Longview Real Estate Market Update – Spring 2025

Understanding current market conditions is essential whether you’re planning to buy, sell, or simply evaluating your real estate goals for the year. At Austin Moore and Company Real Estate, we’re committed to providing clear, data-driven insights to help you make informed decisions. Here’s a detailed look at the latest trends shaping the Longview housing market this spring—and what they mean for both buyers and sellers.

Median Sales Price Shows Steady Growth

As of March 2025, the median sales price in Longview has increased by 6% year-over-year. While this growth is modest, it reflects a stable and resilient market. For homeowners, this means equity has continued to build, creating potential opportunities for those considering selling. For buyers, it’s a sign that the market is not experiencing sharp volatility, which can be reassuring when making such a significant investment.

Inventory on the Rise: More Options for Buyers

One of the most notable changes in the market is a 26% increase in active listings compared to the same time last year. This is a significant uptick in available inventory, offering buyers a wider range of options and reducing the competition we’ve seen in previous years. Whether you’re a first-time buyer or looking for your next home, the expanded selection makes it an excellent time to enter the market.

Increased Days on Market

The average number of days homes are spending on the market has increased by approximately 15 days. This shift suggests buyers are taking more time to evaluate their options, which is typical in a more balanced market. For sellers, this highlights the importance of strategic pricing and effective marketing to ensure your home stands out.

Closed Sales Dip

Closed sales have declined by 10%, but this doesn’t indicate a cooling market—it reflects a shift toward more deliberate decision-making. Months of inventory have increased from 3.5 to 4.6, offering more breathing room for buyers and less urgency to make hasty offers. This balanced environment benefits both sides of the transaction by promoting fair pricing and more transparent negotiations.

The Market’s Sweet Spot: $100K–$400K

The majority of market activity remains concentrated in the $100,000 to $400,000 price range. This is where we’re seeing the highest number of listings and closed sales, making it the most active and competitive segment. If you’re buying or selling in this range, it’s important to be prepared and well-informed, as this part of the market continues to move quickly despite overall longer timelines.

What This Means for You

• Sellers: While homes are staying on the market a bit longer, home values remain strong. Pricing your property competitively and ensuring it’s market-ready will be key to attracting qualified buyers and achieving a successful sale.
• Buyers: With increased inventory and more time to make decisions, now is a favorable time to enter the market. You have a better chance of finding a home that meets your needs without the pressure of bidding wars or rushed timelines.

Navigating any real estate market requires local knowledge and a clear understanding of current trends. Whether you’re considering a move or simply want to know your home’s value in today’s market, our team at Austin Moore and Company Real Estate is here to help.

Have questions or ready to get started?
Contact us today to discuss your goals—we’re your trusted real estate advisors in Longview and across East Texas.