TX · Metro #173

Longview - TX housing market

The Longview metro has a typical home value of $221,747, up 0.6% from a year ago. Homes are sitting 57 days on average, buyers have negotiating room. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$221,747
+0.6% vs. year ago
Median sale price
$256,788
+2.6% YoY
Median list price
$299,600
Sale-to-list ratio
95.6%
Selling below ask
Days on market
57d
Listings w/ price cut
24.4%
New listings / mo
297
-8.3% YoY
Homes for sale
1,482
+1.1% YoY
Typical rent
$1,214/mo
+0.5% YoY
Context

How to read this data

The typical home value ($221,747) 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 0.6% over the past year. In Longview - TX, that means a home worth $220,424 last year is now worth roughly $221,747.

The median sale price , what homes actually close for , is $256,788. 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 57 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 297 new listings hit the market each month in Longview - TX. There are currently 1,482 homes for sale, up 1.1% from a year ago.

The typical monthly rent in Longview - TX is $1,214, up 0.5% 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$366,701 -3.0% 25.0d
Houston - TX$308,933 -2.1% 33.0d
San Antonio - TX$280,370 -1.9% 37.0d
Austin - TX$426,944 -5.7% 45.0d
McAllen - TX$194,546 +0.4% 83.0d
El Paso - TX$233,297 +1.7% 30.0d
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