Lamesa, TX

Buyer's market-27.3% YoY

Housing market overview · Updated weekly

$119,999median sale price

Homes sold

1

Last 12 weeks

Days on market

396

Average pace

Active listings

21

21.0 months supply

Sale-to-list

Below asking

The Lamesa housing market is currently classified as a buyer's market with a median sale price of $119,999. Prices have fallen 27.3% compared to last year, with homes spending an average of 396 days on market, indicating 21.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lamesa

There are currently 21 homes listed for sale in Lamesa, Texas. The median listing price is $198K.

Active listings

21

Homes on market

Median list price

$198K

Avg. days on market

396

Days until sale

New this week

7

Newly listed

Price drops:19.1%of listings

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Frequently asked questions

What is the average home price in Lamesa?

The median home sale price in Lamesa is $119,999, down 27.3% from last year.

How long do homes stay on market in Lamesa?

Homes typically spend 396 days on market before going under contract.

Is Lamesa a buyer's or seller's market?

With 21.0 months of supply, Lamesa is currently a buyer's market.

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