The story of this market
The typical home in ZIP 79409 sells for about $250,000, or $139 per square foot.
Prices are down 2.6% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 79409 — Lubbock
ZIP 79409 is a non-residential ZCTA code primarily associated with institutional or specialized land use in Lubbock. Market figures provided reflect the broader Lubbock metropolitan area as ZIP-specific residential data is not published for this code. The Lubbock market is currently balanced with stable pricing and moderate inventory levels.
Median prices moved down 2.6% year over year.
Homes spend a median of 45 days on market with 3.1 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
Awaiting this reading — not graded.
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).
The Lubbock economy is anchored by Texas Tech University, the healthcare sector, and regional agriculture.
Lubbock is served by a network of highways including I-27 and US-84, with limited public transit options.
- Blazing Bouncers / Arcave4.57.2 mi
- Adventure Park4.12.6 mi
- MaxxAir Trampoline Park4.25.1 mi
- Chuck E. Cheese3.94.4 mi
- Water Rampage3.65.6 mi
- United Supermarkets Arena4.70.6 mi
- Galaxy Stadium4.70.6 mi
- Lubbock Memorial Civic Center4.71.8 mi
- Golden Corral Buffet & Grill44.4 mi
- Science Spectrum & OMNI Theater4.64.2 mi
- Cinemark Tinseltown Lubbock and XD4.54.9 mi
- Lubbock Premiere LUX 16 IMAX and Pizza Pub4.44.2 mi
- Main Event Lubbock4.24.5 mi
- Science Spectrum & OMNI Theater4.64.2 mi
- Blazing Bouncers / Arcave4.57.2 mi
- Science Spectrum & OMNI Theater4.64.2 mi
- Museum at Texas Tech University4.70.3 mi
- National Ranching Heritage Center4.80.2 mi
- Buddy Holly Center4.62.4 mi
- American Windmill Museum4.83.4 mi
- Buffalo Springs Lake49.9 mi
- Prairie Dog Town4.62.9 mi
- Mackenzie Main City Park4.52.6 mi
- Mae Simmons Park4.53.6 mi
- Maxey Park4.51.7 mi
- Meadowbrook Golf Club3.62.9 mi
- The Rawls Course4.61 mi
- Shadow Hills Golf Course4.23.6 mi
- Hillcrest Golf & Country Club4.53.5 mi
- Reese Golf Center3.88.4 mi
- South Plains Mall4.24.2 mi
- T.J. Maxx4.34.4 mi
- Marshalls & HomeGoods4.44.1 mi
- Burlington4.14.8 mi
- La Super Economica Meat Market4.31.3 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.