79423 Housing Market Report January 2025•Lubbock County, Texas

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Housing Prices in 79423, TX

How much do homes in 79423, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$279,749$144/SqFt
-$9,850
-3.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 79423 has decreased by 3.4% since last year.

Summary: The median home list price in 79423 was $279,749 in January 2025, down 3.4% from the previous year, and the median price per square foot was $144.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
79404
+31.6%
79424
+3.0%
79413
+1.9%
79423
-3.4%
79412
-6.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$95K$95K
0.0%
2$156.2K$171K
+9.4%
3$219.6K$224K
+2.0%
4$429.9K$415K
-3.5%
5$389.5K$421.4K
+8.2%

Summary: 79423 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.4%. The home price for 3 bedroom homes increased by +2.0%. The home price for 4 bedroom homes decreased by -3.5%. The home price for 5 bedroom homes increased by +8.2%.

Housing supply in 79423, TX

How many homes are available in 79423, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
355Last MonthJan 2025
3312 months agoDec 2024
+7.3 %
Change MoMDec – Jan

Summary: The 79423 real estate market had 355 homes for sale in Jan 2025, a 7.3 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
123
+50.0%
21918
-5.3%
3172169
-1.7%
4123149
+21.1%
51516
+6.7%

Summary: 79423 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -5.3%. The inventory for 3 bedroom homes decreased by -1.7%. The inventory for 4 bedroom homes increased by +21.1%. The inventory for 5 bedroom homes increased by +6.7%.

Days on Market for 79423, TX

How long does it take to sell a home in 79423, TX?

Breakdown of Home Sale Times

Under 30 Days22 Homes

30 – 90 Days22 Homes

Over 90 Days12 Homes

Insight

Many homes in 79423 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 59 homes were sold in 79423; 37% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
83 DaysThis YearJan 2025
107 Days1 year agoJan 2024
-22.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 79423 had an average listing age of 83 days in Jan 2025, down by 22.3% compared to the previous year.

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Newest Listings in 79423, TX

What homes are available in 79423, TX?

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Nearby markets

Nearby markets aren't available for 79423, TX

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MLS Disclaimers and Copyright

Based on information from Lubbock Multiple Listing Service, and North Texas Real Estate Information Systems Inc. for the period 02/01/2023 - 02/01/2025

Copyright © 2025 Lubbock Association of REALTORS®. All rights reserved.

IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/30/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 2/11/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.