Market Intelligence Report — TX-180

Lubbock, TX

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TX-09
As of the latest 2026 data
Cooling

Median Listing

$239K
-3.8% YoY

Pending Ratio

0.32
+2.5% YoY

Active Inventory

1,695
-2.9% YoY

Median DOM

50 Days
-13.2% YoY

Primary Intelligence Tool — Sold Score™

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The Lubbock, TX housing market is currently exhibiting cooling dynamics. The pending ratio stands at 0.32, indicating a slower absorption rate of available inventory. Median listing prices have seen a modest year-over-year decrease of 3.8%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.7%+0.0 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

368,431+1.0% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Lubbock market right now.

Inventory levels remain somewhat constrained, with active listings down 2.9% year-over-year, alongside a more significant 10.3% year-over-year reduction in new listings. Despite these supply-side contractions, demand, as indicated by the pending ratio of 0.32, suggests a market where properties are taking longer to go under contract. Median listing prices have adjusted downward by 3.8% over the past year, signaling a more conservative pricing environment.

Andrew Mazzolini
Andrew Mazzolini
Keller Williams Realty

“Local pricing and inventory dynamics across Lubbock shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$239K-0.2% MoM

Active Inventory

1,695-2.9% YoY

Days on Market

50-13.2% YoY

Sold Score™

57+2.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

57
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market pace reflects a diminished urgency from purchasers, leading to longer marketing periods, with median days on market at 50. Inventory pressure has eased due to a lower pending ratio, allowing for more deliberation in purchasing decisions. Price discipline is becoming increasingly important for sellers, as evidenced by 20.3% of listings experiencing price reductions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,695 active listings represent the current floor, with new supply arriving at roughly 454 per month.

Pricing Pressure
20.3%

of active listings carry a price reduction, +2.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.5% year-over-year.

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Lubbock, TX? Homes here are taking 8 days less to sell than last year.

Buyers have leverage in Lubbock, TX. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
32%
Median Days on Market
50 days
Inventory YoY
−3%

In a buyer's market, strategy beats timing. See how your home scores in Lubbock, TX and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Lubbock, TX.

Andrew Mazzolini →

Keller Williams Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Lubbock, TX
CBSA Code
31180
State
TX

ZIPs in Lubbock, TX

Sorted by active inventory · click a ZIP for its full report

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