Market Intelligence · TX / Lubbock

Lubbock, TX 79416 Housing Market

The typical home value in Lubbock's 79416 ZIP is $204,546, up 1.2% over the past year. Homes list at a median price of $224,750 and spend about 43 days on market. This remains a relatively affordable area for the region.

Updated August 2026Median value$206K

The median home value in Lubbock, TX 79416 is $206K as of August 2026, up 1.3% 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 79416 range

$189K to $222K

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 79416 over the last 12 months: $203K in Aug 2025 to $206K in Aug 2026 (+1.3%).

Aug 2025$203K

Aug 2026$206K

The numbers

What is the 79416 housing market like?

Typical home value

$206K

Up1.3%YoY

Median list price

$225K

Down2.1%MoM

Days on market

43

Down10.4%MoM

Homes for sale

138

Down9.8%MoM

Price cuts

13.3%

Down28.5%MoM

New listings

92

Up70.4%MoM

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

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The comparison

How do 79416 home prices compare?

  • 79416$205,700
  • 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

Currently 138 homes are for sale in 79416, with 92 new listings as of the latest data. The median days on market sits at 43, suggesting a moderate pace of activity. About 13.3% of listings have received a price cut, indicating some sellers are adjusting expectations. The median list price of $224,750 sits above the typical home value, a gap worth noting. For a seller, this market rewards realistic pricing and good condition over holding out for top dollar.

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