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Lubbock Market Report

$342,030

AVERAGE PRICE OF 787 HOMES

$1,329,694

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$404,455

AVERAGE PRICE OF 349 NEWLY BUILT HOMES

$933,750

AVERAGE PRICE OF 16 HOMES WITH A POOL

$287,263

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $342,030
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $236,000
2 bedrooms $134,671
3 bedrooms $272,371
4 bedrooms $453,484
5 bedrooms $459,708
Lubbock Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 784 833 828 792 738
Average Price $347,302 $350,194 $351,974 $357,582 $353,161
Avg Price Change -0.83% -0.51% -1.59% +1.25% +0.34%
Median Price $289,195 $292,828 $302,787 $311,182 $310,371
Med Price Change -1.26% -3.40% -2.77% +0.26% -1.27%
Avg Bedrooms 3.4 beds 3.42 beds 3.43 beds 3.42 beds 3.42 beds
Avg Bathrooms 2.45 baths 2.47 baths 2.49 baths 2.5 baths 2.47 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cooper 229 $497,869 65 days
Coronado 95 $291,009 44 days
Frenship 252 $336,137 77 days
Lubbock 56 $186,080 62 days
Monterey 104 $222,615 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 787 $342,030 63 days
Multi-Million Dollar Homes 17 $1,329,694 121 days
Newly Built Homes 349 $404,455 78 days
Homes with a Pool 16 $933,750 95 days
Reduced Price Homes 19 $287,263 38 days