The Multiple Listing Service of the Lubbock Association of REALTORS® includes residential properties and new homes listed by over 1,700 REALTORS®.

Lubbock Market Avoids Tricks in October

The market report for the Lubbock Metropolitan Statistical Area (MSA) was nearly all treats, according to the October 2025 Market Report published by the Lubbock Association of REALTORS®.

Key Highlights in October:

• Median Home Price Increases Year-Over-Year: The median home price was $235,000 in October, a 2.2% increase year-over-year.
• Closed Sales Up Again: Closed sales were up for the fourth straight month, with 404 homes sold, another substantial increase at 13.8% compared to October 2024.
• More Active Listings: Inventory improved for the tenth straight month, with 1,837 active listings, an increase of 6.6% year-over-year.
• Pending Listings Up: Pending properties, also called Under Contract listings, number 508, representing a 9.7% increase year-over-year, indicating strong future closings. 
• Months of Inventory Increases: Months of Inventory increased for the fifth straight month. At 4.3, this represents a 2.5% increase compared to October 2024.
• Days on Market Flat: Days on market was unchanged after showing increases in previous month, with homes being on the market for 51 days in October, unchanged from the previous year.
• Sale-to-List Price: The sale-to-list price was 94.8%, down slightly compared to 95.7% in October 2024.

The months of inventory metric reflects the balance between supply and demand, with higher values suggesting a shift towards a more buyer-friendly market. The Texas Real Estate Research Center at Texas A&M states that a 6.0 months of inventory is considered a balanced market.

Lubbock Market Showing Continued Strength
Even with the increase in inventory, sales overall have remained strong. Consult a Lubbock area REALTOR® for personalized guidance. Also talk with a local mortgage lender for personalized guidance before you begin your property search.