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Area data

Lubbock, TX — ZIP 79407

Population: 24,000 (Census ACS)

Home values & appreciation

Median home value
$226,599
1-year appreciation
+1.7%
3-year appreciation
-1.4%
5-year appreciation
+14.0%
10-year appreciation
+58.9%
All-time peak (2023-07)
$229,701
House Price Index
440.1 (-0.8% YoY)

Market activity

Median sale price
$255,000
Median list price
$265,000
Median days on market
118 days
Active listings
167
1-year forecast
-0.3%
Days to pending
63 days
New listings (monthly)
46

Rents

Typical rent
$1,504/mo
1-year rent change
+2.0%
1BR fair-market rent
$1,035/mo
3BR fair-market rent
$1,640/mo

Affordability

Cost of living index (Average)
96.5 (100 = US avg)
Electricity rate (state-level)
15.5¢/kWh
Natural gas rate (state-level)
$19.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
2
Middle schools
0
High schools
1
Charter schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
drought, hail, strongWind, winterWeather, coldWave
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
62.0°F
Average high
75.0°F
Average low
49.0°F
Annual precipitation
20.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
25
Days with Good air quality
323
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
10.0 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Reese Airpark (REE) (3 mi)
Nearest major airport
Lubbock Preston Smith International Airport (LBB) (16 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
2.7 / 5
Solar radiation rating
Good (5.4 kWh/m²/day)

Migration

Net migration
-25 tax filers

Housing stock

Median year housing built
1,998
Median annual property tax
$2,935
Mean commute to work
17 min
Households with broadband internet
76.1%

Employment & development

Total county employment
118,063
Average weekly wage
$961
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,909

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents