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Kings Park Lakeridge Raintree South University Pines Waters West

LUBBOCK, TX 79423

Real Estate Market Report  ·  Lubbock County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 79423

Kings Park · Lakeridge · Raintree · South · University Pines · Waters · West

Market Analysis

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

The LUBBOCK, TX real estate market (79423) currently shows 381 active listings, with 139 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41 days on market compared to 44 days last year.

The median listing price has risen 4.7% year-over-year, from $335,000 to $350,750.

Whether you are buying or selling in LUBBOCK, 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: 42,284  ·  Density: 254.2/mi²  ·  Median household income: $82,854

Typical home value: $204,960  ·  Homeownership: 72.8%

Market Overview

Active Listings
381
⇧ 7% vs 356 last year
Pending
139
36% pending ratio
Median Price
$350,750
⇧ 4.7% vs $335,000 last year
Average Price
$432,327
⇧ 0.9% vs $428,290 last year
Days on Market
41
⇩ 6.8% vs 44 days last year

Price Per Square Foot

Median $/sqft
$158
⇧ 5.3% vs $150/sqft last year
Median Home Size
2,245 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 381 this year vs 356 last year
  • Days on market: 41 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $350,750 (+4.7% YoY)
  • Average: $432,327 (+0.9% 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 29.4 miles — 1,218 listings ($424,307,164 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
79423Lubbock, TX 794230.0 mi345$147,290,850$367,000$426,930
79404Lubbock, TX 794047.0 mi44$8,933,452$121,725$203,033
79413Lubbock, TX 794138.1 mi132$28,599,384$197,225$216,662
79381Wilson, TX 793818.9 mi14$6,752,158$541,700$482,297
79411Lubbock, TX 794119.4 mi55$8,248,130$139,850$149,966
79382Wolfforth, TX 7938210.3 mi127$50,164,619$337,450$394,997
79366Ransom Canyon, TX 7936611.6 mi18$8,312,706$398,750$461,817
79416Lubbock, TX 7941614.0 mi215$58,559,335$224,375$272,369
79407Lubbock, TX 7940716.6 mi220$92,097,500$290,000$418,625
79373Tahoka, TX 7937319.0 mi21$7,385,616$277,500$351,696
79367Smyer, TX 7936721.4 mi1$125,000$125,000$125,000
79329Idalou, TX 7932922.1 mi16$6,650,304$291,200$415,644
79357Ralls, TX 7935729.4 mi10$1,188,110$132,025$118,811

Frequently Asked Questions

How many homes are for sale in LUBBOCK, TX 79423?

As of March 2026, there are 381 active listings in LUBBOCK, TX (zip code 79423), compared to 356 the prior year.

What is the median home price in LUBBOCK, TX 79423?

The median listing price in LUBBOCK, TX 79423 is $350,750 as of March 2026, a 4.7% increase from $335,000 the prior year.

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

Homes in LUBBOCK, TX 79423 spend an average of 41 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in LUBBOCK, TX 79423?

Based on current inventory and days-on-market data as of March 2026, LUBBOCK, TX 79423 is currently a Balanced Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LUBBOCK, TX 79423 save an estimated $7,015 compared to a typical 5% commission on the median listing price of $350,750. 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.