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Kings Park Lakeridge Raintree South University Pines Waters West

LUBBOCK, TX 79423

Real Estate Market Report  ·  Lubbock County
Seller's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 79423

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

Market Analysis

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

The LUBBOCK, TX real estate market (79423) currently shows 310 active listings, with 85 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has tightened compared to last year, with 49 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 44 days on market compared to 50 days last year.

The median listing price has fallen 5.5% year-over-year, from $314,750 to $297,500.

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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
310
⇩ 13.6% vs 359 last year
Pending
85
27% pending ratio
Median Price
$297,500
⇩ 5.5% vs $314,750 last year
Average Price
$462,562
⇧ 15.5% vs $400,438 last year
Days on Market
44
⇩ 12% vs 50 days last year

Price Per Square Foot

Median $/sqft
$152
— vs $152/sqft last year
Median Home Size
2,054 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 310 this year vs 359 last year
  • Days on market: 44 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $297,500 (-5.5% YoY)
  • Average: $462,562 (+15.5% 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 September 2026, there are 310 active listings in LUBBOCK, TX (zip code 79423), compared to 359 the prior year.

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

The median listing price in LUBBOCK, TX 79423 is $297,500 as of September 2026, a 5.5% decrease from $314,750 the prior year.

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

Homes in LUBBOCK, TX 79423 spend an average of 44 days on the market before going under contract, compared to 50 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 September 2026, LUBBOCK, TX 79423 is currently a Seller's Market. Inventory has tightened compared to last year, with 49 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 44 days on market compared to 50 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 $5,950 compared to a typical 5% commission on the median listing price of $297,500. 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.