Levelland, TX Housing Market

Cold Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Levelland, TX metro area.

Data period: May 2026

Market snapshot

Median sale price
$165K
Median days on market
58 days
Months of supply
5.8
Active inventory
76
Homes sold
13
Listings with price drop
27.6%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Cooling
Buyer leverage
High
Pricing signal vs. U.S. median
Easier buy-in vs. U.S. median (price only)
Investor fit (heuristic)
Buy-in vs. U.S. · Negotiation · BRRRR

Watch-outs

  • Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
  • Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Levelland, TX market summary

The Levelland, TX metro area housing market is cooling down. As of May 2026, the median home sale price is $165K, down 25.7% year-over-year. Homes are spending a median of 58 days on the market, 6.5% shorter than a year ago.

There are 76 homes for sale — 65.2% more than last year. With 5.8 months of supply, this is a balanced market. 21 new listings were added during this period, down 4.5% year-over-year.

0.0% of homes sell above their asking price. 27.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

78

Contributing Factors

Months of Supply 5.8
Days on Market 58
Price Drops 27.6%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $450K) 63.3%
Days on Market (National: 42) 38.1%
Inventory (National: 1,460,440) 100.0%

vs. Texas Median

Median Price (Texas: $356K) 53.7%
Days on Market (Texas: 56) 3.6%

Investor takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 63% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.

Levelland, TX market trends

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Detailed market metrics

Median list price

$220K

Price per sq ft

$109

Sale-to-list ratio

N/A

Months of supply

5.8

Sold above list

0.0%

Price drops

27.6%

New listings

21

4.5% YoY

Pending sales

20

Off market in 2 weeks

25.0%

Levelland, TX housing market FAQs

What is the median home price in Levelland, TX?

For the latest published month, the median sale price in Levelland, TX is $165K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.

Is Levelland, TX a buyer's or seller's market?

With about 5.8 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.

How long do homes stay on the market in Levelland, TX?

For the latest published month, the median days on market in Levelland, TX is 58 days — half of homes went pending faster and half slower.

Is Levelland, TX good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Levelland, TX can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Levelland, TX?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Levelland, TX deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Levelland, TX deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.