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Lubbock Mortgage Quotes And Real Estate


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Lubbock Mortgage and Real Estate Facts

Overview

People in Lubbock are spread across 77,500 individual places to live. Owners occupy 56% of the housing units in the city.

Lubbock Mortgage

About 64% of owner-occupied housing units in Lubbock have a mortgage of one type or another. Approximately 4% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Lubbock area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Lubbock Mortgage Statistics

CategoryValue
Homes With No Mortgage36%
With A Mortgage64%
First Mortgage Only60%
Second Mortgage or Home Equity Loan4%
Second Mortgage Only2%
Home Equity Loan Only3%

Lubbock Housing Expenses

CategoryValue
Owner Costs as % of Income16.8%
Median Real Estate Taxes (2000)$1,119

Lubbock Household Size

CategoryValue
Total Occupied77,500
1-Person Households28%
2-Person Households33%
3-Person Households17%
4-Person Households13%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Lubbock Housing Stock

CategoryValue
Median Year Built1972
Median Year Built (Owner Occupied)1970
Median Year Built (Renter Occupied)1973

Lubbock Home Heating

CategoryValue
Using Utility Co. Gas Heat78%
Using Bottled/Tank Gas Heat1%
Using Electric Heat21%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Lubbock Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom3%
2 Bedrooms18%
3 Bedrooms63%
4 Bedrooms14%
5+ Bedrooms1%

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