Zip 79413 (Lubbock, TX) Housing

The housing market in Lubbock, TX (zip code 79413) is a great place to invest. The median value for a house here is $195,400, which is much lower than the US median house value of $338,100. However, over the past year the appreciation rate of 12.19% has been higher than the US average of 8.27%. This makes investing in real estate in Lubbock an attractive option due to its relatively low cost and high appreciation rate.

The median home cost in Lubbock (zip 79413) is $195,400. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Lubbock (zip 79413) is up 15.9%.

Average Age of Homes

- The median age of Lubbock (zip 79413) real estate is 53 years old

The Rental Market in Lubbock (zip 79413)

- Renters make up 37.7% of the Lubbock (zip 79413) population
- 3.4% of houses and apartments in Lubbock (zip 79413), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lubbock, Texas	United States
	9,485.0	139,647,020.0
	57	42
	$195,400	$338,100
	15.9%	16.6%
	48.3%	57.0%
	77.2%	101.1%
	$16.20	$10.98
	$2,646	$2,690
	53.0%	57.4%
	7.7%	11.2%
	39.3%	31.4%
Vacant Housing
	3.4%	1.9%
	0.4%	0.4%
	1.2%	0.7%
	0.8%	0.4%
	0.5%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.3%	2.4%
	3.1%	2.8%
	4.1%	3.9%
	8.1%	4.5%
	25.1%	11.3%
	27.9%	13.0%
	21.7%	20.1%
	5.9%	13.6%
	0.6%	8.3%
	1.7%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	4.2%	13.6%
	4.2%	13.6%
	4.0%	13.6%
	7.5%	13.2%
	15.3%	14.8%
	4.0%	13.6%
	34.2%	10.0%
	1.8%	4.7%
	2.3%	12.2%