Market Intelligence · TX / Lubbock

Lubbock, TX 79407 Housing Market

Homes in Lubbock's 79407 ZIP code have a typical value of $226,599, up 1.7% over the past year. The median list price stands at $287,000, with homes taking a median 46 days to sell.

Updated August 2026Median value$227K

The median home value in Lubbock, TX 79407 is $227K as of August 2026, up 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 79407 range

$209K to $245K

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

+1.5% over 12 months

Typical home value in 79407 over the last 12 months: $224K in Aug 2025 to $227K in Aug 2026 (+1.5%).

Aug 2025$224K

Aug 2026$227K

The numbers

What is the 79407 housing market like?

Typical home value

$227K

Up1.5%YoY

Median list price

$287K

Up1.6%MoM

Days on market

46

Down6.1%MoM

Homes for sale

161

Up17.5%MoM

Price cuts

22.7%

Up19.1%MoM

New listings

48

Down11.1%MoM

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

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The comparison

How do 79407 home prices compare?

  • 79407$226,955
  • Lubbock$154,870
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lubbock: 13 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

The 79407 market shows moderate activity, with 161 homes for sale and 48 new listings as of August 2026. At a median list price of $287,000, homes are spending 46 days on the market before sale. The fact that 22.7% of listings carry a price cut suggests sellers are adjusting to current conditions. For homeowners considering a sale, this is a balanced market where pricing strategy matters.

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20% · $45,391

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