79412
Lubbock, Texas
Lubbock 79412 needs watching.
The 79412 ZIP code in Lubbock, Texas has a median sale price of $120K, down -31.4% year-over-year. Homes spend an average of 82 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 79412.
The 79412 ZIP code market shows significant deterioration, with the median sale price at $120,000 representing a 31.4% year-over-year decline. Homes are averaging 82 days on market, and no properties are selling above list price—a clear indication of weakened buyer demand. This price contraction marks one of the steeper corrections in the Lubbock metro area, suggesting either localized economic headwinds or a fundamental repricing of this submarket's housing stock.
Cash buyers and value investors capable of absorbing downside volatility are best positioned in this environment, particularly those seeking distressed inventory or deeply discounted properties. The 0% above-list sale rate eliminates bidding war risk and creates leverage for aggressive negotiation below asking prices. Sellers face the worst conditions, with the 31.4% price decline and extended DOM indicating they should delay listing unless forced by circumstance or willing to accept further depreciation.
The PropIQ score of 45 signals continued caution, suggesting the market hasn't established a price floor despite the sharp correction already realized. The combination of extended inventory absorption time and zero pricing power indicates further softness through Q2 2026. Buyers should monitor whether DOM begins contracting below 70 days or if any properties start closing above list—both would signal the decline is stabilizing, though neither indicator is currently present.
What is the median home price in 79412 Lubbock?
The median sale price in 79412 is $120K, down -31.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Lubbock 79412?
Homes in 79412 Lubbock spend an average of 82 days on market before going under contract.
Is Lubbock 79412 a good place to invest in real estate?
Folio's PropIQ™ score for 79412 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 79412?
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 79412 Lubbock, Texas.