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Lubbock housing market: home prices, trends and forecast

Lubbock home prices: the Zillow Home Value Index placed a typical home in Lubbock, Texas at $210,957 in September 2026. This was +2.2% above the year before and −1.4% under the $213,930 peak from July 2023.

Value of a typical home
$210,957
September 2026, Zillow ZHVI
Change over 12 months
Since September 2025, the change has been +2.2%.
Change over 10 years
+51.1%. Change measured since September 2016.
Multiple measured since 2000
Starting at $84,276, the multiple is ×2.5.
Time on the market
50
Realtor.com data for the Lubbock, TX metro.

Lubbock home prices since 2000

The chart shows Lubbock with a steel line and the United States with a grey line. The typical Lubbock home was worth $84,276 in January 2000 and $210,957 now, a ×2.50 increase. During that period, the US change was ×2.99.

$50k$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $84,276$366,157$210,957Sep 2026LubbockUnited States$50k$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $84k$366k$211kSep 2026
Measure: Zillow Home Value Index for a typical home, with smoothing and seasonal adjustment. Source: Zillow Research data.
January 2000 · $84,276

Lubbock median home price by year

Each yearly figure is the average of twelve monthly values. The figure for 2026 covers the latest month.

YearLubbockChange on the yearUnited States
2000$85,625$125,745
2001$90,629+5.8%$134,899
2002$93,140+2.8%$144,276
2003$96,842+4.0%$155,308
2004$99,352+2.6%$169,891
2005$103,999+4.7%$189,732
2007$122,670$208,449
2008$125,419+2.2%$195,574
2009$131,674+5.0%$177,542
2010$133,984+1.8%$171,462
2011$132,926−0.8%$162,508
2012$132,683−0.2%$161,137
2013$131,494−0.9%$171,420
2014$134,256+2.1%$182,996
2015$134,2910%$192,738
2016$136,385+1.6%$204,509
2017$150,583+10.4%$216,767
2018$160,634+6.7%$230,541
2019$155,122−3.4%$242,088
2020$161,311+4.0%$257,151
2021$180,538+11.9%$295,959
2022$206,105+14.2%$340,014
2023$212,516+3.1%$348,160
2024$211,224−0.6%$359,751
2025$207,243−1.9%$362,959
September 2026$210,957+2.2%$366,157

Current value of a Lubbock home bought in any year

This estimate uses an index for a typical home; it is not an appraisal.

The annual figure averages the twelve monthly index values. The current figure is from September 2026. For more choices, use the home appreciation calculator.

Thinking of a sale? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links like this one, but that never changes a number. Disclosure.

Lubbock housing market forecast

Zillow's Lubbock, TX metro forecast shows +0.5% over the 12 months beginning September 2026. It also projects +1.3% for the next three months. If Lubbock's typical value starts at $210,957, the forecast would put it near $212,000 one year on.

Zillow's central forecast for the metro is repeated here. The site does not publish its own forecast. Forecasts like this 12-month projection usually miss the change that happens by several percentage points, either up or down. This does not provide investment advice.

All metro forecasts appear in one table: housing market forecast.

Lubbock housing market crash risk score

Moderate: 39 of 100

Against 292 cities, the score ranks Lubbock using five conditions that were high before earlier price falls. Every input is scored from 0 to 100 relative to the other cities. Equal weights are then used to average the five scores. It describes present conditions but does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+68.3%9620%
Time on the market vs 2019+2.0%4520%
Price-to-rent ratio13.41420%
Price-to-income ratio3.41320%
12-month price change+2.2%2920%

This does not provide investment advice. Learn how each input is scored: scoring method. See all 292 cities ranked: city crash risks.

Lubbock homes for sale and days on market

In September 2026 the Lubbock, TX metro offered 1,695 homes for sale. That was −2.9% from a year earlier and +68.3% compared with the same month in 2019. The median time to sell a listed home was 50 days (+2.0% against 2019), while 20.3% of listings came down in price.

Lubbock, TX metro, September 2026ValueOn a year
Active listings1,695−2.9%
New listings454
Median days on market50−13.2%
Median list price$239,450−3.8%
Share with a price cut20.3%

Source: Realtor.com data, Realtor.com® Economic Research metro inventory. See days on market by city for every metro.

Lubbock cost of living

The Zillow Observed Rent Index puts Lubbock's typical asking rent at $1,315 a month, with a +1.7% change over a year. Paying that rent for 13.4 years covers the cost of a typical home. With a median household income of $62,360 (Census ACS 2024), the typical home equals 3.4 times one year's income. BEA gives the metro a price figure of 91.3, compared with 100 for the US. Its housing cost figure is 76.4.

For rent, prices, and the salary required to move there, see Lubbock living costs.

Other housing markets in Texas

See the whole state: Texas housing market.

How to read this chart

Each point represents the Zillow Home Value Index for Lubbock: a typical home's value within the market's middle third, adjusted for smoothing and seasonality, in that month's dollars. The hollow dot identifies the slider month, while the terracotta dot marks the latest one. These figures have no inflation adjustment. The index tracks the typical home rather than one specific house. For one home, use the home appreciation calculator or the card above, based on its sale price.