79383
Lubbock, Texas
Lubbock 79383 is accelerating.
The 79383 ZIP code in Lubbock, Texas has a median sale price of $286K, down N/A year-over-year. Homes spend an average of 3 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 85 signals Strong Buy conditions. Strong momentum and fast absorption suggest continued appreciation in Lubbock.
# ZIP Code 79383 Market Report — Lubbock, TX
The Lubbock 79383 market shows contradictory signals with a median sale price of $285,500 holding flat year-over-year despite extraordinary velocity. Homes are clearing in just 3 days on average, indicating severe supply constraints rather than weak demand. The 0% above-asking premium suggests sellers are pricing accurately to capture immediate offers, though this speed typically correlates with multiple bids at list. This disconnect between velocity and price appreciation points to disciplined seller pricing in a supply-starved environment.
Cash-position buyers who can close quickly hold significant advantage in a 3-day market where financing contingencies become deal killers. Investors seeking immediate rental deployment benefit from the price stability at $285,500, which removes speculative premium while the velocity confirms tenant demand proxies. Sellers face optimal conditions with near-instant absorption, though the flat year-over-year pricing and 0% above-ask rate mean they sacrifice appreciation gains for certainty and speed.
The PropIQ score of 85 signals strong buy conditions likely driven by the velocity-stability combination creating favorable entry pricing. Watch for inventory increases that could extend the 3-day average, which would indicate supply catching demand and potentially pressuring prices downward. The current flat pricing during extreme velocity suggests the next move breaks either toward appreciation if supply remains constrained or toward correction if days-on-market normalize above 14 days.
What is the median home price in 79383 Lubbock?
The median sale price in 79383 is $286K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Lubbock 79383?
Homes in 79383 Lubbock spend an average of 3 days on market before going under contract.
Is Lubbock 79383 a good place to invest in real estate?
Folio's PropIQ™ score for 79383 is 85/100 — a Strong Buy signal. 0% of homes sold above asking.
What does a PropIQ™ score of 85 mean for 79383?
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 85 = Strong Buy in 79383 Lubbock, Texas.