Levelland, TX metro area Housing Market

Cool Market

Comprehensive housing market data for the Levelland, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$170K

28.4% YoY

Days on Market

72 days

4.3% YoY

Active Inventory

65

16.1% YoY

Homes Sold

19

18.8% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Levelland, TX metro area Market Summary

The Levelland, TX metro area housing market is cooling down. As of March 2026, the median home sale price is $170K, down 28.4% year-over-year. Homes are spending a median of 72 days on the market, 4.3% longer than a year ago.

There are 65 homes for sale — 16.1% more than last year. With 3.4 months of supply, this is a seller's market. 21 new listings were added during this period, down 12.5% year-over-year.

0.0% of homes sell above their asking price. 24.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.4
Days on Market 72
Price Drops 24.6%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 61.1%
Days on Market (National: 55) 30.9%
Inventory (National: 1,314,690) 100.0%

vs. Texas Median

Median Price (Texas: $342K) 50.4%
Days on Market (Texas: 82) 12.2%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 61% below the national median, which could indicate stronger cash flow potential.

Levelland, TX metro area Market Trends

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Detailed Market Metrics

Median List Price

$230K

Price per Sq Ft

$104

Sale-to-List Ratio

N/A

Months of Supply

3.4

Sold Above List

0.0%

Price Drops

24.6%

New Listings

21

12.5% YoY

Pending Sales

23

Off Market in 2 Weeks

30.4%

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