Zip 79404 (Lubbock, TX) Housing

The housing in 79404 Lubbock, TX is more affordable compared to the US overall house median value. The median value of a house in this area is $91,200 which is much lower than the US median value of $338,100. The US housing appreciation rate of 8.27% over the past year is also lower than that of 79404 Lubbock, TX which has seen a 12.19% appreciation rate over the same period. This makes 79404 Lubbock, TX an attractive destination for those looking to buy a home at an affordable price and benefit from strong appreciation rates.

The median home cost in Lubbock (zip 79404) is $91,200. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Lubbock (zip 79404) is up 15.9%.

Average Age of Homes

- The median age of Lubbock (zip 79404) real estate is 49 years old

The Rental Market in Lubbock (zip 79404)

- Renters make up 29.7% of the Lubbock (zip 79404) population
- 2.9% of houses and apartments in Lubbock (zip 79404), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lubbock, Texas	United States
	4,206.0	139,647,020.0
	47	42
	$91,200	$338,100
	15.9%	16.6%
	48.3%	57.0%
	77.2%	101.1%
	$17.49	$10.98
	$758	$2,690
	52.1%	57.4%
	19.8%	11.2%
	28.1%	31.4%
Vacant Housing
	2.9%	1.9%
	0.3%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	3.9%	3.6%
	11.9%	4.1%
Value of Owner-Occupied Housing
	9.2%	2.6%
	16.6%	2.4%
	20.3%	2.8%
	13.7%	3.9%
	17.6%	4.5%
	9.2%	11.3%
	4.6%	13.0%
	5.2%	20.1%
	2.6%	13.6%
	0.9%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	11.0%	13.6%
	11.5%	13.2%
	17.2%	14.8%
	11.0%	13.6%
	20.9%	10.0%
	6.8%	4.7%
	2.9%	12.2%

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