79424
Lubbock, Texas
Lubbock 79424 needs watching.
The 79424 ZIP code in Lubbock, Texas has a median sale price of $339K, up +1.2% year-over-year. Homes spend an average of 63 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 79424.
The 79424 ZIP code in Lubbock reports a median sale price of $339,000 as of February 2026, marking a modest 1.2% year-over-year increase that barely outpaces inflation. Homes are averaging 63 days on market, indicating neither urgency nor stagnation in buyer activity. Notably, zero properties closed above asking price, signaling that sellers hold no pricing power and buyers face no competitive pressure in negotiations.
This environment favors methodical buyers who can leverage the 63-day average market time to conduct thorough due diligence and negotiate below list price. Investors seeking cash flow over appreciation should proceed cautiously given the anemic 1.2% price growth and the PropIQ score of 55. Sellers with equity and no urgency may hold, while those requiring liquidity should price aggressively given the complete absence of above-ask sales.
The PropIQ score of 55 suggests underlying market fragility that warrants close monitoring of inventory levels and employment data in Lubbock's economy. The combination of flat pricing momentum and extended marketing periods indicates potential for further softening if interest rates remain elevated or local demand weakens. Buyers entering now should model conservative appreciation assumptions below 2% annually until market absorption rates demonstrate sustained improvement.
What is the median home price in 79424 Lubbock?
The median sale price in 79424 is $339K, up +1.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Lubbock 79424?
Homes in 79424 Lubbock spend an average of 63 days on market before going under contract.
Is Lubbock 79424 a good place to invest in real estate?
Folio's PropIQ™ score for 79424 is 55/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 79424?
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 55 = Caution in 79424 Lubbock, Texas.