Housing Prices in Lubbock, TX

How much do homes in Lubbock, TX cost?

Median List Price

$244,306

$136/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

-$651(-0.3%)

Key Takeaway

The list price of homes in Lubbock has remained the same since last year.

Summary: The median home list price in Lubbock was $244,306 in December 2024, down 0.3% from the previous year, and the median price per square foot was $136.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $95K$89K
-6.3%
2 $134.3K$139.7K
+4.1%
3 $219.4K$219.4K
0.0%
4 $349K$350.1K
0.3%
5+ $370K$375K
+1.4%

Summary: Lubbock housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 4.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 1.4%.

Median List Price Compared To Nearby Cities

Wolfforth
+7.5%
Lubbock
-0.3%

Housing Supply in Lubbock, TX

How many homes are available in Lubbock, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1,6681,740+4.3%

Summary: The Lubbock real estate market had 1,740 homes for sale in December 2024, a 4.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 65
-16.7%
2 121113
-6.6%
3 888924
+4.1%
4 551591
+7.3%
5+ 102107
+4.9%

Summary: The Lubbock housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 4.9%.

Days on Market for Lubbock, TX

How long does it take to sell a home in Lubbock, TX?

Average Listing Age

Dec 2023Dec 2024CHANGE
119 Days91 Days-23.8%

Summary: Homes in Lubbock had an average listing age of 91 days in Dec 2024, down by 23.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Lubbock, TX

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