Homes for Sale in Lubbock

The average home price in Lubbock is currently $352,431, with a median price of $249,000. Prices range widely from as low as $5,900 to luxury properties up to $8,000,000, offering options for various budgets. The average home size is 2,364 square feet, providing spacious living areas typical for the region.

There are currently 1,812 homes listed for sale in Lubbock, giving buyers a substantial selection across different price points and neighborhoods. This inventory supports a balanced market where buyers can explore options without extreme competition. Homes typically stay on the market for an average of 94 days, allowing time for thorough consideration.

The average days on market in Lubbock is 94 days, indicating a moderately paced market that gives buyers ample time to make decisions. This duration can vary by neighborhood and price range, but it generally favors buyers who are prepared to negotiate. Factors like home condition and location influence how quickly properties sell.

Popular neighborhoods in Lubbock include the historic Tech Terrace near Texas Tech University, family-friendly areas like Shallowater and Ransom Canyon, and growing suburbs such as South Overton. These areas offer a mix of home styles, from mid-century homes to newer constructions, catering to students, families, and professionals. Buyers should consider proximity to schools, amenities, and employment hubs when choosing.

Expect a buyer-friendly market with 1,812 listings and homes averaging 94 days on the market, allowing time for inspections and financing arrangements. Average prices hover around $352,431, but the median of $249,000 makes entry-level homes accessible. Work with a local real estate agent familiar with Lubbock's unique market dynamics, including wind patterns and proximity to Texas Tech, to navigate the process smoothly.