3-digit ZIP regional index
Home appreciation in ZIP codes 794xxLubbock, TX area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 794 changed +1.4% over the year to Q2 2026, compared with +1.6% for Texas and +3.0% for the United States.
The region covers ZIP codes 79401–79424. Most of its 2010 population lived in Lubbock County (100%). Communities in the region include Buffalo Springs, New Deal. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +1.4%
- 5-year change
- +26.9%
- Since Q1 1995
- +191%
- National rank (1 year)
- 725th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 794 vs Texas and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 794: 290.8
- Texas: 409.6
- Lubbock, TX metro: 296.3
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 794 | TX | U.S. | Gap vs TX | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.4% | +1.6% | +3.0% | −0.1 pts | −1.6 pts |
| 3 years | +4.9% | +6.2% | +12.9% | −1.3 pts | −8.0 pts |
| 5 years | +26.9% | +34.4% | +41.3% | −7.4 pts | −14.4 pts |
| 10 years | +61.6% | +87.1% | +93.3% | −25.5 pts | −31.7 pts |
| Since Q1 1995 | +191% | +310% | +292% | −118.8 pts | −100.7 pts |
If you bought in ZIP3 794 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +190% | $869,794 |
| Q2 2000 | +156% | $767,969 |
| Q2 2005 | +105% | $615,817 |
| Q2 2010 | +87.5% | $562,353 |
| Q2 2015 | +66.3% | $498,794 |
| Q2 2020 | +41.0% | $422,882 |
| Q2 2021 | +26.9% | $380,800 |
| Q2 2023 | +4.9% | $314,706 |
| Q2 2025 | +1.4% | $304,332 |
How ZIP3 794 ranks
Over the past year ZIP3 794 ranks 725th of 882 3-digit ZIP regions nationally and 33rd of 47 in Texas. Its one-year change is −1.6 pts versus the nation and −0.1 pts versus Texas. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Texas |
|---|---|---|
| 1 year | 725th of 882 | 33rd of 47 |
| 3 years | 828th of 882 | 35th of 47 |
| 5 years | 819th of 882 | 42nd of 47 |
| 10 years | 808th of 882 | 44th of 47 |
| Since Q1 1995 | 808th of 879 | 47th of 47 |
Boom, bust, and recovery in ZIP3 794
ZIP3 794's index peaked in Q3 2009, fell 1.7% to its low in Q1 2010, and regained its peak in Q3 2010, about 1 years after the top. Today it sits +86.2% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 794 | Q3 2009 | Q1 2010 | -1.7% | Q3 2010 (1 yrs) | +86.2% |
| TX | Q1 2009 | Q2 2011 | -4.2% | Q2 2013 (4.2 yrs) | +134% |
| Metro | Q1 2009 | Q1 2010 | -1.6% | Q3 2010 (1.5 yrs) | +89.1% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 794's index has changed +31.4% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 794 after inflation | TX after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -2.3% | -2.2% | -1.5% | -0.8% |
| 3 years | +9.8% | -4.5% | -3.3% | -3.2% | +2.8% |
| 5 years | +24.0% | +2.3% | +8.3% | +3.4% | +13.9% |
| 10 years | +39.1% | +16.2% | +34.5% | +17.1% | +39.0% |
| Since Q1 1995 | +121% | +31.4% | +85.0% | +33.8% | +76.8% |
Estimate appreciation for a home in ZIP3 794
Regional estimate
$484,771
- Estimated gain
- $184,771
- Index change
- +61.59%
- Start index
- 179.98
- End index
- 290.83
ZIP3 794 (Lubbock, TX area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 793 · Levelland, TX area | TX | +2.3% | +28.2% | +196% |
| 792 · Childress, TX area | TX | +2.9% | +43.8% | +323% |
| 881 · Clovis, NM area | NM | +1.3% | +36.8% | +236% |
| 791 · Amarillo, TX area | TX | +1.7% | +32.4% | +201% |
| 795 · Snyder, TX area | TX | +8.9% | +46.3% | +282% |
| 790 · Plainview, TX area | TX | +4.8% | +41.0% | +243% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 290.83 |
| Q1 2026 | 286.63 |
| Q4 2025 | 287.96 |
| Q3 2025 | 286.52 |
| Q2 2025 | 286.69 |
| Q1 2025 | 279.10 |
| Q4 2024 | 279.83 |
| Q3 2024 | 281.19 |
| Q2 2024 | 283.38 |
| Q1 2024 | 275.37 |
| Q4 2023 | 278.14 |
| Q3 2023 | 276.09 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 794?
- Based on FHFA HPI® data for 3-digit ZIP region 794, the regional index changed +1.4% over the year to Q2 2026, +26.9% over five years, +61.6% over ten years, and +191% since Q1 1995.
- Is ZIP3 794 appreciating faster than Texas and the U.S.?
- Over the past year the region's index +1.4% compares with +1.6% for Texas and +3.0% for the U.S., a gap of −1.6 pts versus the nation. Over five years the gap versus the nation is −14.4 pts.
- Which ZIP codes are in 3-digit ZIP region 794?
- All ZIP codes that begin with 794. Census 2010 ZIP Code Tabulation Areas in this region run from 79401 to 79424 (14 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.