TX · Metro #173

Longview - TX housing market

The Longview metro has a typical home value of $218,847, up 0.3% from a year ago. Homes are sitting 59 days on average - buyers have negotiating room. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$218,847
+0.3% vs. year ago
Median sale price
$254,605
+0.5% YoY
Median list price
$296,300
Sale-to-list ratio
95.4%
Selling below ask
Days on market
59d
Listings w/ price cut
22.8%
New listings / mo
293
+1.7% YoY
Homes for sale
1,435
+9.2% YoY
Typical rent
$1,217/mo
+3.2% YoY
Context

How to read this data

The typical home value ($218,847) 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 0.3% over the past year. In Longview - TX, that means a home worth $218,192 last year is now worth roughly $218,847.

The median sale price , what homes actually close for , is $254,605. Homes are selling at 95.4% of list price, meaning buyers have room to negotiate.

Homes listed in Longview - TX sit on the market for roughly 59 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 293 new listings hit the market each month in Longview - TX. There are currently 1,435 homes for sale, up 9.2% from a year ago.

The typical monthly rent in Longview - TX is $1,217, up 3.2% 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$366,743 -3.5% 28.0d
Houston - TX$308,211 -2.0% 38.0d
San Antonio - TX$280,170 -2.1% 48.0d
Austin - TX$430,490 -6.0% 49.0d
McAllen - TX$192,808 +0.5% 82.0d
El Paso - TX$231,422 +1.5% 35.0d
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