Market Intelligence · TX / Lubbock

Lubbock, TX 79423 Housing Market

The typical home value in Lubbock, TX 79423 is $236,433, up 2.8% over the past year as of September 2026. The median list price is $297,500, and homes spend a median of 44 days on the market.

Updated September 2026Median value$236K

The median home value in Lubbock, TX 79423 is $236K as of September 2026, up 2.8% 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 79423 range

$218K to $255K

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

+2.8% over 12 months

Sep 2025$230K

Low $230KHigh $236K

Sep 2026$236K

The numbers

What is the 79423 housing market like?

As of September 2026

Typical home value

$236K

2.8%YoY

Median list price

$298K

9.8%MoM

Days on market

18.9%MoM

Homes for sale

226

2.3%MoM

Price cuts

21.7%

2.2%MoM

New listings

24.0%MoM

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

The outlook

79423 housing market forecast 2027

+0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 79423 to rise 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 79423 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 79423?

Zillow's forecast does not call for a drop: it expects typical home values in 79423 to rise 0.5% by September 2027, after a 2.8% 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 79423 home prices compare?

79423$236,433
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

There were 226 homes for sale in 79423 as of September 2026, with 76 new listings coming on the market. The median list price sits at $297,500, while the typical home value is $236,433, up 2.8% over the past year. Homes are taking a median of 44 days to sell, and 21.7% of listings have taken a price cut. For a seller, that means pricing carefully from the start matters more than testing the market with a high number.

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Down payment20% · $47,287

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Common questions

What people ask us.

How much is a home in 79423 worth?

The typical home value in 79423 is $236,433 as of September 2026, up 2.8% over the past year.

How long does it take to sell a home in 79423?

Homes in 79423 spend a median of 44 days on the market as of September 2026.

Are sellers in 79423 cutting prices?

Yes, 21.7% of listings in 79423 had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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