Redfin<\/a>. But Lubbock Association of Realtors President Colby Norris said Lubbock doesn\u2019t see those kinds of trends often.<\/p>\n\u201cWe have a very stable evaluation growth, so we\u2019re going to see slow appreciation year-over-year, so you\u2019re kind of insulated from the spikes you see in other parts of the country,\u201d Norris said.<\/p>\n
In the month of May, there were 551 closed home sales, amounting to a 2.4 percent growth year-over-year. These homes spent 46 days on the market on average, which is slightly more than last year.<\/p>\n
With the median price of a home amounting to roughly $250,000, Lubbock can provide affordability for new families.<\/p>\n
\u201cHere they can have that opportunity in other areas they may not. That might keep them on the sideline or make it to where they would have to continue to rent or other options there where if you\u2019re a first-time home buyer, this kinda opens the door for you earlier in Lubbock given those more affordable prices,\u201d Norris said.<\/p>\n
Norris said those living in Lubbock and those looking to move into the city should be optimistic about the current housing market. With more negotiating opportunities and loans potentially being less in total than they would have been five years ago, now could be the time to take advantage of what Lubbock has to offer.<\/p>\n
\u201cAfter you do the research and go to the lenders, there\u2019s other programs out there that can open those doors, so it\u2019s really rewarding when you can take somebody who might have thought that they\u2019re not even in a position to where they can own a home and opening that door and handing those keys over really changes a family\u2019s life, and that\u2019s really exciting,\u201d Norris said.<\/p>\n
Copyright 2026 KCBD. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"LUBBOCK, Texas (KCBD) – Sellers across the country are pulling their homes off the market at the highest…\n","protected":false},"author":2,"featured_media":331198,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[168,170,169],"class_list":["post-331376","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lubbock","tag-lubbock","tag-lubbock-headlines","tag-lubbock-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/331376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=331376"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/331376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/331198"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=331376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=331376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=331376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}