Market Intelligence · TX / Lubbock

Lubbock, TX 79423 Housing Market

The typical home value in Lubbock's 79423 ZIP is $237,599, up 2.5% over the past year. The median list price stands at $330,000, with homes averaging 37 days on market.

Updated August 2026Median value$237K

The median home value in Lubbock, TX 79423 is $237K as of August 2026, up 2.7% 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 79423 range

$218K to $256K

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

+2.7% over 12 months

Typical home value in 79423 over the last 12 months: $231K in Aug 2025 to $237K in Aug 2026 (+2.7%).

Aug 2025$231K

Aug 2026$237K

The numbers

What is the 79423 housing market like?

Typical home value

$237K

Up2.7%YoY

Median list price

$330K

Down10.1%MoM

Days on market

37

Down2.6%MoM

Homes for sale

221

Flat0.0%MoM

Price cuts

22.2%

Up22.6%MoM

New listings

100

Down2.0%MoM

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

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The comparison

How do 79423 home prices compare?

  • 79423$237,301
  • 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

There are currently 221 homes for sale in 79423, with 100 new listings as of August 2026. The median list price is $330,000, and homes are taking a median of 37 days to sell. About 22.2% of listings have seen a price cut, which suggests some sellers are adjusting expectations in a market where fundamentals have improved modestly. For sellers, this means you'll want to price competitively from day one.

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20% · $47,460

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