75605
Longview, Texas
Longview 75605 needs watching.
The 75605 ZIP code in Longview, Texas has a median sale price of $307K, down -3.8% year-over-year. Homes spend an average of 84 days on market, with 2% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75605.
The 75605 ZIP code in Longview, TX shows a median sale price of $306,500 as of February 2026, down 3.8% year-over-year, marking a definitive shift from prior appreciation trends. Homes are averaging 84 days on market, well above the typical 30-45 day turnover seen in balanced conditions. With only 2% of properties selling above list price, buyer leverage has clearly returned to this market, eliminating the bidding war dynamics that characterized the previous cycle.
This environment heavily favors patient buyers willing to negotiate, particularly first-time purchasers and long-term holders who can absorb the 84-day marketing window. Sellers face material disadvantages given the negative price momentum and extended exposure times, suggesting only those with relocation needs or significant equity should list currently. Investors seeking cash flow over appreciation may find value, but the 3.8% decline indicates capital preservation risk that demands conservative underwriting.
The PropIQ intelligence score of 45/100 signals caution, reflecting deteriorating fundamentals that could accelerate without demand catalysts. The combination of declining prices, prolonged marketing periods, and minimal above-list sales suggests further softening through mid-2026 unless inventory contracts significantly. Monitor monthly absorption rates and employment data from the Longview MSA, as continued weakness in these metrics would validate expectations for an additional 2-4% price compression.
What is the median home price in 75605 Longview?
The median sale price in 75605 is $307K, down -3.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Longview 75605?
Homes in 75605 Longview spend an average of 84 days on market before going under contract.
Is Longview 75605 a good place to invest in real estate?
Folio's PropIQ™ score for 75605 is 45/100 — a Caution signal. 2% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 75605?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 45 = Caution in 75605 Longview, Texas.