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T-RECS
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Trended Real Estate Comparison Scores (T-RECS) compare current real estate markets with their closest analogs in history, to project their most probable trajectories going forward.

Read more about our T-RECS model here
Where will
rank amongst housing markets for price growth?

Lubbock, TX
State
Texas
Region
South
2021 Population
326,546
Map location of Lubbock, TX
Market Details
Percentile
Housing Population99,436 homes
17th
Home Price$233,416
31st
Price Per sqft$134/sqft
19th
Lot Size0.18 acre(s)
25th
Home Size1,813 sqft
88th
2 Year Price Growth+17.36%
38th
Demographics
Percentile
Home Age
40 years
57th
Population Age
32 years
98th
Household Size2.44 people
41st
Economics
Percentile
Household Income$57,634
18th
2 Year Household Income Growth+5.56%
45th
Unemployment Rate
5.30%
59th
2 Year Unemployment Rate Difference
+2.50%
19th
ResiShares Market Factors
Percentile
Economic Growth Score
23rd
Population Growth Score
43rd
Price Growth Score
78th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

33 / 200 ( 84th %tile )
Top 5 Historical T-RECS Matched Markets

1.

Killeen-Temple, TX

Year: 2015

Similarity Score: 86

2.

Amarillo, TX

Year: 2015

Similarity Score: 86

3.

Bakersfield, CA

Year: 2016

Similarity Score: 84

4.

Little Rock-North Little Rock-Conway, AR

Year: 2019

Similarity Score: 84

5.

Oklahoma City, OK

Year: 2018

Similarity Score: 84

Market Details
Percentile
Housing Population99,436 homes
17th
Home Price$233,416
31st
Price Per sqft$134/sqft
19th
Lot Size0.18 acre(s)
25th
Home Size1,813 sqft
88th
2 Year Price Growth+17.36%
38th
Demographics
Percentile
Home Age
40 years
57th
Population Age
32 years
98th
Household Size2.44 people
41st
Economics
Percentile
Household Income$57,634
18th
2 Year Household Income Growth+5.56%
45th
Unemployment Rate
5.30%
59th
2 Year Unemployment Rate Difference
+2.50%
19th
ResiShares Market Factors
Percentile
Economic Growth Score
23rd
Population Growth Score
43rd
Price Growth Score
78th