Lubbock County, TX Home Values & Market Trends

The median home price in Lubbock County, TX is $199,422.69. There were 5,522 home sales in Lubbock County, TX over the past 12 months. The median residential Lubbock County, TX home value for transactions over the previous year is $144,504.553. The number of current listings in Lubbock County, TX is 1,163, and the percentage of properties for sale is 1163.00%. The county has 100 foreclosures, 8 bank owned properties, 92 headed for auction, and 1,163 properties for sale.

Lubbock County, TX Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Lubbock

$ 227,434

$ 121/sqft

Ransom Canyon

$ 338,503

$ 138/sqft

Wolfforth

$ 270,152

$ 141/sqft

Idalou

$ 202,655

$ 63/sqft

Slaton

$ 100,942

$ 73/sqft

New Deal

$ --

$ --

Shallowater

$ 414,040

$ 157/sqft

Housing Market Summary for Lubbock County, TX

Apr 2023March 2024Change
Median Listing Price$259.9K$208.8K-19.64%
Median Sold Price$215.5K$208.8K-3.08%
Homes For Sale6291,08772.81%
Homes Sold2,4302,356-3.05%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lubbock County, TX

Lubbock County, TX home values range from $16,610 to $4,215,862. Ransom Canyon is the priciest city with a median listing home price of $389,000, and Slaton is most affordable with average house prices of around $100,000.

Foreclosure
There are 7 cities within Lubbock County, TX; within these cities, the median estimated home value for homes in foreclosure ranges from $373,068 in Lubbock to the lowest value of $27,813 in Lubbock. Foreclosure homes account for 0.00% of properties in Lubbock County, TX with Lubbock containing 91 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lubbock County, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Lubbock County, TX; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lubbock County, TX ranges from the highest value of $518,790 in Lubbock to the lowest value of $103,846 in Lubbock. Bank owned homes and properties account for 0.01% of properties in Lubbock County, TX. There are 7 cities within Lubbock County, TX; Lubbock containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Lubbock has 84 auction properties, the highest number of properties going to auction in a single city in the state of Lubbock County, TX. Auction homes and other auction properties account for 0.09% of all properties in Lubbock County, TX. There are 7 cities within Lubbock County, TX; of those cities, the median estimated home value for homes going to auction ranges from $623,628 in Wolfforth to the lowest value of $27,813 in Wolfforth.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.15% of residential properties in Lubbock County, TX with Lubbock containing 1074 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Lubbock County, TX; homes for sale in those cities, have a range of median values from $1,143,286 in Shallowater to the lowest value of $21,242 in Lubbock.
    Sold Homes
    The median value for recently sold homes ranges from $1,253,639 in Ransom Canyon to the lowest price of $19,318 in Ransom Canyon. There are 7 cities within Lubbock County, TX. Lubbock has 2358 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.61% of properties in Lubbock County, TX.

      Compare Nearby Cities

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      Guide for Lubbock County, TX

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      New York
      Lubbock Real Estate Sees 13% Dip in Property Values, Points to Buyer’s Market Trend
      New York
      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York
      Fluctuating Property Values and Sales Volumes Shape Laredo Real Estate Landscape in 2023
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      Lubbock Real Estate Sees 13% Dip in Property Values, Points to Buyer’s Market Trend
      New York|posted 29 February 2024

      The Lubbock real estate market has experienced various significant changes, such as a decline in average property values and sold prices.

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.

      Fluctuating Property Values and Sales Volumes Shape Laredo Real Estate Landscape in 2023
      New York|posted 26 March 2024

      The real estate market in Laredo, Texas, was going up and down last year with fluctuating property values, sale prices, and transaction volumes.