Housing in 79424 Lubbock, TX is currently valued at $282,400, which is well below the US median of $338,100. In the past year, however, house appreciation has been strong in 79424 with a 12.19% increase compared to 8.27% nationwide. This indicates that Lubbock is a great place to invest in housing and enjoy steady growth in property values over time.
The median home cost in Lubbock (zip 79424) is $282,400. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Lubbock (zip 79424) is up 15.9%.
Average Age of Homes
- The median age of Lubbock (zip 79424) real estate is 24 years old
The Rental Market in Lubbock (zip 79424)
- Renters make up 25.3% of the Lubbock (zip 79424) population
- 3.3% of houses and apartments in Lubbock (zip 79424), 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.