79424 — Lubbock County, Texas Market Snapshot
Housing market data for zip code 79424 in Lubbock County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
289 sales in 2026 (year to date)
Median Sale Price
$340,250
Days to Sell
48
Homes Sold
289
Inventory
275
Sale-to-List
0.0%
New Listings
363
Price/SqFt
$149
Pending Sales
347
Conforming Loan Available
Most homebuyers in 79424 can comfortably use conventional financing. The median home price of $340,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
79424's market is balanced with homes taking an average of 48 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 79424 sells for 100.0% below asking price (0.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 79424 can comfortably use conventional financing. The median home price of $340,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 79424 are set at the county level.
2026 Loan Limits — Lubbock County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 79424
To purchase the median home at $340,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,757.
Monthly Payment
$2,757
Income Required
$118,152
Principal & Interest
$2,097/mo
Down Payment (5%)
$17,013
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 79424.
Estimated Monthly Payment
$2,256
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