Is Lubbock a buyer's or seller's market right now?

Lubbock is currently a buyer's market with 5.5 months of supply. Homes are selling at 100% of list price, and 16.2% go pending within two weeks. The Ridley Sell Score for Lubbock is 32/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Lubbock?

The median home price in Lubbock is $228,000, down 5.8% year-over-year. The median price per square foot is $137. Homes sell in a median of 94 days with a sale-to-list ratio of 100%.

How much does it cost to sell a home in Lubbock, Texas?

On a $228,000 home in Lubbock, a traditional listing agent charges around $6,840 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $18,240 or more. With Ridley Essentials ($999) you save $5,841, and with Ridley Pro ($3,499) you save $3,341 while getting full agent support.

How does Ridley's flat fee compare to a traditional Lubbock agent?

A traditional Lubbock listing agent typically charges 3% of the sale price — about $6,840 on a $228,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $5,841–$3,341 compared to a traditional agent.

How long does it take to sell a home in Lubbock?

The median home in Lubbock currently spends 94 days on the market before going under contract. 16.2% of homes go pending within two weeks. At a 100% sale-to-list ratio, sellers are getting very close to or above asking price. Only 25.7% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Texas?

No. Texas does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $228,000 home, that could save you up to $3,341.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Texas. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $6,840 commission.

National/Texas

Lubbock, TX

Is Now a Good Time to Sell in Lubbock, Texas?

The median home in Lubbock sells for $228,000 with prices down 5.8% year-over-year. The average seller pays $6,840 in commissions — Ridley’s flat fee saves you $3,341.

Lubbock Real Estate Market Conditions — March 2026

32out of 100

Ridley Sell Score

How it's scored →

Cooling

32/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Lubbock market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors buyers

5.5 months of supply — above the 5-month balanced threshold, giving buyers more options. Texas average is 15.2.

Price MomentumFavors buyers

Prices down 5.8% year-over-year — vs. -1.8% statewide.

Seller LeverageFavors sellers

Homes selling at 100% of asking — sellers are getting 0% above list on average. Texas average is 96.3%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Texas average of 9.9%.

Sale SpeedFavors buyers

94 median days on market — 9 days slower than the Texas average.

Market UrgencyFavors buyers

16.2% of listings go pending within 2 weeks — vs. 18.3% statewide.

Price StabilityFavors buyers

25.7% of listings have dropped their price — accurate initial pricing is critical. Texas average is 24.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$228,000

-5.8%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$137

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

100%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

5.5

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Price Drops

Percentage of active listings that had a price reduction.

25.7%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

16.2%

Slower pace

12-Month Price Trend

$240,000 → $228,000

▼5.0%

$245K$240K$235K$230K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Lubbock — delivered monthly.

Your savings

How much can you save selling your home in Lubbock?

The average Lubbock homeowner saves $3,341 by selling with Ridley instead of paying the traditional 3% listing commission on a $228,000 home.

$0Estimated savings

That could furnish your new living room — save 1.5% of your home value

Your Lubbock home value

$228,000

$50,000$10M

Traditional Agent (3%)

$6,840

Ridley Pro (flat fee)

$3,499

Ready to sell in Lubbock?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Lubbock?

The total cost to sell a house in Lubbock in 2026 ranges from $999 with Ridley Essentials to approximately $6,840 with a traditional 3% commission on a $228,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$6,840	$3,499	$999	$0
Buyer agent	$6,3842.8% avg	$4,560~2% avg	$4,560~2% avg	$6,3842.8% avg
Closing costs (~1.5%)	$3,420	$3,420	$3,420	$3,420
Total cost	$16,644	$11,479	$8,979	$9,804
Net proceeds	$211,356	$216,521	$219,021	$218,196
You save	—	$3,341	$5,841	$6,840No support