Levelland, TX—79336

As of Aug '25, the median home price in Levelland, TX is $158,000, with a year-over-year change of -3.2%. This indicates that home prices in Levelland, TX are decreasing. According to Zillow, the 1-year price projection is -3.8%, suggesting a decrease housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Levelland, TX is 46. This is an decrease of -27.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 36.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Levelland, TX in that year was 182. 59.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 85.0%. Of those, 60.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Levelland, TX. Investor activity in Levelland, TX is low, as 3.0% of all loans are originated by investors. In 2023, 3.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.