The story of this market
The typical home in ZIP 79412 sells for about $250,000, or $139 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 79412 — Lubbock
The housing market in 79412 remains stable, reflecting the broader Lubbock market's balanced conditions. While median prices have seen modest growth, the market is characterized by a healthy inventory level and consistent sales activity, driven by local employment stability.
This ZIP is well-suited for families and individuals seeking established neighborhoods with convenient access to city amenities and major employment hubs.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 3.7 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 94.8% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 18.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79412, Lubbock County TX
Not determinable at the ZIP level; Lubbock city-wide crime trends are monitored by local law enforcement but specific ZCTA-level comparative data is not published.
Schools serving the 79412 area are part of the Lubbock Independent School District, which maintains a mix of ratings across its elementary, middle, and high school campuses.
The area is subject to standard North Texas climate risks, including high wind events and occasional severe thunderstorms; flood risk is generally low but varies by specific parcel location.
Economic momentum is driven by the broader Lubbock regional economy, anchored by Texas Tech University, healthcare systems, and agricultural services.
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 in 79412 have direct access to major arterial roads providing efficient transit to the central Lubbock employment core and Texas Tech University.
The area features proximity to local neighborhood parks and is within a short drive of major shopping and dining districts along the city's primary commercial corridors.
The rental market in 79412 is characterized by steady demand due to the area's central location and proximity to educational institutions, with moderate vacancy pressure.
The economy is anchored by Texas Tech University, Covenant Health, and University Medical Center, supported by a diverse mix of retail and agricultural services.
The area is served by a grid-based street network with access to major highways including Loop 289 and I-27.
Development is focused on infill projects and the revitalization of established residential corridors within the city limits.
The Lubbock Central Appraisal District performs annual market value assessments for all taxable real property in the county.
Parcels are subject to Lubbock ISD, Lubbock County, and City of Lubbock tax jurisdictions, with potential for specific utility district assessments.
Property insurance premiums in the region are influenced by regional wind and hail risk profiles, with market health remaining stable.
Not determinable at the state level for this specific ZIP.
Texas operates as a non-judicial foreclosure state with established notice and cure periods for residential properties.
Texas law requires sellers to provide a written disclosure notice regarding the condition of the property to potential buyers.
Data retrieved from US Census Bureau ZCTA-level tables.
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 / Arcave4.53.7 mi
- Adventure Park4.13.8 mi
- MaxxAir Trampoline Park4.25.6 mi
- Chuck E. Cheese3.94.4 mi
- Water Rampage3.65.8 mi
- United Supermarkets Arena4.73.1 mi
- Galaxy Stadium4.73.4 mi
- Lubbock Memorial Civic Center4.73.2 mi
- Golden Corral Buffet & Grill43.5 mi
- Science Spectrum & OMNI Theater4.61.3 mi
- Cinemark Tinseltown Lubbock and XD4.51.9 mi
- Lubbock Premiere LUX 16 IMAX and Pizza Pub4.43.8 mi
- Main Event Lubbock4.25 mi
- Science Spectrum & OMNI Theater4.61.3 mi
- Blazing Bouncers / Arcave4.53.7 mi
- Science Spectrum & OMNI Theater4.61.3 mi
- Museum at Texas Tech University4.73.6 mi
- National Ranching Heritage Center4.83.6 mi
- Buddy Holly Center4.62.7 mi
- American Windmill Museum4.83.4 mi
- Buffalo Springs Lake48 mi
- Prairie Dog Town4.64.2 mi
- Mackenzie Main City Park4.53.9 mi
- Mae Simmons Park4.53.3 mi
- Maxey Park4.53 mi
- Meadowbrook Golf Club3.64.4 mi
- The Rawls Course4.64.4 mi
- Shadow Hills Golf Course4.26.1 mi
- Hillcrest Golf & Country Club4.56.8 mi
- Reese Golf Center3.810 mi
- South Plains Mall4.23.7 mi
- T.J. Maxx4.32.9 mi
- Marshalls & HomeGoods4.45.3 mi
- Burlington4.15.2 mi
- La Super Economica Meat Market4.34 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major community park featuring green space and recreational facilities.
Public gardens and walking trails located within the vicinity.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.