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Lubbock Market Report

$333,283

AVERAGE PRICE OF 505 HOMES

$1,338,382

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$378,377

AVERAGE PRICE OF 171 NEWLY BUILT HOMES

$785,324

AVERAGE PRICE OF 25 HOMES WITH A POOL

$303,405

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $333,283
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $125,624
2 bedrooms $132,702
3 bedrooms $231,520
4 bedrooms $436,631
5 bedrooms $844,550
Lubbock Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 503 457 385 339 299
Average Price $344,681 $358,001 $363,723 $401,218 $371,128
Avg Price Change -3.86% -1.60% -10.31% +8.11% +8.71%
Median Price $288,928 $294,624 $311,590 $323,783 $316,752
Med Price Change -1.97% -5.76% -3.91% +2.22% +7.80%
Avg Bedrooms 3.42 beds 3.45 beds 3.51 beds 3.51 beds 3.5 beds
Avg Bathrooms 2.57 baths 2.64 baths 2.67 baths 2.72 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cooper 127 $480,797 68 days
Coronado 84 $370,950 42 days
Frenship 112 $382,773 57 days
Lubbock 56 $173,757 49 days
Monterey 89 $181,605 40 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 505 $333,283 52 days
Multi-Million Dollar Homes 17 $1,338,382 88 days
Newly Built Homes 171 $378,377 69 days
Homes with a Pool 25 $785,324 50 days
Reduced Price Homes 18 $303,405 32 days