Metropolitan market · Texas · June 2026 data

Lubbock Real Estate Market

As of June 2026, the median home listed in Lubbock, TX asks $250,000 — down 2.6% year over year. Homes sell in a median of 45 days, with 1,584 active listings and 16% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$250,000
▼ 2.6% YoY
Median $ / sq ft
$139
1,890 sq ft median
Median days on market
45
June 2026
Active listings
1,584
For sale now
New listings
590
June 2026
Listings with price cuts
16%
Share of active
Median sale price (closed)
$250,000
▲ 2.1% YoY · closed sales
Sale-to-list ratio
0.0%
Closed sales
Homes sold / month
511
Closed sales

Lubbock housing market statistics

The table summarizes Lubbock's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Lubbock, TX housing market at a glance — June 2026
MetricLatestDetail
Median listing price$250,000-2.6% YoY
Median price per sq ft$1391,890 sq ft median
Median days on market45-2% YoY
Active listings1,584-6% YoY
New listings this month590June 2026
Listings with a price cut16%Share of active
Median sale price (closed)$250,000+2.1% YoY
Gross rental yield5.5%2BR fair market rent

How have home prices changed in Lubbock?

Lubbock home prices are down 2.6% year over year and -1.2% month over month as of June 2026, at a $250,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$258K$253K$248K$244K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Lubbock TX · trailing 8 quarters · source: public records and industry data.

The 10-year view
$329K$305K$282K$258K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Lubbock TX · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Lubbock?

Lubbock has 1,584 active listings, 590 new this month, 724 pending as of June 2026. About 16% of active listings have cut their price, and inventory sits at 153% of its 2019 level — a balanced market by pace.

Active listings
1,584
New this month
590
Pending
724
Price-reduced
250

Is Lubbock a good real estate investment?

Lubbock scores 58/100 on WealthyBud's composite Investor Score, ranking #291 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
58/100
#291 of 932 covered metros
12-month outlook
-0.2%
Flat · model output, not advice
Price volatility
Low
σ 3.9% · 20-yr price-index swings
Momentum
57
Value
85
Rental yield
90
Supply risk
89
Market heat
43

Lubbock scores 58/100 on our composite Investor Score (#291 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 32% over five years and +59% over ten, leaving prices 22% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,155/mo for a two-bedroom, the gross rental yield on the median listing is about 5.5%; active inventory sits at 153% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Lubbock ranks on the trending markets index.

How much is a monthly mortgage payment in Lubbock?

A home at Lubbock's $250,000 median listing runs about $1,255 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,127/mo
−$128/mo vs today
At today's rate · 6.43%
$1,255/mo
National weekly average
If rates rise 1% · 7.43%
$1,389/mo
+$134/mo vs today

Principal & interest on the $250,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Lubbock housing market?

Longer-run demand in Lubbock shows up in 2,873 homes permitted in 2025; net migration of +558 residents; +0.5% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
2,873
▲ 28.8% vs 2024
8.1 per 1,000 residents
Net migration (2022–2023)
+558
▲ people, via tax-return records
net income flow +$13.2M/yr
Job growth (YoY)
+0.5%
▲ 177.1k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Drought

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Lubbock housing market FAQ

What is the median home price in Lubbock?
As of June 2026, the median listing price in Lubbock, TX is $250,000, down 2.6% year over year (source: public records and industry data). Figures cover the Lubbock, TX metro area.
How much does it cost to buy a home in Lubbock?
The median home listed in Lubbock asks $250,000 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,255 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Lubbock?
The median property in Lubbock spends 45 days on the market, with 1,584 homes actively listed and 16% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Lubbock?
With a median 45 days on market and 16% of active listings carrying a price cut, Lubbock reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Lubbock a good place to invest in real estate?
Lubbock scores 58/100 on WealthyBud's Investor Score, ranking #291 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Lubbock?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Lubbock and the wider Texas market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Lubbock, TX metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.