Why Live in Parkway-Cherry Point
Parkway-Cherry Point in northeast Lubbock is a growing neighborhood with a mix of modest, affordable homes, many built in the last decade. The area is attracting developers due to its open land and opportunities. Homes are primarily single-story bungalows, with some available through affordable housing programs. The neighborhood is bordered by two major thoroughfares and Mackenzie Park, a 200-acre space featuring equestrian trails, a disc golf course, a dog park, and the Meadowbrook Canyon Creek Golf Club, which is set for a revamp. Prairie Dog Town, located within the park, offers a unique attraction with its sanctuary for black-tailed prairie dogs. The FiberMax Center for Discovery museum highlights Lubbock's agricultural heritage with interactive exhibits. While shopping options within the neighborhood are limited to a United Supermarkets and a few smaller plazas, residents can find more dining and shopping options nearby. Polibertos Taco Shop is a local favorite for Mexican cuisine. The TJ Patterson Branch Library serves the community, named after Lubbock's first black city council member. Students attend schools in the Lubbock Independent School District, with the highly rated Talkington School for Young Women Leaders located in the neighborhood. Parkway-Cherry Point is 3 miles east of downtown Lubbock, with convenient access to the Marsha Sharpe Freeway and Martin Luther King Jr. Drive. The University Medical Center is 6 miles away, Texas Tech University is 5 miles, and Lubbock Preston Smith International Airport is 4 miles north. The neighborhood has a low crime risk compared to the national average, making it a practical choice for families and first-time homebuyers.
Home Trends in Parkway-Cherry Point, TX
On average, homes in Parkway-Cherry Point, Lubbock sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Parkway-Cherry Point, Lubbock over the last 12 months is $554,000, up 31% from the median home sale price over the previous 12 months.
Median Sale Price
$554,000
Median Single Family Sale Price
$464,990
Median Townhouse Sale Price
$334,490
Median 2 Bedroom Sale Price
$535,000
Average Price Per Sq Ft
$459
Number of Homes for Sale
3
Last 12 months Home Sales
13
Median List Price
$504,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
31%