75691
Longview, Texas

The 75691 ZIP code registers a $419,000 median sale price with a stark +61.2% year-over-year increase, though this appreciation exists alongside concerning liquidity signals. Properties average 166 days on market—more than five months—which significantly exceeds the regional norm for residential real estate. Zero homes have sold above list price in the current reporting period, indicating buyers maintain complete negotiating leverage despite the nominal price appreciation. This disconnect between price growth and transaction velocity suggests a thin market with limited comparable sales activity.

Patient buyers with extended timelines benefit most from current conditions, as the 166-day marketing period and 0% above-ask sales create downward price pressure at negotiation. The elevated median price requires substantial capital deployment, limiting the investor pool to cash-heavy participants or those accessing non-conventional financing. Sellers from 2025 captured significant appreciation but current holders face extended holding periods, making this unsuitable for anyone requiring quick liquidity or those who purchased within the past six months at inflated valuations.

The PropIQ score of 47/100 signals caution warranted, likely reflecting the velocity-price mismatch evident in the 166-day DOM metric. The combination of zero premium sales and protracted marketing periods suggests price discovery remains incomplete, with risk of downward revision if demand doesn't materialize. Monitor absorption rates and new listing volume through Q2 2026—if days-on-market extends beyond 180 or inventory accumulates, expect the year-over-year gain to compress significantly in subsequent quarters.