79403
Lubbock, Texas
Lubbock 79403 needs watching.
The 79403 ZIP code in Lubbock, Texas has a median sale price of $193K, down -47.1% year-over-year. Homes spend an average of 67 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 79403.
ZIP code 79403 in Lubbock is experiencing significant market contraction, with the median sale price at $192,950 representing a dramatic 47.1% decline year-over-year. Homes are averaging 66.5 days on market, indicating slower absorption than typical healthy markets. Notably, zero percent of properties sold above list price in the most recent period, signaling weak buyer demand and substantial downward pricing pressure across this submarket.
This environment strongly favors cash buyers and investors with extended hold horizons who can capitalize on distressed pricing. Sellers face unfavorable conditions and should expect to price aggressively below recent comparables to achieve transactions within the current 66.5-day average timeline. Traditional owner-occupant buyers gain negotiating leverage but must assess whether the 47.1% price decline reflects temporary market dislocation or fundamental value deterioration in this specific ZIP code.
The PropIQ intelligence score of 41/100 indicates elevated caution, suggesting underlying market stress that may not have fully resolved. With zero competitive bidding activity and continued downward price momentum, further declines or extended stagnation appear more probable than near-term recovery. Prospective buyers should monitor whether days-on-market begins trending downward and whether any properties begin selling above list price as early indicators of market stabilization before committing capital.
What is the median home price in 79403 Lubbock?
The median sale price in 79403 is $193K, down -47.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Lubbock 79403?
Homes in 79403 Lubbock spend an average of 67 days on market before going under contract.
Is Lubbock 79403 a good place to invest in real estate?
Folio's PropIQ™ score for 79403 is 41/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 79403?
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 79403 Lubbock, Texas.