Lubbock, TX 79416 Housing Market
- Active listings30currently for sale
- Pending sales32under contract
- Median asking price$258,000current listings
- Inventory age1 daysmedian time the current active listings have been on the market
- Closings tracked directly (6 mo)364a tracked sample, not a market total
- Median sold price$229,000last 6 months
- Middle half of sold prices$194k to $274k25th to 75th percentile
What the numbers say
As of August 3, 2026, Resideline is tracking 30 active listings and 32 pending sales in ZIP code 79416. That pending-to-active ratio of 1.07 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $258,000, while the median of the 364 closings Resideline tracked directly over the last six months was $229,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 79416 has been on the market for 1 days.
Frequently asked questions
What is the median home price in 79416?
The median closed sale price in Lubbock, TX 79416 was $229,000 over the last six months, based on 364 closings Resideline tracked directly. Texas is a non-disclosure state, so this is a tracked sample rather than all recorded closings. The middle half of those sales ranged from $194,000 to $273,865.
Is 79416 a buyer's or seller's market?
Resideline is currently tracking 32 pending sales against 30 active listings in 79416, a pending-to-active ratio of 1.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 79416 currently looks like a seller's market.
Nearby ZIP code market data
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