Lubbock Market Report

$321,237

AVERAGE PRICE OF 660 HOMES

$1,419,228

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$332,805

AVERAGE PRICE OF 176 NEWLY BUILT HOMES

$697,363

AVERAGE PRICE OF 35 HOMES WITH A POOL

$314,581

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $321,237
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

2 bedrooms $146,112
3 bedrooms $247,004
4 bedrooms $396,885
5 bedrooms $684,012
Lubbock Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 657 664 725 791 773
Average Price $343,233 $314,790 $304,490 $300,591 $288,715
Avg Price Change +9.04% +3.38% +1.30% +4.11% +3.39%
Median Price $251,903 $252,025 $248,176 $242,005 $237,734
Med Price Change -0.05% +1.55% +2.55% +1.80% +1.95%
Avg Bedrooms 3.45 beds 3.43 beds 3.44 beds 3.4 beds 3.38 beds
Avg Bathrooms 2.63 baths 2.63 baths 2.61 baths 2.57 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cooper 238 $439,491 61 days
Coronado 116 $249,602 49 days
Frenship 118 $339,726 41 days
Lubbock 48 $201,668 66 days
Monterey 110 $220,905 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 660 $321,237 56 days
Multi-Million Dollar Homes 12 $1,419,228 88 days
Newly Built Homes 176 $332,805 63 days
Homes with a Pool 35 $697,363 52 days
Reduced Price Homes 35 $314,581 48 days