Lubbock Housing Market Cools Off: Is Now the Time to Buy?

Recent reports indicate that Lubbock's housing market is cooling down, with the median home prices dropping by 9.4% compared to last year. This decline is accompanied by an increase in the inventory of homes for sale, suggesting a shift toward a buyer's market. Homes are now staying on the market longer, averaging 66 days, which is a notable rise from previous months. Real estate experts suggest this might be an opportune moment for buyers to explore their options as more properties become available and competition among sellers intensifies​