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Market Intelligence · TX / Lubbock

Lubbock, TX 79407 Housing Market

In Lubbock, TX 79407, the typical home value is $225,574, up 1.3% over the past year as of September 2026. The median list price stands at $289,900, and homes spend a median of 50 days on the market.

Updated September 2026Median value$226K

The median home value in Lubbock, TX 79407 is $226K as of September 2026, up 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 79407 range

$208K to $244K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.3% over 12 months

Typical home value in 79407 over the last 12 months: $223K in Sep 2025 to $226K in Sep 2026 (+1.3%).

Sep 2025$223K

Sep 2026$226K

The numbers

What is the 79407 housing market like?

Typical home value

$226K

Up1.3%YoY

Median list price

$290K

Up1.0%MoM

Days on market

50

Up8.7%MoM

Homes for sale

169

Up5.0%MoM

Price cuts

27.8%

Up22.2%MoM

New listings

42

Down12.5%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

79407 housing market forecast 2027

+0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 79407 to stay roughly flat by September 2027 (up 0.4%).

Over the 12 months through September 2026, typical home values in 79407 rose 1.3%, per the Zillow Home Value Index.

Will home prices drop in 79407?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 79407 to stay roughly flat by September 2027 (up 0.4%), after a 1.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 79407 home prices compare?

  • 79407$225,574
  • Lubbock$154,740
  • Texas$258,447
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lubbock: 13 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 169 homes for sale in 79407, with 42 new listings added. The typical home value is $225,574, up 1.3% over the past year, a modest pace of appreciation. The median list price of $289,900 sits well above the typical value, and the median time on market is 50 days. Meanwhile, 27.8% of listings have taken a price cut, which suggests many sellers are starting above what buyers will pay. For a seller, the practical read is that the market rewards realistic pricing and punishes overreaching.

Monthly payment

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20% · $45,115

Common questions

What people ask us.

How much is a home in 79407 worth?

The typical home value in Lubbock, TX 79407 is $225,574 as of September 2026, up 1.3% over the past year.

How long does it take to sell a home in 79407?

Homes in 79407 spend a median of 50 days on the market as of September 2026. There were 169 homes for sale and 42 new listings in that same period.

Are sellers cutting prices in 79407?

Yes. As of September 2026, 27.8% of listings in 79407 had a price cut, while the median list price was $289,900.

Discover

Nearby ZIP markets.

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