79423, Lubbock, TX

The home equity and home prices in the 79423 zip code of Lubbock, TX are very high. The median home value in this zip code is $151,000, which is more than double the national median home value of $76,500. Additionally, the percentage of homes in this zip code that are worth more than $200,000 is also high at 27%. This indicates that there are a lot of wealthy residents in this area.

One reason for the high home values in this zip code is likely because it is located near several major universities. Many people who live here likely have degrees from these schools and are able to command high salaries. Additionally, Lubbock is a growing city and has many new businesses moving into the area. These businesses may be able to afford higher-priced homes than would be available in other areas.

Despite the high home values, there may still be opportunities for buyers who are looking for affordable homes in this area. The percentage of homes that are worth less than $100,000 is low at just 2%. This means that there may still be some good deals available if you're looking for a house on a budget.