The median housing value in Lubbock, TX (79411) is $106,500, which is much lower than the US median of $338,100. Despite this lower price point, the one year appreciation rate for housing in Lubbock is actually higher at 12.19%, compared to the US figure of 8.27%. This suggests that housing in Lubbock may be a good investment opportunity for those looking for a relatively affordable option with good growth potential.
The median home cost in Lubbock (zip 79411) is $106,500. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Lubbock (zip 79411) is up 15.9%.
Average Age of Homes
- The median age of Lubbock (zip 79411) real estate is 60 years old
The Rental Market in Lubbock (zip 79411)
- Renters make up 57.0% of the Lubbock (zip 79411) population
- 4.2% of houses and apartments in Lubbock (zip 79411), 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.