$2,553 Closing Credit¹
#202555441, Ryan Braquet, Listing office: Century 21 Kearney & Associate
Preston Smith Housing Market Report May 2025•Lubbock County, Texas
Housing Prices in Preston Smith, TX
How much do homes in Preston Smith, TX cost?
Median List Price
$230,000$137/SqFt
-$5,000
-2.1%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Preston Smith has decreased by 2.1% since last year.
Summary: The median home list price in Preston Smith was $230,000 in May 2025, down 2.1% from the previous year, and the median price per square foot was $137.
Median List Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $234.2K | $194.5K | -17.0% |
| 33 Bedrooms | $230K | $229.5K | -0.2% |
| 44 Bedrooms | $264K | $315K | +19.3% |
| 55+ Bedrooms | - | - | N/A |
Summary: Preston Smith housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -17.0%. The home price for 3 bedroom homes decreased by -0.2%. The home price for 4 bedroom homes increased by +19.3%. The home price for 5 bedroom homes did not change.
How does Preston Smith, TX compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Preston Smith, TX
Housing supply in Preston Smith, TX
How many homes are available in Preston Smith, TX?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthMay 2025 | ||
| 132 months agoApr 2025 | -15.4 % Change MoMApr – May |
Summary: The Preston Smith real estate market had 11 homes for sale in May 2025, a 15.4 % decrease compared to Apr 2025.
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 0 | -100.0% |
| 33 Bedrooms | 11 | 10 | -9.1% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Preston Smith housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for Preston Smith, TX
How long does it take to sell a home in Preston Smith, TX?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Most homes in Preston Smith are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2025, 3 homes were sold in Preston Smith; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 53 DaysThis YearMay 2025 | ||
| 86 Days1 year agoMay 2024 | -38.9 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Preston Smith had an average listing age of 53 days in May 2025, down by 38.9% compared to the previous year.
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Newest Listings in Preston Smith, TX
What homes are available in Preston Smith, TX?
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MLS Disclaimers and Copyright
Based on information from Lubbock Multiple Listing Service, for the period 06/01/2023 - 06/01/2025
Copyright © 2025 Lubbock Association of REALTORS®. All rights reserved.
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/30/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/30/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.