79382
Lubbock, Texas
Lubbock 79382 needs watching.
The 79382 ZIP code in Lubbock, Texas has a median sale price of $247K, down -0.0% year-over-year. Homes spend an average of 167 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79382.
The Lubbock ZIP code 79382 market has stalled, with the median sale price holding flat at $246,990 year-over-year, showing zero price appreciation. Homes are averaging 166.5 days on market, more than five months, indicating weak demand and substantial inventory absorption time. Notably, zero percent of homes are selling above list price, confirming a market where sellers hold no pricing power and buyers face no competitive bidding pressure.
This environment heavily favors patient buyers with negotiating leverage, particularly first-time purchasers or investors seeking cash-flowing rental properties at controlled entry points. The 166-5-day marketing period gives buyers time to conduct thorough due diligence without rush decisions. Sellers face challenging conditions and should avoid this market unless circumstances require immediate liquidation, as the flat price trajectory and extended days-on-market metrics suggest limited upside and potential carrying costs.
The PropIQ score of 41 signals caution, reflecting weak momentum indicators and below-average market health compared to national benchmarks. With no price growth over twelve months and prolonged selling timelines, the data suggests continued buyer-favored conditions through the next quarter. Monitor for changes in days-on-market trends and any emergence of above-list sales, which would indicate shifting dynamics before price appreciation resumes.
What is the median home price in 79382 Lubbock?
The median sale price in 79382 is $247K, down -0.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Lubbock 79382?
Homes in 79382 Lubbock spend an average of 167 days on market before going under contract.
Is Lubbock 79382 a good place to invest in real estate?
Folio's PropIQ™ score for 79382 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 79382?
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 41 = Caution in 79382 Lubbock, Texas.