$3,551 Closing Credit*
$299,000
1,961 SqFt
3 Beds
•2 Full Baths
Cole Whisenhunt, Listing Office: Keller Williams Realty
Is Lubbock County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lubbock County was a Neutral Market.
Key Takeaway
Lubbock County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lubbock County, TX
How much do homes in Lubbock County, TX cost?
Median Sold Price
$285,000
$136/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$480,000(-62.7%)
Key Takeaway
Homes in Lubbock County have sold for 62.7% less than they did a month ago.
Summary: The median home sold price in Lubbock County was $285,000 in November 2024, down 62.7% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $285K | N/A |
| 4 Bedrooms | $765K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lubbock County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lubbock County, TX
How many homes are available in Lubbock County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,937 | 2,003 | +3.4% |
Summary: The Lubbock County real estate market had 2,003 homes for sale in November 2024, a 3.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 148 | 147 | -0.7% |
| 3 Bedrooms | 993 | 1,043 | +5.0% |
| 4 Bedrooms | 672 | 678 | +0.9% |
| 5+ Bedrooms | 115 | 127 | +10.4% |
Summary: The Lubbock County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 10.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 294 | 262 | -10.9% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lubbock County, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 262 homes were sold or pending in Lubbock County in November 2024, down by 10.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Lubbock County, TX
How long does it take to sell a home in Lubbock County, TX?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 56 Days | +1.8% |
Summary: Homes in Lubbock County had an average of 56 days on market in Nov 2024, up by 1.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lubbock County has remained consistent over time.
Summary: During November 2024, 262 homes were sold in Lubbock County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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