The story of this market
The typical home in Lubbock, Texas sells for about $256,000, or $105 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 46 days to sell.
Monthly price momentum
Home values since 2015
+1.1%
TX · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Lubbock, Texas
Lubbock's housing market shows resilience with rising median prices and faster sales activity compared to last year. While residential construction starts have slowed due to higher borrowing costs, the market remains competitive with a strong pipeline of pending sales. The city's stable economic base, anchored by education and healthcare, continues to support demand.
9 verified foreclosure posting(s) on the ARED county ledger attributed to Lubbock across its counties. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Deterministic aggregate of 14 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.7% year over year.
Homes spend a median of 53 days on market with 3.7 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 97.21% of asking — demand is running ahead of supply.
9 foreclosure-ledger notices — 0.3 per 10,000 residents · unemployment 4.2% · poverty 17.8% — a stable, low-distress profile.
- Blazing Bouncers / Arcave4.56.6 mi
- Adventure Park4.13.8 mi
- MaxxAir Trampoline Park4.26.3 mi
- Chuck E. Cheese3.95.5 mi
- Water Rampage3.66.8 mi
- United Supermarkets Arena4.71.8 mi
- Galaxy Stadium4.71.1 mi
- Lubbock Memorial Civic Center4.70.4 mi
- Golden Corral Buffet & Grill45.1 mi
- Science Spectrum & OMNI Theater4.64.1 mi
- Cinemark Tinseltown Lubbock and XD4.54.7 mi
- Lubbock Premiere LUX 16 IMAX and Pizza Pub4.45.1 mi
- Main Event Lubbock4.25.7 mi
- Science Spectrum & OMNI Theater4.64.1 mi
- Blazing Bouncers / Arcave4.56.6 mi
- Science Spectrum & OMNI Theater4.64.1 mi
- Museum at Texas Tech University4.71.8 mi
- National Ranching Heritage Center4.81.7 mi
- Buddy Holly Center4.60.8 mi
- American Windmill Museum4.81.8 mi
- Buffalo Springs Lake48.3 mi
- Prairie Dog Town4.61.6 mi
- Mackenzie Main City Park4.51.2 mi
- Mae Simmons Park4.52 mi
- Maxey Park4.52.8 mi
- Meadowbrook Golf Club3.61.7 mi
- The Rawls Course4.62.5 mi
- Shadow Hills Golf Course4.25.2 mi
- Hillcrest Golf & Country Club4.54 mi
- Reese Golf Center3.89.9 mi
- South Plains Mall4.25.1 mi
- T.J. Maxx4.34.9 mi
- Marshalls & HomeGoods4.45.4 mi
- Burlington4.16 mi
- La Super Economica Meat Market4.31.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major public research university that serves as a primary economic and cultural anchor for the city.
A large municipal park offering extensive green space and recreational facilities for residents.
The primary regional shopping destination serving Lubbock and the surrounding South Plains area.
Lubbock is well-suited for families, students, and professionals seeking a stable, affordable cost of living in a regional economic hub with strong educational and healthcare anchors.
The Lubbock Independent School District serves the city, with various campuses providing a range of educational services across the community.
The city is connected by a network of highways including Loop 289, which facilitates regional transit and local commuting.
Lubbock offers a variety of recreational amenities including public parks like Mackenzie and Clapp Park, the Lubbock Memorial Arboretum, and various local golf courses.
The rental market in Lubbock maintains a significant presence with a renter-occupied share of approximately 37.4%, supported by the student population and regional workforce.
Lubbock's economy is driven by education, healthcare, and agriculture, with Texas Tech University serving as a major employer and economic engine.
Lubbock serves as a regional hub for education, healthcare, and agriculture, anchored by Texas Tech University and a growing medical sector.
Development activity includes ongoing infrastructure expansions and efforts to revitalize the downtown area.
Parcels in Lubbock are subject to various special districts, including the Lubbock Independent School District and local hospital and utility districts.
Lubbock faces typical West Texas climate risks, including wind and occasional severe weather events, which influence local insurance considerations.
Property insurance in the region is influenced by exposure to severe weather events, including wind and hail, which are common in the West Texas climate.
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).
Data retrieved from data.census.gov; figures represent city-level estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.