Is Longview, TX 75603 a buyer’s or seller’s market?
Longview is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Longview housing market right now
In the three months ending August 31, 2026, 0% of homes in Longview, TX 75603 sold above their list price, the typical home went under contract in 73 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (49 days then) and the median sale price rose 6% to $287,326. Overall, Longview is less competitive than a year ago, which gives buyers more room.
Within Gregg County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Longview 75604 (3% sold over asking) and Longview 75605 (3% sold over asking) are even more competitive.
Run the numbers for 75603
Nearby markets
Gladewater 75647Buyer’s market $134 /sq ftKilgore 75662Balanced $142 /sq ftLongview 75601Seller’s market $146 /sq ftLongview 75604Balanced $143 /sq ft Browse all markets →Towns like Longview nearby
Find towns like Longview in other states →Where Longview is
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Questions about Longview real estate
Is Longview a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Longview, TX 75603 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Longview?
The typical home went under contract in 73 days in the latest three months.
Do homes in Longview sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Longview?
About 1.16% of a home’s value a year in Gregg County, or roughly $4,640 on a $400,000 home.
What is the median home price in Longview?
The median sale price was $287,326 in the three months ending August 31, 2026, about $177 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology