The story of this market
The typical home in ZIP 79364 sells for about $249,252, or $87 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,400 a month.
This ZIP has no home sales of its own, so its market figures come from Lubbock County, Texas (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 79364 — Olton
The housing market in 79364 remains stable, reflecting broader trends in the Lubbock County area. Prices have seen modest year-over-year growth, supported by steady demand from local buyers seeking affordability compared to the city center. Inventory levels are sufficient to meet current demand, keeping the market balanced.
This ZIP is ideal for families and commuters seeking a small-town atmosphere with affordable housing while maintaining easy access to the amenities and employment opportunities of Lubbock.
Median prices moved up 1.7% year over year.
Homes spend a median of 42 days on market with 8.1 months of supply — a balanced-paced market.
37% of listings have cut prices · homes sell at 98.1% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 14.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79364, Lubbock County TX
Crime rates in Slaton are generally consistent with regional averages for small West Texas towns, though property crime remains the primary concern for residents.
The area is served by Slaton Independent School District, which provides standard public education services typical of rural Lubbock County communities.
The region faces moderate risks from severe thunderstorms, high winds, and occasional hail, with standard insurance coverage recommended for property owners.
Economic momentum is tied to the broader Lubbock metro area, with local employment centered on agriculture, education, and regional services.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily commute via US-84, providing a direct 15-20 minute drive into the Lubbock employment core.
Local amenities include community parks and proximity to Lubbock's extensive shopping, dining, and entertainment districts.
The rental market is characterized by steady demand from local workers and families, with limited new multi-family construction.
The economy is anchored by the agricultural sector and proximity to the Lubbock MSA, which serves as a regional hub for healthcare and education.
Transportation is heavily reliant on private vehicles, with US-84 serving as the primary arterial corridor for regional connectivity.
Development is primarily focused on residential infill and small-scale commercial expansion along the US-84 corridor.
The Lubbock Central Appraisal District manages property assessments for all jurisdictions within the county.
Parcels are subject to Slaton ISD taxes and various county-level special districts for hospital and water management.
Property insurance premiums are influenced by regional exposure to wind and hail events common in the South Plains.
Data retrieved from US Census Bureau ZCTA-level tables.
- Blazing Bouncers / Arcave4.510.6 mi
- Adventure Park4.116.4 mi
- MaxxAir Trampoline Park4.217.9 mi
- Chuck E. Cheese3.916.7 mi
- Water Rampage3.618.1 mi
- United Supermarkets Arena4.715.2 mi
- Galaxy Stadium4.714.9 mi
- Lubbock Memorial Civic Center4.713.7 mi
- Golden Corral Buffet & Grill415.6 mi
- Science Spectrum & OMNI Theater4.613.1 mi
- Cinemark Tinseltown Lubbock and XD4.512.7 mi
- Blazing Bouncers / Arcave4.510.6 mi
- Buddy Holly Center4.613 mi
- Mae Simmons Park4.511.9 mi
- American Windmill Museum4.812.2 mi
- Science Spectrum & OMNI Theater4.613.1 mi
- Museum at Texas Tech University4.715.5 mi
- National Ranching Heritage Center4.815.4 mi
- Buddy Holly Center4.613 mi
- American Windmill Museum4.812.2 mi
- Buffalo Springs Lake45.9 mi
- Mae Simmons Park4.511.9 mi
- Earl Crow Park4.212.6 mi
- Jack & Mary Nell Strong Park4.412.1 mi
- Dunbar Historical Lake Park4.311.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community space for recreation and events.
A restored historic railroad hotel and museum.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Contamination repair: median price, price per sq ft reproduced Lubbock County's own figure to the dollar and were cleared — a parent aggregate is not this ZIP's reading.