The story of this market
The typical home in ZIP 79363 sells for about $155,000, or $139 per square foot.
Prices are roughly flat from a year ago (+0.2%), a market in balance. Homes take about 46 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 79363 — Shallowater
The Lubbock market is currently stable with a median home value of $155,000. Buyers have significant choice due to inventory levels, and sellers are finding success by pricing homes in line with current market data rather than aggressive expectations.
Median prices moved up 0.2% year over year.
Homes spend a median of 46 days on market with 3.6 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 15.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 79363, Lubbock County TX
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).
Data aggregated from Lubbock County ZCTA-level census profiles.
- Adventure Park4.112.7 mi
- Blazing Bouncers / Arcave4.519.6 mi
- MaxxAir Trampoline Park4.212.7 mi
- Chuck E. Cheese3.913.6 mi
- Water Rampage3.613.1 mi
- United Supermarkets Arena4.713.2 mi
- Galaxy Stadium4.713.3 mi
- Lubbock Memorial Civic Center4.714.4 mi
- Golden Corral Buffet & Grill414.7 mi
- Science Spectrum & OMNI Theater4.616.4 mi
- Main Event Lubbock4.212.8 mi
- Dave & Buster's Lubbock4.411.7 mi
- Adventure Park4.112.7 mi
- National Ranching Heritage Center4.812.9 mi
- Stars & Stripes Drive-In Theatre4.79.5 mi
- Science Spectrum & OMNI Theater4.616.4 mi
- Museum at Texas Tech University4.712.8 mi
- National Ranching Heritage Center4.812.9 mi
- Buddy Holly Center4.615.2 mi
- American Windmill Museum4.816 mi
- Buddy Holly Lake Recreation Area4.512.2 mi
- Hodges Park4.512.5 mi
- Rodgers Park4.512.5 mi
- Resthaven Funeral Home & Memorial Park3.811.5 mi
- Frank Higinbotham Park4.412.2 mi
- The Rawls Course4.612 mi
- Shadow Hills Golf Course4.210.3 mi
- Hillcrest Golf & Country Club4.511.2 mi
- Reese Golf Center3.89.3 mi
- Marshalls & HomeGoods4.411.9 mi
- Burlington4.112.9 mi
- Ross Dress for Less412.9 mi
- West End Center4.511.9 mi
- PICKNDRIVE AUTO4.810.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.