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
City | Median Est. Value | City | Median 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 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $259.9K | $208.8K | -19.64% |
Median Sold Price | $215.5K | $208.8K | -3.08% |
Homes For Sale | 629 | 1,087 | 72.81% |
Homes Sold | 2,430 | 2,356 | -3.05% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lubbock County, TX
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsLubbock 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.
Compare Nearby Cities
More Real Estate Resources for Lubbock County, TX
Guide for Lubbock County, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
The Lubbock real estate market has experienced various significant changes, such as a decline in average property values and sold prices.
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.
The real estate market in Laredo, Texas, was going up and down last year with fluctuating property values, sale prices, and transaction volumes.