
Parkway and Cherry Point, TX Housing Market
$87,938
10.0% 1-yrThe average Parkway and Cherry Point, TX home value is $87,938, up 10.0% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Parkway and Cherry Point Key Takeaways
Typical Home Values: $87,938
1-Year Value Change: +10%
(Data through August 31, 2026)
Parkway and Cherry Point Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Windmill$64,898
- Clayton Carter$87,314
- Chapel Hill$93,374
- Guadalupe$118,456
- Chatman Hill$96,050
- Dunbar-Manhattan Heights$74,581
- Slaton-Bean$74,723
- Jackson-Mahon$80,477
- North Overton$270,070
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Parkway and Cherry Point Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Parkway and Cherry Point For Rent Listings



Frequently Asked Questions
What are the most expensive neighborhoods in Lubbock, TX?
The neighborhoods with the highest median home values in Lubbock, TX include: Kings Park ($500,277), Regal Park ($357,470), North Overton ($270,070), Remington Park ($264,024), Raintree ($246,853).
What are the most affordable neighborhoods in Lubbock, TX?
The neighborhoods with the lowest median home values in Lubbock, TX include: Windmill ($64,898), Harwell ($70,893), Dunbar-Manhattan Heights ($74,581), Slaton-Bean ($74,723), Jackson-Mahon ($80,477).
Which Lubbock, TX neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Lubbock, TX include: Skyview (16.2%), Clayton Carter (15.8%), Guadalupe (12.2%), Harwell (10.0%), Parkway and Cherry Point (10.0%).