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Lubbock Market Report

$291,423

AVERAGE PRICE OF 544 HOMES

$1,412,145

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$306,524

AVERAGE PRICE OF 168 NEWLY BUILT HOMES

$718,934

AVERAGE PRICE OF 32 HOMES WITH A POOL

$211,358

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $291,423
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $60,000
2 bedrooms $148,602
3 bedrooms $224,116
4 bedrooms $373,812
5 bedrooms $835,447
Lubbock Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 633 612 619 657 664
Average Price $306,335 $321,874 $323,049 $343,233 $314,790
Avg Price Change -5.07% -0.37% -6.25% +9.04% +3.38%
Median Price $247,574 $261,445 $260,182 $251,903 $252,025
Med Price Change -5.60% +0.49% +3.29% -0.05% +1.55%
Avg Bedrooms 3.41 beds 3.46 beds 3.44 beds 3.45 beds 3.43 beds
Avg Bathrooms 2.58 baths 2.64 baths 2.67 baths 2.63 baths 2.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cooper 148 $448,303 81 days
Coronado 107 $249,611 54 days
Frenship 92 $327,832 57 days
Lubbock 51 $195,855 85 days
Monterey 115 $183,686 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 544 $291,423 68 days
Multi-Million Dollar Homes 12 $1,412,145 155 days
Newly Built Homes 168 $306,524 73 days
Homes with a Pool 32 $718,934 90 days
Reduced Price Homes 12 $211,358 65 days