Market Overview
Home Prices in Lamesa, TX
The median home value in Lamesa, TX is $112,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lamesa are priced73% below average. Lamesa is part of the Lamesa, TX metro area.
Over the past five years, Lamesa home values have fallen by approximately15.1%, reflecting softening conditions in this market.
Price History
Lamesa Home Price Trend
2020
$117,733
$118K
—
2021
$132,545
$133K
+12.6%
2022
$124,018
$124K
-6.4%
2023
$111,856
$112K
-9.8%
2024
$102,273
$102K
-8.6%
2025
$106,575
$107K
+4.2%
2026
$112,549
$113K
+5.6%
City Comparison
Lamesa vs. National Median
🏠 Lamesa
$112,549
National Median
$410,000
At $112,549, homes in Lamesa cost 73% below the national median of $410,000. This makes Lamesa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lamesa?
20% Down Payment
$22,510
on $112,549
Monthly P&I
$587/mo
30-yr @ 6.8%
Total Monthly Est.
~$745/mo
incl. taxes & insurance
Income Needed
$29,800
gross annual (30% rule)
10% Down Option
$11,255
+ PMI applies
Loan Amount (20% dn)
$90,039
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lamesa, TX?
The median home value in Lamesa is $112,549 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Lamesa?
Over the past year, home values in Lamesa have increased by 5.6%. Over five years, prices have fallen approximately 15.1%.
How much do I need to earn to buy a home in Lamesa?
To comfortably afford the median home price of $112,549 with a 20% down payment ($22,510) at today's rates (6.8%), you'd need a gross annual income of approximately $29,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Lamesa compare to the national average home price?
The national median home value is approximately $410,000. At $112,549, homes in Lamesa are 73% below the national average.
What metro area is Lamesa part of?
Lamesa is part of the Lamesa, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.