Stubbs Stewart, Lubbock, TX—79414
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stubbs Stewart, Lubbock, TX
As of Oct '25, the median home price in Stubbs Stewart, Lubbock, TX is $152,000, with a year-over-year change of -1.8%. This indicates that home prices in Stubbs Stewart, Lubbock, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $152,000 | -1.8% |
| Single Family | $152,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $99,000 | -4.8% |
3 Bed | $156,000 | -1.3% |
4 Bed | $187,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Stubbs Stewart, Lubbock, TX
As of July '25, Rentcast reports the average rent in Stubbs Stewart, Lubbock, TX is $1,190, with a year-over-year rent change of -0.8%. Per bedroom, the median rent as of July '25 in Stubbs Stewart, Lubbock, TX is studios: $1,110, 1-bedrooms: $757, 2-bedrooms: $897, 3-bedrooms: $1,330, 4-bedrooms: $1,680. The most common rental property sizes in Stubbs Stewart, Lubbock, TX are 2-bedroom and 1-bedroom, accounting for 46.1% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,190 |
| Studio Rent | $1,110 | $1,110 |
| 1 Bed Rent | $725 | $757 |
| 2 Bed Rent | $850 | $897 |
| 3 Bed Rent | $1,350 | $1,330 |
| 4 Bed Rent | $1,700 | $1,680 |
% of Rental Stock
Property Listings — Stubbs Stewart, Lubbock, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Stubbs Stewart, Lubbock, TX is 62. This is a decrease of -8.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $162,000 | -1.0% |
Listing Count | 74 | -5.0% |
| Listings as % of Homes | 0.3% | -5.0% |
Days on Market | 62 | -8.0% |
Demographics — Stubbs Stewart, Lubbock, TX
As of the latest ACS Survey released in 2023, Stubbs Stewart, Lubbock, TX has a population of 17,500, which has decreased by -6.1% over the past 5 years. Stubbs Stewart, Lubbock, TX is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,500 | -6.1% |
% Under 18 | 18.5% | -23.2% |
% Seniors | 13.2% | 16.8% |
% WFH | 3.1% | 158.3% |
% w/ College Degree | 25.4% | -4.5% |
As of the latest ACS Survey released in 2023, Stubbs Stewart, Lubbock, TX is a predominantly white area, with 47.0% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Stubbs Stewart, Lubbock, TX is hispanic, making up 38.8% of the population. Foreign-born residents account for 3.5% of the population in Stubbs Stewart, Lubbock, TX, and this percentage has decreased by 32.7% 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 | 47.0% | -2.5% |
% Black | 8.9% | 23.6% |
% Hispanic | 38.8% | -3.5% |
% Asian | 1.3% | -27.8% |
% Foreign Born | 3.5% | -32.7% |
Mortgage and Risk — Stubbs Stewart, Lubbock, TX
According to HUD data as of 2023, there were 174 mortgage originations in Stubbs Stewart, Lubbock, TX, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Stubbs Stewart, Lubbock, TX. Investor activity is low, as 14.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 174 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 14.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Stubbs Stewart, Lubbock, TX
As of 2024, the percent of homes in Stubbs Stewart, Lubbock, TX under the Section 8 program is 7.5%. 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 Stubbs Stewart, 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 | 585 |
Total Units Section 8 | 520 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 90.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $275 | $725 | $1,000 |
| 2 Bedroom | $340 | $850 | $1,190 |
| 3 Bedroom | $310 | $1,350 | $1,660 |
| 4 Bedroom | $240 | $1,700 | $1,940 |
Affordability — Stubbs Stewart, Lubbock, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $152,000 |
| Median Household Income | $49,600 |