75661
Longview, Texas

The 75661 ZIP code shows a median sale price of $407,000, marking a substantial 25.2% year-over-year increase that significantly outpaces national averages. However, this price appreciation contrasts sharply with market velocity metrics: homes are averaging 309 days on market, more than ten times the regional norm. Zero percent of properties are selling above list price, indicating buyers maintain negotiating leverage despite the elevated price point. This divergence between price growth and absorption rate suggests a thin market with limited transaction volume.

These conditions favor patient buyers with flexible timelines who can capitalize on extended negotiation windows and zero competition for above-ask offers. Sellers who purchased before the recent appreciation cycle can extract gains, though they must accept the 309-day marketing period as standard. Investors seeking immediate cash flow or quick flips should avoid this market entirely, as the holding costs during the extended sale period would erode returns. Cash buyers gain maximum advantage given their ability to close without appraisal contingencies in a slowly moving market.

The PropIQ score of 51 signals caution, reflecting the fundamental disconnect between rapid price increases and deteriorating liquidity metrics. The 309-day absorption rate combined with zero above-ask sales suggests prices may have overshot demand, creating downward pressure for 2026. Buyers should monitor whether days-on-market begins declining or if price cuts become necessary to clear inventory, which would confirm a market correction is underway.