Market Intelligence · TX / Lubbock

Lubbock, TX 79416 Housing Market

The typical home in Lubbock, TX 79416 is worth $203,952, up 1.4% over the past year as of September 2026. The median list price sits at $223,500, and homes are spending a median of 37 days on the market.

Updated September 2026Median value$204K

The median home value in Lubbock, TX 79416 is $204K as of September 2026, up 1.4% 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 79416 range

$188K to $220K

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

+1.4% over 12 months

Sep 2025$201K

Low $201KHigh $204K

Sep 2026$204K

The numbers

What is the 79416 housing market like?

As of September 2026

Typical home value

$204K

1.4%YoY

Median list price

$224K

0.6%MoM

Days on market

14.0%MoM

Homes for sale

148

7.2%MoM

Price cuts

22.5%

69.3%MoM

New listings

47.8%MoM

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

The outlook

79416 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 79416 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 79416 rose 1.4%, per the Zillow Home Value Index.

Will home prices drop in 79416?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 79416 to stay roughly flat by September 2027 (up 0.2%), after a 1.4% 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 79416 home prices compare?

79416$203,952
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 148 homes for sale in 79416, with 48 new listings added in that same period. The median list price of $223,500 runs above the typical home value of $203,952, which suggests sellers are asking a premium over what the average home is worth. Homes are moving at a moderate pace, with a median of 37 days on market. Meanwhile, 22.5% of listings have taken a price cut. For a seller, this is a steady market that rewards realistic pricing from day one rather than testing the ceiling.

Monthly payment

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Down payment20% · $40,790

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Common questions

What people ask us.

How much is a home in 79416 worth?

The typical home value in 79416 is $203,952, up 1.4% over the past year as of September 2026.

How fast do homes sell in 79416?

Homes in 79416 spend a median of 37 days on the market as of September 2026. There are 148 homes for sale, with 48 new listings added in the same period.

Are sellers cutting prices in 79416?

Yes, 22.5% of listings in 79416 had a price cut as of September 2026. The median list price is $223,500, which sits above the typical home value of $203,952.

Discover

Nearby ZIP markets.

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