Shallowater, TX
Full City Profile · Texas · Lubbock County County
3.3
/5.0
B
Good
2,935
Population
1,812/sq mi density
$79,848
Median Income
$33,984 per capita
$210,400
Home Value
$307,638 Zillow
$1,179
Median Rent
25.1% income on rent
61°F
Avg Temperature
206
Violent Crime/100K
240 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$79,848 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$210,400 home value, $1,179/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
B
Education
3.1 / 5.0
26.7% bachelor's degree or higher
Housing Overview
Median Home Value
$210,400
25% below
US avg: $281,900
Median Rent
$1,179/mo
1% above
US avg: $1,163/mo
Homeownership Rate
81.4%
24% above US avg (65.4%)
Total Housing Units
1,151
Median year built: 1986
Home Value by Source
Census Median
$210,400
Zillow (ZHVI)
$307,638
Redfin Median Sale
$284,450
Median Sale Price
$284,450
Median List Price
$227,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.4%
Owner-Occupied
18.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$1,179/mo
Market Indicators (Redfin)
Median Sale Price
$284,450
Median Days on Market
24 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$170
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
81.4%
Complete Housing Data
Home Values
| Census Median Value | $210,400 |
| Zillow Home Value (ZHVI) | $307,638 |
| Redfin Median Sale | $284,450 |
| Median Sale Price | $284,450 |
| Median List Price | $227,500 |
| Price Per Sq Ft | $170 |
Rent
| Census Median Rent | $1,179 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 24 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 11 |
| Price Per Sq Ft | $170 |
Ownership & Stock
| Owner-Occupied | 81.4% |
| Renter-Occupied | 18.6% |
| Homeownership Rate | 81.4% |
| Total Housing Units | 1,151 |
| Median Year Built | 1986 |
| Rent Burden | 25.1% |