79364
Lubbock, Texas
Lubbock 79364 needs watching.
The 79364 ZIP code in Lubbock, Texas has a median sale price of $202K, down -48.8% year-over-year. Homes spend an average of 73 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79364.
The Lubbock ZIP code 79364 market shows significant contraction, with the median sale price at $202,375 following a severe 48.8% year-over-year decline. Homes are averaging 73 days on market, indicating sluggish absorption rates in a buyer-dominated environment. Notably, zero properties have closed above asking price, signaling complete erosion of seller pricing power and suggesting distressed conditions or fundamental market restructuring in this specific territory.
This environment heavily favors cash buyers and value-oriented investors who can capitalize on the dramatic price compression. Sellers face substantial headwinds and should expect extended marketing periods and below-ask offers as standard negotiating positions. Traditional homebuyers with financing contingencies may find willing sellers, though the magnitude of the price decline warrants careful due diligence regarding neighborhood stability and property condition issues that may be driving the correction.
The PropIQ score of 45 reflects heightened risk and recommends cautious approach to transactions in this ZIP code. The combination of price collapse, extended marketing times, and zero competitive bidding suggests either incomplete price discovery or persistent fundamental challenges requiring resolution. Investors should monitor whether stabilization occurs at current levels or if further downward pressure continues through subsequent quarters before committing capital.
What is the median home price in 79364 Lubbock?
The median sale price in 79364 is $202K, down -48.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Lubbock 79364?
Homes in 79364 Lubbock spend an average of 73 days on market before going under contract.
Is Lubbock 79364 a good place to invest in real estate?
Folio's PropIQ™ score for 79364 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 79364?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 45 = Caution in 79364 Lubbock, Texas.