The story of this market
The typical home in ZIP 79350 sells for about $249,252, or $87 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,400 a month.
This ZIP has no home sales of its own, so its market figures come from Lubbock County, Texas (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 79350 — New Deal
The housing market in the 79350 ZIP code remains stable, reflecting the broader trends of the Lubbock County market. Prices are holding steady with moderate inventory levels, driven by demand from commuters seeking affordable housing outside the city center. Market conditions are balanced, with consistent sales activity and minimal price volatility.
This ZIP is best suited for those seeking a quiet, rural-adjacent lifestyle who work in the Lubbock metro area and prefer lower-density living.
Median prices moved up 1.7% year over year.
Homes spend a median of 42 days on market with 8.1 months of supply — a balanced-paced market.
37% of listings have cut prices · homes sell at 98.1% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 79350, Lubbock County TX
The area is subject to regional risks including high winds and occasional severe weather typical of the South Plains.
New Deal is a small rural community with limited industrial development, primarily serving as a residential enclave near the Lubbock employment core.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents typically commute via I-27 to reach major employment centers in Lubbock, a drive of approximately 15-20 minutes.
Recreational options are limited within the ZIP, with residents relying on nearby Lubbock for major parks, shopping, and entertainment venues.
The rental market is characterized by low inventory and limited turnover, with demand driven by proximity to Lubbock.
The local economy is heavily tied to the broader Lubbock metropolitan area, which is anchored by Texas Tech University, healthcare systems, and regional agriculture.
Transportation is primarily automobile-dependent, with I-27 serving as the main arterial corridor connecting the area to Lubbock.
The Lubbock Central Appraisal District manages property assessments for all jurisdictions within the county.
Parcels are subject to New Deal ISD and Lubbock County taxing jurisdictions.
Property insurance premiums in the region are influenced by exposure to wind and hail events common to the Texas Panhandle.
Texas is a non-judicial foreclosure state, allowing for relatively rapid processing of foreclosures under the deed of trust.
Texas law requires sellers to provide a written disclosure notice to buyers regarding the condition of the property.
Data retrieved from US Census Bureau ZCTA 79350 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Blazing Bouncers / Arcave4.517.3 mi
- Adventure Park4.112.8 mi
- MaxxAir Trampoline Park4.214.9 mi
- Chuck E. Cheese3.914.8 mi
- Water Rampage3.615.5 mi
- United Supermarkets Arena4.711.4 mi
- Galaxy Stadium4.710.6 mi
- Lubbock Memorial Civic Center4.710.6 mi
- Golden Corral Buffet & Grill415.1 mi
- Science Spectrum & OMNI Theater4.614.9 mi
- Prairie Dog Town4.69.8 mi
- Adventure Park4.112.8 mi
- Mackenzie Main City Park4.510.1 mi
- National Ranching Heritage Center4.810.7 mi
- Buddy Holly Center4.611.2 mi
- Science Spectrum & OMNI Theater4.614.9 mi
- Museum at Texas Tech University4.710.8 mi
- National Ranching Heritage Center4.810.7 mi
- Buddy Holly Center4.611.2 mi
- American Windmill Museum4.811.1 mi
- Prairie Dog Town4.69.8 mi
- Mackenzie Main City Park4.510.1 mi
- Mae Simmons Park4.511.4 mi
- Maxey Park4.512.4 mi
- Buddy Holly Lake Recreation Area4.58.9 mi
- Meadowbrook Golf Club3.69.6 mi
- The Rawls Course4.610.4 mi
- Shadow Hills Golf Course4.211.7 mi
- Hillcrest Golf & Country Club4.57.4 mi
- La Super Economica Meat Market4.39.8 mi
- The National Flea Market4.310 mi
- Dollar General3.99.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Contamination repair: median price, price per sq ft reproduced Lubbock County's own figure to the dollar and were cleared — a parent aggregate is not this ZIP's reading.