Lubbock - TX housing market
The Lubbock metro has a typical home value of $213,766, up 1.7% from a year ago. Homes sell in 26 days on average - a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($213,766) is the Zillow Home Value Index for the Lubbock - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.7% over the past year. In Lubbock - TX, that means a home worth $210,193 last year is now worth roughly $213,766.
The median sale price , what homes actually close for , is $231,781. Homes are selling at 97.1% of list price, meaning buyers have room to negotiate.
Homes listed in Lubbock - TX sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.
About 24.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 512 new listings hit the market each month in Lubbock - TX. There are currently 1,789 homes for sale, up 0.9% from a year ago.
The typical monthly rent in Lubbock - TX is $1,420, up 1.8% year over year. For investors, the price-to-rent ratio here is roughly 13x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Protect what you own.
We take a referral cut when you complete a purchase - at no cost to you.
Sponsored links. See our affiliate disclosure.
Other metros in TX
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Dallas - TX | $366,823 | -3.3% | 24.0d |
| Houston - TX | $308,306 | -2.0% | 33.0d |
| San Antonio - TX | $280,297 | -1.9% | 38.0d |
| Austin - TX | $428,524 | -6.0% | 41.0d |
| McAllen - TX | $193,978 | +0.6% | 79.0d |
| El Paso - TX | $232,910 | +1.6% | 33.0d |