75640
Longview, Texas
Longview 75640 needs watching.
The 75640 ZIP code in Longview, Texas has a median sale price of $352K, up +3.7% year-over-year. Homes spend an average of 159 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75640.
The 75640 ZIP code market shows moderate appreciation with a median sale price of $352,450, up 3.7% year-over-year as of February 2026. However, inventory is moving slowly at 158.5 days on market, well above the typical 30-60 day range seen in balanced conditions. The absence of any homes selling above list price signals weak buyer urgency, indicating sellers hold minimal pricing power despite the modest annual gains recorded.
This environment favors patient buyers with negotiating leverage. The extended days-on-market figure and zero above-ask sales create conditions for below-list offers and seller concessions on inspection items or closing costs. Cash investors seeking single-family rentals may find willing sellers after five months of market exposure, while aggressive pricing remains necessary for sellers who need quick exits in this 158-day average environment.
The PropIQ score of 51 suggests caution as market fundamentals show neither strong appreciation momentum nor distress signals that indicate value plays. The 3.7% price growth barely outpaces inflation while the 158-day absorption rate points to oversupply relative to demand. Buyers should monitor whether days-on-market contracts below 120 days or price growth accelerates above 5% as indicators of shifting momentum before committing to this market.
What is the median home price in 75640 Longview?
The median sale price in 75640 is $352K, up +3.7% year-over-year as of 2026-02-28.
How long do homes stay on the market in Longview 75640?
Homes in 75640 Longview spend an average of 159 days on market before going under contract.
Is Longview 75640 a good place to invest in real estate?
Folio's PropIQ™ score for 75640 is 51/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 75640?
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 51 = Caution in 75640 Longview, Texas.