Lufkin, Texas Housing Market Prices
Lufkin Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 383% above the Texas median$1,250,000
-
Median rent 23% below the Texas median$1,074
Housing Market Overview
| Metric | Lufkin | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,250,000 | $258,873 | $248,835 |
| Price Trend (Annual %) | 162.3% | 9.2% | 7.5% |
| Median Gross Rent | $1,074 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lufkin is about 383% higher than in Texas. Rent is about 23% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2022
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lufkin, up about 162.3% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Lufkin rose about 32.3% between 2015 and 2024, from $811 to $1,074. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 21.9 yearly household incomes in Lufkin.
Buying the median-priced home in Lufkin costs roughly 97.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lufkin. The price-to-rent ratio in Texas is about 15.4.
| Metric | Lufkin | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,250,000 | $258,873 | $248,835 |
| Median Household Income | $57,199 | $78,939 | $80,455 |
| Price-to-Income Ratio | 21.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2022, the median home price in Lufkin rose about 468.3%, while median household income rose about 41.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lufkin | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.3% | 56.7% | 58.5% |
| Rental Rate | 42.7% | 33.9% | 31.2% |
| Vacancy Rate | 11.0% | 9.4% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Lufkin has a homeownership rate of 46.3%, lower than the Texas average of 56.7%. Its housing vacancy rate is 11.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Lufkin | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1978 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Lufkin was built around 1978. On average, 2.6 people live in a home with about 5.3 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Lufkin, Texas.
What is the median home price in Lufkin, Texas?
The median home price in Lufkin, Texas is $1,250,000, higher than the Texas average of $258,873.
What is the average home price in Lufkin, Texas?
The typical home price in Lufkin, Texas, reported as the median sale price, is $1,250,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lufkin, Texas?
The median gross rent in Lufkin, Texas is $1,074 per month, lower than the Texas average of $1,402.
What was the median gross rent in Lufkin in 2020?
In 2020, the median gross rent in Lufkin, Texas was $841 per month.
What is the price-to-rent ratio in Lufkin, Texas?
The price-to-rent ratio in Lufkin, Texas is about 97.0, meaning it would take roughly 97.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Lufkin.
Are home prices or rent rising faster in Lufkin, Texas?
Both home prices and rent are rising in Lufkin, up about 162.3% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lufkin, Texas?
46.3% of households in Lufkin, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Lufkin, Texas?
The housing vacancy rate in Lufkin, Texas is 11.0%, higher than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →