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Lubbock Real Estate Overview

Today, July 12, 2009

Market View for Lubbock

Info
Avg. Listing Price $204,134 Wk ending Jul 01
-$3,136
-1.5%
w-o-w
Median Sales Price $57,529 Apr '09 - Jun '09
-$40,061
-41.1%
y-o-y
2,145Homes For Sale 0Open Homes
104Recently Sold 42Foreclosures

Market Trends for Lubbock

Embed Info
Listing price – Lubbock
Average Listing Price
$204,134
-1.5%
w-o-w
Median Sales Price
$57,529
-41.1%
y-o-y
Average price/sqft
$36
-39%
y-o-y
Number of Sales
35
-83.8%
y-o-y
More Lubbock Market Trends
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Lubbock Summary

Average price per square foot for Lubbock TX was $36, a decrease of 39% compared to the same period last year. The median sales price for homes in Lubbock TX for Apr 09 to Jun 09 was $57,529 based on 35 home sales. Compared to the same period one year ago, the median home sales price decreased 41.1%, or $40,061, and the number of home sales decreased 83.8%.

There are currently 2,145 resale and new homes in Lubbock on Trulia, including 42 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Lubbock TX was $204,134 for the week ending Jul 01, which represents a decrease of 1.5%, or $3,136, compared to the prior week.

 

Schools in Lubbock

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Lubbock Independent School District
Public
PK - 12
60
30,520
Lubbock - Cooper Independent School District
Public
PK - 12
5
2,899
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Centennial Elementary School
Public
PK - 5
Murfee Elementary School
Public
PK - 5
Rise Academy
Public
PK - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Lubbock Schools
 

Community Info for Lubbock

Info
More Lubbock Community Info

Homes for Sale in Lubbock

4304 44th Street, Lubbock TX
4304 44th…
$110,000
3 br  2 ba
3618 93rd Street, Lubbock TX
3618 93rd…
$184,950
3 br  3 ba
6131 8th Drive, Lubbock TX
6131 8th Dr…
$115,000
3 br  2 ba
6517 89th Street, Lubbock TX
6517 89th…
$116,500
3 br  2 ba
4406 110th Street, Lubbock TX
4406 110th…
$214,000
3 br  2 ba
5201 90th Street, Lubbock TX
5201 90th…
$133,000
4 br  2 ba
View all Lubbock Homes for Sale
 
Stats & Trends
Lubbock

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

View more neighborhoods or ZIPs
  • Arnett Benson
  • Ballenger
  • Bayless Atkins
  • Bluesky
  • Bowie
  • Caprock
  • Carlisle
  • Chapel Hill
  • Chatmans Hill
  • Clapp Park
  • Claytoncarter
  • Coronado Area
  • Dunbar-Manhattan Heights
  • Guadalupe
  • Harwell
  • Heart of Lubbock
  • Jackson-Mahon
  • Kings Park
  • Maedgen Area
  • Maxey Park
  • North by Northwest
  • North Overton
  • Northridge
  • Parkway and Cherry Point
  • Preston Smith
  • Raintree
  • Regal Park
  • Remington Park
  • Skyview
  • Slaton-Bean
  • South Overton
  • Southgate
  • Stubbs-Stewart
  • Tech Terrace- U.N.I.T.
  • University Pines
  • Waters
  • West End
  • Wester
  • Wheelock and Monterey
  • Windmill
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  • 79401
  • 79402
  • 79403
  • 79404
  • 79405
  • 79406
  • 79407
  • 79408
  • 79409
  • 79410
  • 79411
  • 79412
  • 79413
  • 79414
  • 79415
  • 79416
  • 79423
  • 79424
  • 79430
  • 79452
  • 79453
  • 79457
  • 79464
  • 79490
  • 79491
  • 79493
  • 79499
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Nearby Cities

Cities
Median
sales price
Average
listing price
New Deal
$27,500
$57,150
Idalou
$28,000
$156,258
Wolfforth
$245,000
$222,781
Shallowater
$38,000
$145,580
Slaton
$15,435
$127,131
Ransom Canyon
$141,578
$331,498
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Advice & Opinions

Recent Q&A in Lubbock, TX

Q: i have a true lease purchase agreement where the buyer is obligated to payoff or finance the remaining 7 answers
Q: who usually pays the closing costs? 3 answers
Q: We are moving to Lubbock this next summer and will be buying our first home. We are looking at about 5 years 6 answers
Q: how do I find out which real estate agent in Lubbock has the sold the most properties in 2009? 2 answers
Q: price per square foot change from July 2008-2009 Be the first to answer

Got a real estate question? 

More Advice & Opinions:
  • Recent Q&A in Lubbock, TX
  • Recent blog posts in Lubbock, TX
  • Find a real estate professional Lubbock, TX

Nearby Cities Real Estate

  • New Deal Real Estate
  • Idalou Real Estate
  • Wolfforth Real Estate
  • Shallowater Real Estate
  • Slaton Real Estate
  • Ransom Canyon Real Estate

Nearby Cities Sold Homes

  • New Deal Sold Homes
  • Idalou Sold Homes
  • Wolfforth Sold Homes
  • Shallowater Sold Homes
  • Slaton Sold Homes
  • Ransom Canyon Sold Homes

Nearby Cities Home Prices

  • New Deal Home Prices
  • Idalou Home Prices
  • Wolfforth Home Prices
  • Shallowater Home Prices
  • Slaton Home Prices
  • Ransom Canyon Home Prices

Lubbock Stats & Trends

  • Lubbock Market Trends
  • Lubbock Schools
  • Lubbock Community Info
  • Lubbock Home Prices
  • Lubbock Real Estate
  • Lubbock Recently Sold Homes
Lubbock real estate—use Trulia to find real estate in Lubbock as well real estate in other cities in Texas. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Lubbock real estate trends, market activity, and neighborhood information. Before buying a house in Lubbock, research real estate on Trulia. Understanding the Lubbock real estate market is your first step to buying a home in Lubbock, Texas. Our real estate guide gives your a valuable overview of the Lubbock real estate market—find Lubbock properties, sales statistics, real estate price trends, real estate market activity, comparisons of Lubbock schools or Texas schools, and general demographic information for Lubbock, TX. Trulia's real estate guide combines a Lubbock map with a detailed list of Lubbock neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Lubbock.

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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