Lubbock - TX housing market

The typical home value ($213,274) 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 2.2% over the past year. In Lubbock - TX, that means a home worth $208,683 last year is now worth roughly $213,274.

The median sale price, what homes actually close for, is $236,604. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.

Homes listed in Lubbock - TX sit on the market for roughly 24 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 518 new listings hit the market each month in Lubbock - TX. There are currently 1,828 homes for sale, down 5.7% from a year ago.

The typical monthly rent in Lubbock - TX is $1,383, up 1.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 12.9x, buying territory (#182 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,096 a month in principal and interest, $287 less than renting before taxes, insurance and upkeep. The two break even at a 9.08% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →