Home prices
The cost of the median home in Loop is $61,000. This is about $25,620 (29%) lower compared to its nearby areas.It is about $156,500 (71%) lower compared to the US as a whole, and is roughly $79,800 (56%) lower in comparison to the city of Lubbock.
Rents
In Loop the median monthly rent is $430. It is about $285 (39%) lower in comparison to its surrounding areas.Compared to the country as a whole it is approximately $632 (59%) lower, and it is approximately $525 (54%) lower compared to the city of Lubbock.
Nearby places
Seagraves
Seagraves is approximately 8 miles west from Loop. Real estate prices there are a bit less expensive. The median home price in Seagraves is $50,100, which works out to $10,900 (21%) lower than Loop. The rent there is somewhat more expensive. In Seagraves the median rent is $629 a month, which is $199 (31%) higher than Loop.
Seminole
Seminole is about 18 miles southwest from Loop. Its real estate prices are a lot more expensive. Seminole's median home cost is $119,400, which works out to $58,400 (48%) higher than Loop. The rent there is substantially more expensive. In Seminole the median monthly rent is $769, which works out to $339 (44%) higher than Loop.
Brownfield
Brownfield is approximately 20 miles north of Loop. The real estate prices there are a little more expensive. The median home in Brownfield costs $75,000, which works out to $14,000 (18%) higher than Loop. The rent there is substantially more expensive. In Brownfield the median monthly rent is $699, which works out to $269 (38%) higher than Loop.
Denver City
Denver City is about 21 miles west from Loop. Its housing prices are substantially more expensive. The median home in Denver City costs $118,200, which comes out to $57,200 (48%) higher than Loop. Rent there is significantly more expensive. Denver City's median monthly rent is $829, which is $399 (48%) higher than Loop.
Lamesa
Lamesa is roughly 27 miles southeast of Loop. Real estate prices there are a little more expensive. Lamesa's median home value is $70,400, which is $9,400 (13%) higher than Loop. Rents there are significantly more expensive. The median monthly rent in Lamesa is $650, which comes out to $220 (33%) higher than Loop.
