Lubbock County, Texas Housing Market
In Lubbock County, Texas, the median home value is $214,100, with a median monthly rent of $1,178. This places Lubbock County at #1258 nationally out of 3134 counties by median home value, and #69 within Texas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,030
- Establishments: 8,120
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,035
- Multi-family: 823
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 116,636 (avg $81,666)
- Outflow: 112,024 (avg $81,991)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 9 active ZIP codes in Lubbock County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 79412 | 244.3 | -5.09% | 2025 |
| 2 | 79329 | 312.0 | +0.36% | 2025 |
| 3 | 79413 | 262.1 | +2.83% | 2025 |
| 4 | 79410 | 288.1 | +2.71% | 2025 |
| 5 | 79414 | 258.3 | -2.31% | 2025 |
| 6 | 79416 | 235.8 | +0.39% | 2025 |
| 7 | 79423 | 228.1 | +1.19% | 2025 |
| 8 | 79424 | 217.0 | +0.71% | 2025 |
| 9 | 79366 | 126.2 | — | 2013 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Lubbock County Compares
| Metric | Lubbock County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $214,100 | $186,278 | $227,706 |
| Median Gross Rent | $1,178 | $997 | $968 |
| Owner Occupancy Rate | 55.5% | 73.2% | 73.3% |
| Price/Rent Ratio | 15.1 | 15.2 | 18.7 |
Market Analysis
The median home value in Lubbock County is 14.9% above the Texas state average and 6.0% below the U.S. national average. The median rent of $1,178/month is 18.2% above the state average.
With a price-to-rent ratio of 15.1, the buy-vs-rent decision in Lubbock County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Lubbock County has an owner-occupancy rate of 55.5%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Penobscot County | Maine | $214,100 | $1,041 |
| Lake County | Ohio | $214,100 | $1,113 |
| Washington County | Virginia | $214,000 | $854 |
| Linn County | Iowa | $214,300 | $945 |
| Person County | North Carolina | $213,900 | $864 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wood County | $216,500 | $862 | 80.1% |
| Henderson County | $211,300 | $1,048 | 77.8% |
| Victoria County | $209,900 | $1,157 | 65.3% |
| Colorado County | $209,800 | $926 | 79.5% |
| San Jacinto County | $209,300 | $1,060 | 84.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).