Housing in Lubbock, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$228,000

Median List Price

$249,950

Price Per Sq Ft

$137

Days on Market

94

Active Inventory

1,256

Months of Supply

5.5

Balanced market

Zillow Home Value

$205,531

ZHVI — January 2026

Zillow Rent Index

$1,360

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.0%List Price 4.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

16.2%

Sold Above Asking
0.0%
Under Contract in 2 Wks
16.2%
Listings with Price Drops
25.7%

Market Activity

Source: Redfin

Homes Sold

227

New Listings

352

Pending Sales

420

Homes Sold 27.5%New Listings 29.2%Pending 10.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$137

Median List $/SF

$136

Sale $/SF 1.4%List $/SF 0.0%Mar 24Jan 26

Lubbock vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 250,000 - 500,000 residents. Lubbock is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$197,900

Median Rent

$1,137

Total Housing Units

115,573

Vacancy Rate

8.9%

Owner Occupied

50.8%

Renter Occupied

49.2%

Median Property Tax

$3,216

per year

Monthly Cost (w/ Mortgage)

$1,270

Housing Types

Single Family
67.6%
Multi-Family
30.6%
Mobile Home
1.8%

The current median sale price in Lubbock, TX is $228,000 according to Redfin data. Homes spend a median of 94 days on the market. 0.0% of homes sold above asking price. The market has 5.5 months of supply. The median price per square foot is $137. Zillow's observed rent index is $1,360/month. About 50.8% of housing units are owner-occupied. The median year homes were built is 1983. There are 115,573 total housing units.