Zip 79412 (Lubbock, TX) Housing

The housing market in Lubbock, TX (79412) is on the rise. The median value of housing in this area is $122,200, compared to the US median house value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, while the house 1 year appreciation rate in Lubbock is 12.19%. This is an impressive increase and shows that investing in this area is a good option for potential buyers looking for an excellent return on their investment!

The median home cost in Lubbock (zip 79412) is $122,200. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Lubbock (zip 79412) is up 15.9%.

Average Age of Homes

- The median age of Lubbock (zip 79412) real estate is 53 years old

The Rental Market in Lubbock (zip 79412)

- Renters make up 44.4% of the Lubbock (zip 79412) population
- 5.6% of houses and apartments in Lubbock (zip 79412), 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
	6,389.0	139,647,020.0
	58	42
	$122,200	$338,100
	15.9%	16.6%
	48.3%	57.0%
	77.2%	101.1%
	$14.39	$10.98
	$1,242	$2,690
	44.9%	57.4%
	10.3%	11.2%
	44.8%	31.4%
Vacant Housing
	5.6%	1.9%
	0.7%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	6.2%	2.4%
	10.3%	2.8%
	25.2%	3.9%
	16.8%	4.5%
	26.2%	11.3%
	10.1%	13.0%
	3.5%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.0%	13.6%
	1.0%	13.6%
	3.4%	13.6%
	9.1%	13.2%
	9.0%	14.8%
	3.4%	13.6%
	30.1%	10.0%
	7.1%	4.7%
	1.6%	12.2%

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