Lamesa, TX metro area Housing Market

Cold Market

Comprehensive housing market data for the Lamesa, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$179K

10.0% YoY

Days on Market

96 days

12.9% YoY

Active Inventory

31

72.2% YoY

Homes Sold

7

0.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Lamesa, TX metro area Market Summary

The Lamesa, TX metro area housing market is cooling down. As of March 2026, the median home sale price is $179K, down 10.0% year-over-year. Homes are spending a median of 96 days on the market, 12.9% longer than a year ago.

There are 31 homes for sale — 72.2% more than last year. With 4.4 months of supply, this is a balanced market. 12 new listings were added during this period, up 33.3% year-over-year.

0.0% of homes sell above their asking price. 6.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

70

Contributing Factors

Months of Supply 4.4
Days on Market 96
Price Drops 6.5%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 59.0%
Days on Market (National: 55) 74.5%
Inventory (National: 1,314,690) 100.0%

vs. Texas Median

Median Price (Texas: $342K) 47.7%
Days on Market (Texas: 82) 17.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 59% below the national median, which could indicate stronger cash flow potential.

Lamesa, TX metro area Market Trends

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Detailed Market Metrics

Median List Price

$158K

Price per Sq Ft

$78

Sale-to-List Ratio

N/A

Months of Supply

4.4

Sold Above List

0.0%

Price Drops

6.5%

New Listings

12

33.3% YoY

Pending Sales

7

Off Market in 2 Weeks

57.1%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.