75693
Longview, Texas

The 75693 ZIP code in Longview shows contractionary pressure with a median sale price of $280,000, down 3.4% year-over-year as of February 2026. Properties are averaging 77 days on market, indicating slower absorption than competitive metros. Zero homes are selling above list price, confirming a shift toward buyer leverage after previous price appreciation. This represents a clear reversal from seller-dominated conditions, with transaction velocity declining alongside price compression.

Patient buyers gain negotiating power in this environment, particularly those who can close without financing contingencies on properties approaching 90+ days listed. The 77-day average DOM creates opportunities for 5-10% discounts through extended negotiations, while the 3.4% price decline already offers entry points below 2025 levels. Sellers with equity built before this correction can still exit profitably, but recent purchasers face slim margins and extended marketing timelines.

The PropIQ score of 41/100 signals deteriorating fundamentals that typically precede further softening. Markets in this range historically experience 6-12 additional months of price stagnation or decline before stabilization. Monitoring employment data in Longview's primary sectors and tracking whether DOM extends beyond 90 days will indicate if the -3.4% decline accelerates or finds support at current levels.