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LORENZO, TX 79343

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The LORENZO, TX real estate market (79343) currently shows 3 active listings, with 2 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 82 days on market compared to 76 days last year.

The median listing price has risen 10.1% year-over-year, from $163,750 to $180,225.

Whether you are buying or selling in LORENZO, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,443  ·  Density: 4.3/mi²  ·  Median household income: $61,250

Typical home value: $122,814  ·  Homeownership: 79.6%

Market Overview

Active Listings
3
vs 3 last year
Pending
2
67% pending ratio
Median Price
$180,225
⇧ 10.1% vs $163,750 last year
Average Price
$180,225
⇩ 2.3% vs $184,375 last year
Days on Market
82
⇧ 7.9% vs 76 days last year

Price Per Square Foot

Median $/sqft
$79
⇩ 9.2% vs $87/sqft last year
Median Home Size
2,238 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 82 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $180,225 (+10.1% YoY)
  • Average: $180,225 (-2.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.4 miles — 1,100 listings ($360,855,189 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
79343Lorenzo, TX 793430.0 mi3$388,389$129,463$129,463
79329Idalou, TX 793299.7 mi16$6,650,304$291,200$415,644
79403Lubbock, TX 7940312.7 mi64$12,217,856$118,000$190,904
79250Petersburg, TX 7925016.2 mi7$770,910$119,000$110,130
79401Lubbock, TX 7940118.2 mi14$2,939,118$227,499$209,937
79412Lubbock, TX 7941219.4 mi64$8,587,776$128,875$134,184
79410Lubbock, TX 7941020.7 mi66$16,205,574$203,625$245,539
79413Lubbock, TX 7941321.1 mi132$28,599,384$197,225$216,662
79423Lubbock, TX 7942323.0 mi345$147,290,850$367,000$426,930
79416Lubbock, TX 7941625.1 mi215$58,559,335$224,375$272,369
79381Wilson, TX 7938126.1 mi14$6,752,158$541,700$482,297
79363Shallowater, TX 7936328.6 mi33$21,728,916$417,250$658,452
79382Wolfforth, TX 7938230.4 mi127$50,164,619$337,450$394,997

Frequently Asked Questions

How many homes are for sale in LORENZO, TX 79343?

As of July 2026, there are 3 active listings in LORENZO, TX (zip code 79343), compared to 3 the prior year.

What is the median home price in LORENZO, TX 79343?

The median listing price in LORENZO, TX 79343 is $180,225 as of July 2026, a 10.1% increase from $163,750 the prior year.

How long do homes stay on the market in LORENZO, TX?

Homes in LORENZO, TX 79343 spend an average of 82 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in LORENZO, TX 79343?

Based on current inventory and days-on-market data as of July 2026, LORENZO, TX 79343 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 82 days on market compared to 76 days last year.

How much can I save on real estate commission in LORENZO, TX?

With SELL123.com's maximum 3% commission, sellers in LORENZO, TX 79343 save an estimated $3,605 compared to a typical 5% commission on the median listing price of $180,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.