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Foreclosure Homes in Lamesa, TX 79331

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Lamesa, TX Foreclosures

How much do homes sell for in Lamesa, TX?
The average home price is currently $124,223.
In Lamesa, TX, how many homes are available?
There are currently 5 active home listings available in Lamesa.
What’s the average rental cost in Lamesa, TX?
The average rental price in Lamesa is $1,050.
What is the most expensive home in Lamesa?
The most expensive home sold in Lamesa had a price of $1,568,600.
What is currently the cheapest priced home in Lamesa, TX?
The cheapest home for sale in Lamesa is priced at $12,892.

Living in Lamesa, TX

Lamesa, TX, is a welcoming community in West Texas known for its agricultural roots and friendly atmosphere. With a rich history and vibrant local culture, residents enjoy a strong sense of community, excellent educational opportunities, and access to beautiful outdoor spaces. Conveniently located, Lamesa is an excellent place to live for those seeking a peaceful lifestyle.

Current Market Conditions in Lamesa, TX

The Lamesa real estate market is currently active, with a steady demand for homes. Buyers are showing interest in family-friendly neighborhoods and properties with ample land. The average days on market is trending downwards, indicating that homes are selling faster compared to previous months.

As West Texas continues to grow, Lamesa benefits from new investments and developments, making it an attractive option for homebuyers. Rural living combined with urban conveniences contributes to a favorable real estate climate.

Home Value Estimator For Lamesa, TX

There are currently 4,264 real estate properties in Lamesa, TX, with a median automated valuation model (AVM) price of $89,072.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lamesa, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lamesa, TX, is $124,223.00, with the most expensive house in Lamesa, TX, topping out at $1,568,600.00 and the cheapest home in Lamesa, TX, clocking in at $12,892.00. In other words, there’s something for every potential homebuyer or savvy investor in Lamesa, TX!

Rent Prices In Lamesa, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lamesa, TX, is on a rollercoaster ride. The average rent price in Lamesa, TX, is $1,050.00. Indeed, when looking to rent in Lamesa, TX, you can expect to pay as little as $540.00 or as much as $2,320.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Lamesa, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lamesa, TX 79331 Foreclosures


Market Trend for Lamesa, TX

Total Listings Available: 5

Market Values:

Home Prices from $12,892 to $1,568,600

Average Sales Price: $124,223

Rental Values:

Rental from $540 to $2,320

Average Rent Value: $1,050 / month

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