Frequently Asked Questions
Is Chatman Hill a good place to live?
Chatman Hill is a good place to live. Chatman Hill is considered car-dependent and somewhat bikeable with minimal transit options. Chatman Hill has 2 parks for recreational activities. It is sparse in population with 2.6 people per acre and a median age of 41. The average household income is $40,858 which is below the national average. College graduates make up 20.2% of residents. A majority of residents in Chatman Hill are renters, with 52.3% of residents renting and 47.7% of residents owning their home. A
local real estate agent serving Chatman Hill can help you decide if this neighborhood is the right one for you. Learn more on our
Chatman Hill neighborhood guide.
How much do you need to make to afford a house in Chatman Hill?
The median home price in Chatman Hill is $104,950. If you put a 20% down payment of $21,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $530 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $23K a year to afford the median home price in Chatman Hill. The average household income in Chatman Hill is $41K.
What are the best public schools in Chatman Hill?
The best public schools that serve Chatman Hill are:
- Estacado High School has a B- Niche grade, a student teacher ratio of 13:1 and an average review score of 4.0.
What are the most popular zip codes in Chatman Hill, Lubbock, TX?
What are the most popular neighborhoods near Chatman Hill, Lubbock, TX?
Home Trends in Chatman Hill, TX
On average, homes in Chatman Hill, Lubbock sell after 76 days on the market compared to the national average of 52 days. The median sale price for homes in Chatman Hill, Lubbock over the last 12 months is $60,000, down 42% from the median home sale price over the previous 12 months.
Median Sale Price
$60,000
Median Single Family Sale Price
$84,900
Average Price Per Sq Ft
$73
Number of Homes for Sale
3
Last 12 months Home Sales
7
Median List Price
$104,950
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-42%