Zip 79414 (Lubbock, TX) Housing

Lubbock, TX (79414) has a housing median value of $152,500, which is significantly lower than the US house median value of $338,100. Nevertheless, it is still experiencing a healthy rate of appreciation compared to the national average. The US 1 year house appreciation rate is 8.27% while in Lubbock it is 12.19%. As such, those looking to invest in the housing market in this area can expect to see some degree of returns on their investment over the next year.

The median home cost in Lubbock (zip 79414) is $152,500. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Lubbock (zip 79414) is up 15.9%.

Average Age of Homes

- The median age of Lubbock (zip 79414) real estate is 43 years old

The Rental Market in Lubbock (zip 79414)

- Renters make up 56.7% of the Lubbock (zip 79414) population
- 2.7% of houses and apartments in Lubbock (zip 79414), 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
	9,106.0	139,647,020.0
	46	42
	$152,500	$338,100
	15.9%	16.6%
	48.3%	57.0%
	77.2%	101.1%
	$17.40	$10.98
	$2,077	$2,690
	33.7%	57.4%
	7.4%	11.2%
	59.0%	31.4%
Vacant Housing
	2.7%	1.9%
	1.1%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	0.0%	2.4%
	2.9%	2.8%
	17.1%	3.9%
	11.6%	4.5%
	41.9%	11.3%
	17.7%	13.0%
	3.0%	20.1%
	0.4%	13.6%
	0.6%	8.3%
	0.5%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.1%	13.6%
	3.1%	13.6%
	10.2%	13.6%
	13.8%	13.2%
	28.8%	14.8%
	10.2%	13.6%
	14.7%	10.0%
	1.5%	4.7%
	0.1%	12.2%

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