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

2025 Ends on Strong Notes for the Lubbock Housing Market

While December is typically the slowest month for homes sales, the market report for the Lubbock Metropolitan Statistical Area (MSA) showed positive numbers in nearly all categories in December 2025, according to the Market Report published by the Lubbock Association of REALTORS®.

Key Highlights in December:

• Median Home Price Up Again: The median home price was $235,000 in December, representing a 5.4% increase year-over-year.
• Closed Sales Up Substantially: Closed sales were up for the sixth straight month, with 476 homes sold. This is up 14.4%, a substantial increase compared to December 2024.
• Active Listings Up: Inventory improved for the twelfth consecutive month, with 1,607 active listings, another substantial increase year-over-year at 15.3%.
• Pending Listings Down: One of the negative markers was Pending properties, also called Under Contract listings. There were 370 Pending listings in December 2025, a 4.2% decrease year-over-year.
• Months of Inventory Increases: Months of Inventory increased for the seventh straight month. At 3.7, this is a 11.6% increase compared to December 2024.
• Days on Market Up Slightly: Days on market was up 2.0% compared to December 2024, with homes being on the market for 52 days.
• Sale-to-List Price: The sale-to-list price was 94.4%, up slightly from 93.7% in December 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
The 2025 housing market ended strong. Buyers are taking advantage of increases in inventory and increased consumer confidence. Buyers may also be understanding that the right home is more important than the right interest rate. Consult a Lubbock area REALTOR® for personalized guidance as each neighborhood is unique. Also talk with a local mortgage lender for personalized guidance before you begin your property search.