TX · Metro #173

Longview - TX housing market

The Longview metro has a typical home value of $220,865, up 0.5% from a year ago. Homes are sitting 54 days on average - buyers have negotiating room. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$220,865
+0.5% vs. year ago
Median sale price
$256,964
+1.7% YoY
Median list price
$297,933
Sale-to-list ratio
95.6%
Selling below ask
Days on market
54d
Listings w/ price cut
23.5%
New listings / mo
301
-4.1% YoY
Homes for sale
1,472
+5.4% YoY
Typical rent
$1,203/mo
+0.9% YoY
Context

How to read this data

The typical home value ($220,865) is the Zillow Home Value Index for the Longview - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.5% over the past year. In Longview - TX, that means a home worth $219,766 last year is now worth roughly $220,865.

The median sale price , what homes actually close for , is $256,964. Homes are selling at 95.6% of list price, meaning buyers have room to negotiate.

Homes listed in Longview - TX sit on the market for roughly 54 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 301 new listings hit the market each month in Longview - TX. There are currently 1,472 homes for sale, up 5.4% from a year ago.

The typical monthly rent in Longview - TX is $1,203, up 0.9% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Related

Other metros in TX

MetroHome value1-yr changeDays on market
Dallas - TX$366,823 -3.3% 24.0d
Houston - TX$308,306 -2.0% 33.0d
San Antonio - TX$280,297 -1.9% 38.0d
Austin - TX$428,524 -6.0% 41.0d
McAllen - TX$193,978 +0.6% 79.0d
El Paso - TX$232,910 +1.6% 33.0d
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