Longview, TX Housing Market Update – May 2025
Understanding the current market conditions is crucial whether you’re planning to buy, sell, or simply evaluating your real estate goals. Here’s a snapshot of the key trends shaping the Longview housing market this May 2025 and what they mean for both buyers and sellers.
Median Home Price: A Slight Decrease
The median sales price for homes in Longview last month was $256,250, which represents a 1.4% decrease compared to April 2024. While this drop isn’t significant, it could present an opportunity for buyers to negotiate. For sellers, it’s important to be strategic with pricing to remain competitive in the market.
Active Listings: More Homes to Choose From
The number of active listings in Longview has jumped by 36.4% year-over-year, with 307 homes currently on the market. This increase in inventory offers buyers more options, making it a great time to explore available homes. However, for sellers, the increased competition means your home needs to stand out with proper pricing and excellent presentation.
Days on Market: Faster Closings
Homes in Longview are closing 10 days faster than they were last year, with the average days on market now at 89. This quicker timeline is a win for both buyers and sellers, leading to smoother transactions with fewer delays. Whether you’re buying or selling, expect a more efficient process overall.
Price Distribution: The Sweet Spot
About 50% of homes sold in Longview last month were priced between $100,000 and $400,000. This price range continues to dominate the market, making it the most active and competitive segment. Whether you’re buying or selling in this range, it’s important to be prepared for quick action and potential competition.
Closed Sales: More Homes Are Selling
In total, 71 homes were closed in April 2025, which marks a 2.9% increase compared to the previous year. This increase in closed sales suggests a stable and active market, where buyers and sellers are continuing to move forward with transactions despite some of the market’s fluctuations.
Months of Inventory: A Shift Toward a Balanced Market
The months of inventory in Longview has risen to 5.0 months, up from 3.5 months in April 2024. This indicates a shift toward a more balanced market, where there’s more time for buyers to make decisions without the pressure of a fast-moving, low-inventory environment. For sellers, this means the market is stabilizing, offering more room for negotiations.
What This Means for You
- Sellers: With more homes on the market, it’s important to price your home competitively and ensure it’s staged well and marketed effectively. While homes are closing faster, increased inventory means you’ll need to stand out to attract buyers.
- Buyers: The rise in inventory gives you more options and more time to make decisions. With slightly lower prices and faster closings, now is a great time to enter the market and negotiate for the right home.
Navigating Longview’s Housing Market
Whether you’re buying or selling, the Longview housing market offers opportunities for both sides. At Austin Moore and Company Real Estate, we’re here to provide the expert guidance you need to make the best decision based on the latest market trends.
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.
