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Lubbock, TX Housing

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As of 2010-2014, median price of a house in Lubbock is $111,900, which is lower than the state average of $131,400 and is lower than the national average of $175,700. The Lubbock median house value has grown by 61.01% since 2000. The growth rate for the price of a house in Lubbock is about the same as the state average rate of 59.27% and is higher than the national average rate of 46.91%. The median year that a house in Lubbock was built is 1978, which is older than the median year for a house built in the state which is 1984 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 48,414 Owner Occupied Houses in Lubbock, TX, #473

Lubbock, TX	111,900 USD
Texas	131,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #549

Lubbock, TX	61.01%
Texas	59.27%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Lubbock, TX	Texas	U.S.
Total Housing Units	99,545, see rank, 100%	10,187,189	132,741,033
Occupied Housing Units	90,394, 90.81%, see rank	88.48%	87.55%
Owner Occupied	48,414, 48.64%, see rank	55.49%	56.34%
Renter Occupied	41,980, 42.17%, see rank	32.99%	31.21%
Vacant Housing Units	9,151, 9.19%, see rank	11.52%	12.45%
For Rent	3,420, 3.44%, see rank	3.13%	2.34%
For Sale Only	702, 0.71%, see rank	1.05%	1.20%
Rented or Sold, Not Occupied	1,212, 1.22%, see rank	0.97%	0.92%
For Seasonal, Recreational, or Occasional Use	755, 0.76%, see rank	2.37%	3.97%
For Migrant Workers	7, 0.01%, see rank	0.02%	0.03%
Other Vacant	3,055, 3.07%, see rank	3.97%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #800

Lubbock, TX	Texas	U.S.
1978	1984	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lubbock, TX	%	Texas	U.S.
Owner-Occupied Units	48,414	100%	5,652,542	74,787,460
With a Mortgage	29,193	60.30%, see rank	60.56%	65.58%
Without a Mortgage	19,221	39.70%, see rank	39.44%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lubbock, TX	1,217 USD
Texas	1,443 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lubbock, TX	%	Texas	U.S.
$299 or Less	0	0.00%, see rank	0.15%	0.20%
$300 to $499	553	1.89%, see rank	1.18%	1.59%
$500 to $699	1,767	6.05%, see rank	4.49%	5.01%
$700 to $999	6,087	20.85%, see rank	14.70%	14.32%
$1,000 to $1,499	12,157	41.64%, see rank	33.20%	27.90%
$1,500 to $1,999	4,770	16.34%, see rank	22.54%	20.35%
$2,000 to $2,999	2,808	9.62%, see rank	16.45%	19.52%
$3,000 or More	1,051	3.60%, see rank	7.30%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lubbock, TX	21.40% of the Total Income
Texas	22.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lubbock, TX	%	Texas	U.S.
10% or Less	1,854	6.35%, see rank	6.26%	5.86%
10% to 20%	11,366	38.93%, see rank	36.09%	31.95%
20% to 30%	8,419	28.84%, see rank	27.65%	27.64%
30% to 40%	2,970	10.17%, see rank	12.28%	13.74%
40% or More	4,447	15.23%, see rank	17.16%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lubbock, TX	463 USD
Texas	459 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lubbock, TX	%	Texas	U.S.
$199 or Less	1,135	5.90%, see rank	7.97%	7.76%
$200 to $299	2,401	12.49%, see rank	14.81%	14.70%
$300 to $499	7,425	38.63%, see rank	33.97%	34.63%
$500 to $699	4,616	24.02%, see rank	22.08%	21.16%
$700 or More	3,644	18.96%, see rank	21.17%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lubbock, TX	12.00% of the Total Income
Texas	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lubbock, TX	%	Texas	U.S.
10% or Less	7,917	41.19%, see rank	41.43%	40.19%
10% to 20%	6,460	33.61%, see rank	32.37%	31.47%
20% to 30%	2,283	11.88%, see rank	11.78%	12.24%
30% to 40%	947	4.93%, see rank	5.09%	5.64%
40% or More	1,517	7.89%, see rank	8.03%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lubbock, TX	Texas	U.S.
Total Housing Units	99,545, 100%	10,187,189	132,741,033
1-unit, Detached	65,103, 65.40%, see rank	65.34%	61.65%
1-unit, Attached	3,526, 3.54%, see rank	2.68%	5.82%
2 Units	4,469, 4.49%, see rank	1.94%	3.75%
3 or 4 Units	4,370, 4.39%, see rank	3.20%	4.43%
5 to 9 Units	3,893, 3.91%, see rank	4.85%	4.78%
10 or More Units	15,849, 15.92%, see rank	14.35%	13.08%
Mobile Home, Boat, RV, Van, etc.	2,335, 2.35%, see rank	7.63%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lubbock, TX	Texas	U.S.
Total Housing Units	99,545, 100%	10,187,189	132,741,033
1 Room	2,491, 2.50%, see rank	1.69%	1.95%
2 Rooms	3,259, 3.27%, see rank	2.86%	2.48%
3 Rooms	9,506, 9.55%, see rank	10.61%	9.13%
4 Rooms	19,058, 19.15%, see rank	16.68%	16.60%
5 Rooms	27,243, 27.37%, see rank	21.74%	20.41%
6 Rooms	17,430, 17.51%, see rank	18.39%	18.06%
7 Rooms	9,936, 9.98%, see rank	11.53%	12.27%
8 Rooms	5,929, 5.96%, see rank	7.50%	8.48%
9 Rooms or More	4,693, 4.71%, see rank	8.98%	10.60%
Median Rooms	5.10, see rank	5.30	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lubbock, TX	Texas	U.S.
Total Housing Units	99,545, 100%	10,187,189	132,741,033
No Bedroom	2,746, 2.76%, see rank	1.85%	2.17%
1 Bedroom	12,285, 12.34%, see rank	12.69%	11.16%
2 Bedrooms	24,459, 24.57%, see rank	23.33%	26.69%
3 Bedrooms	46,962, 47.18%, see rank	41.71%	39.70%
4 Bedrooms	11,896, 11.95%, see rank	17.12%	16.05%
5 or More Bedrooms	1,197, 1.20%, see rank	3.30%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lubbock, TX	Texas	U.S.
Total Housing Units	90,394, 100%	9,013,582	116,211,092
Utility Gas	46,975, 51.97%, see rank	37.22%	48.85%
Bottled, Tank, or LP Gas	946, 1.05%, see rank	3.42%	4.86%
Electricity	42,029, 46.50%, see rank	58.19%	36.68%
Fuel Oil, Kerosene, etc.	35, 0.04%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	202, 0.22%, see rank	0.43%	2.12%
Solar Energy	19, 0.02%, see rank	0.01%	0.05%
Other Fuel	5, 0.01%, see rank	0.16%	0.47%
No Fuel Used	183, 0.20%, see rank	0.44%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lubbock, TX	Texas	U.S.
Occupied Units Paying Rent	40,129, 100%	3,174,412	39,201,928
$199 or Less	297, 0.74%, see rank	1.28%	1.50%
$200 to $299	615, 1.53%, see rank	2.20%	3.18%
$300 to $499	2,851, 7.10%, see rank	6.35%	7.37%
$500 to $699	9,892, 24.65%, see rank	19.10%	16.01%
$700 to $999	13,953, 34.77%, see rank	35.25%	29.17%
$1,000 to $1,499	9,479, 23.62%, see rank	26.13%	26.88%
$1,500 to $1,999	2,141, 5.34%, see rank	6.97%	9.79%
$2,000 or More	901, 2.25%, see rank	2.73%	6.10%
Median	$816, see rank	$870	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lubbock, TX	Texas	U.S.
Occupied Housing Units	90,394, 100%	9,013,582	116,211,092
No Vehicles Available	5,061, 5.60%, see rank	5.88%	9.12%
1 Vehicles Available	34,760, 38.45%, see rank	34.31%	33.80%
2 Vehicles Available	36,191, 40.04%, see rank	40.44%	37.48%
3 or More Vehicles Available	14,382, 15.91%, see rank	19.37%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.