Metropolitan market · Texas · June 2026 data

Lubbock Real Estate Market

The Lubbock, TX housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Lubbock report in a click.

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
Median listing price trend
$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.

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

As of June 2026, the median home listed in Lubbock, TX asks $250,000 — down 2.6% from a year ago. Homes are taking a median of 45 days to go under contract, and 16% of the 1,584 active listings have taken a price cut, which points to a balanced market. Figures cover the Lubbock, TX metro area. Based on public records and industry data, updated monthly.

Investment snapshot
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.

What mortgage rates do to the payment
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.

Growth, supply pipeline & risk
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 market FAQs

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 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.
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.
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.