Zip 79415 (Lubbock, TX) Housing

The median housing value in Lubbock, TX 79415 is $104,100, which is significantly lower than the US median housing value of $338,100. Despite this, the area has seen a higher than average rate of appreciation over the last year with a 12.19% increase, compared to the 8.27% national average. This strong appreciation suggests that now could be a good time to invest in property in Lubbock as it appears to be on an upward trend.

The median home cost in Lubbock (zip 79415) is $104,100. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Lubbock (zip 79415) is up 15.9%.

Average Age of Homes

- The median age of Lubbock (zip 79415) real estate is 37 years old

The Rental Market in Lubbock (zip 79415)

- Renters make up 46.6% of the Lubbock (zip 79415) population
- 5.5% of houses and apartments in Lubbock (zip 79415), 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
	7,081.0	139,647,020.0
	38	42
	$104,100	$338,100
	15.9%	16.6%
	48.3%	57.0%
	77.2%	101.1%
	$17.49	$10.98
	$899	$2,690
	34.4%	57.4%
	11.2%	11.2%
	54.3%	31.4%
Vacant Housing
	5.5%	1.9%
	1.1%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	6.8%	2.6%
	9.5%	2.4%
	22.0%	2.8%
	17.9%	3.9%
	10.7%	4.5%
	7.0%	11.3%
	2.9%	13.0%
	15.9%	20.1%
	6.1%	13.6%
	0.5%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.9%	13.6%
	18.9%	13.6%
	15.0%	13.6%
	8.1%	13.2%
	13.7%	14.8%
	15.0%	13.6%
	11.3%	10.0%
	7.5%	4.7%
	2.9%	12.2%

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