Is Gladewater, TX 75647 a buyer’s or seller’s market?
Gladewater is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 18% of U.S. ZIP codes, and #433 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gladewater housing market right now
In the three months ending August 31, 2026, 0% of homes in Gladewater, TX 75647 sold above their list price, the typical home went under contract in 66 days and there were 6.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 39 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (59 days then) and the median sale price fell 26% to $199,164. Overall, Gladewater is about as competitive as it was a year ago.
Within Gregg County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Gladewater ranks #433 of 868 TX ZIP codes with enough sales (score 24 out of 100).
Nearby, Longview 75604 (3% sold over asking) and Longview 75605 (3% sold over asking) are even more competitive.
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Nearby markets
Kilgore 75662Balanced $142 /sq ftLongview 75601Seller’s market $146 /sq ftLongview 75603Balanced $177 /sq ftLongview 75604Balanced $143 /sq ft Browse all markets →Towns like Gladewater nearby
Find towns like Gladewater in other states →Where Gladewater is
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Questions about Gladewater real estate
Is Gladewater a buyer’s or seller’s market?
A buyer’s market: there were 6.7 months of supply in Gladewater, TX 75647 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 Gladewater?
The typical home went under contract in 66 days in the latest three months.
Do homes in Gladewater sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Gladewater?
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 Gladewater?
The median sale price was $199,164 in the three months ending August 31, 2026, about $134 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