Home prices
The median home in Lockney costs $66,800. It is roughly $7,340 (12%) higher compared to its surrounding areas.In comparison to the rest of the nation it is roughly $150,700 (69%) lower, and compared to the city of Lubbock is approximately $74,000 (52%) lower.
Rents
The median rent in Lockney is $704 a month. It is about $50 (7%) higher compared to nearby areas.It is approximately $358 (33%) lower compared to the rest of the country, and in comparison to the city of Lubbock it is about $251 (26%) lower.
Nearby places
Floydada
Floydada is approximately 11 miles southeast from Lockney. The real estate prices there are significantly less expensive. The median home value in Floydada is $44,500, which comes out to $22,300 (50%) lower than Lockney. Rent there is pretty similar. Floydada's median rent is $724 per month, which comes out to $20 (2%) higher than Lockney.
Seth Ward
Seth Ward is approximately 14 miles northwest of Lockney. Real estate prices there are significantly less expensive. The median home in Seth Ward is valued at $44,000, which is $22,800 (51%) lower than Lockney. Its rents are somewhat less expensive. Seth Ward's median monthly rent is $643, which is $61 (9%) lower than Lockney.
Plainview
Plainview is approximately 15 miles west of Lockney. Real estate prices there are a little more expensive. The median home in Plainview is valued at $84,400, which comes out to $17,600 (20%) higher than Lockney. Rents there are a bit less expensive. Plainview's median monthly rent is $645, which works out to $59 (9%) lower than Lockney.
Hale Center
Hale Center is about 20 miles west from Lockney. Its real estate prices are pretty similar. The median home cost in Hale Center is $69,200, which works out to $2,400 (3%) higher than Lockney. Rent there is a bit less expensive. In Hale Center the median monthly rent is $638, which comes out to $66 (10%) lower than Lockney.
Kress
Kress is about 23 miles northwest of Lockney. Its housing prices are a little less expensive. The median home in Kress costs $55,200, which is $11,600 (21%) lower than Lockney. Its rents are a little less expensive. Kress's median monthly rent is $620, which works out to $84 (13%) lower than Lockney.