Bayless Atkins, Lubbock, TX—79412
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bayless Atkins, Lubbock, TX
As of Oct '25, the median home price in Bayless Atkins, Lubbock, TX is $117,000, with a year-over-year change of -6.6%. This indicates that home prices in Bayless Atkins, Lubbock, TX are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $117,000 | -6.6% |
| Single Family | $117,000 | -6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $78,000 | -6.0% |
3 Bed | $127,000 | -5.2% |
4 Bed | $173,000 | -1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bayless Atkins, Lubbock, TX
As of July '25, Rentcast reports the average rent in Bayless Atkins, Lubbock, TX is $945, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Bayless Atkins, Lubbock, TX is studios: $899, 1-bedrooms: $681, 2-bedrooms: $830, 3-bedrooms: $1,180, 4-bedrooms: $1,520. The most common rental property sizes in Bayless Atkins, Lubbock, TX are 2-bedroom and 3-bedroom, accounting for 41.6% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $945 |
| Studio Rent | $899 | $899 |
| 1 Bed Rent | $675 | $681 |
| 2 Bed Rent | $800 | $830 |
| 3 Bed Rent | $1,150 | $1,180 |
| 4 Bed Rent | $1,500 | $1,520 |
% of Rental Stock
Property Listings — Bayless Atkins, Lubbock, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Bayless Atkins, Lubbock, TX is 64. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $146,000 | 4.0% |
Listing Count | 75 | 15.0% |
| Listings as % of Homes | 0.7% | 15.0% |
Days on Market | 64 | -12.0% |
Demographics — Bayless Atkins, Lubbock, TX
As of the latest ACS Survey released in 2023, Bayless Atkins, Lubbock, TX has a population of 15,300, which has decreased by -7.9% over the past 5 years. Bayless Atkins, Lubbock, TX is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | -7.9% |
% Under 18 | 29.1% | -3.6% |
% Seniors | 13.6% | 15.3% |
% WFH | 6.1% | 221.1% |
% w/ College Degree | 15.3% | 30.8% |
As of the latest ACS Survey released in 2023, Bayless Atkins, Lubbock, TX is a predominantly hispanic area, with 60.7% of the population identifying as hispanic. The hispanic population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Bayless Atkins, Lubbock, TX is white, making up 24.6% of the population. Foreign-born residents account for 4.6% of the population in Bayless Atkins, Lubbock, TX, and this percentage has decreased by 45.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 24.6% | -7.2% |
% Black | 11.2% | 14.3% |
% Hispanic | 60.7% | -3.8% |
% Asian | 1.0% | 11.1% |
% Foreign Born | 4.6% | -45.2% |
Mortgage and Risk — Bayless Atkins, Lubbock, TX
According to HUD data as of 2023, there were 151 mortgage originations in Bayless Atkins, Lubbock, TX, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Bayless Atkins, Lubbock, TX. Investor activity is low, as 14.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 151 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Bayless Atkins, Lubbock, TX
As of 2024, the percent of homes in Bayless Atkins, Lubbock, TX under the Section 8 program is 8.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bayless Atkins, Lubbock, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 315 |
Total Units Section 8 | 279 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 78.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $195 | $675 | $870 |
| 2 Bedroom | $230 | $800 | $1,030 |
| 3 Bedroom | $280 | $1,150 | $1,430 |
| 4 Bedroom | $180 | $1,500 | $1,680 |
Affordability — Bayless Atkins, Lubbock, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $117,000 |
| Median Household Income | $47,300 |