Market Intelligence Report — TX-380

Plainview, TX

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-TX-08
As of the latest 2026 data
Cooling

Median Listing

$180K
+3.1% YoY

Pending Ratio

0.26
+10.1% YoY

Active Inventory

116
-20.5% YoY

Median DOM

79 Days
+5.3% YoY

Primary Intelligence Tool — Sold Score™

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The Plainview, TX market is currently characterized by cooling conditions, with a pending ratio of 0.26 indicating that demand absorption is lagging supply. This is further evidenced by active listings experiencing a substantial contraction of 20.5% year-over-year, alongside a reduction in new listings by 16.7%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Plainview market right now.

Inventory levels continue to contract, with active listings down 20.5% over the past year and new listings declining by 16.7% during the same period. Despite a modest 3.1% year-over-year increase in the median listing price, average listing prices have fallen by 7.2% year-over-year, suggesting some price stratification. The pending ratio has increased by 10.1% year-over-year, albeit from a low base, but the current absorption rate remains low.

Historical Analysis

Market Trends

Median Price

$180K+1.1% MoM

Active Inventory

116-20.5% YoY

Days on Market

79+5.3% YoY

Sold Score™

42+10.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

42
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In the current environment, the pace of transactions remains subdued, influenced by a pending ratio of 0.26, which points to limited demand relative to available supply. This condition places pressure on sellers to exercise price discipline to secure transactions, while buyers may find more opportunities for negotiation. The extended median days on market, at 79, indicates a slower transaction timeline.

Luxury Segment

While the median listing price has increased 3.1% year-over-year and median $/sqft by 6.0%, the average listing price has declined 7.2% over the same period, suggesting softness in the higher price tiers relative to the overall market.

Supply Dynamics

116 active listings represent the current floor, with new supply arriving at roughly 20 per month.

Pricing Pressure
15.3%

of active listings carry a price reduction, -9.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.0% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Plainview, TX? Homes here are taking 4 days longer to sell than last year.

Buyers have leverage in Plainview, TX. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
26%
Median Days on Market
79 days
Inventory YoY
−21%

In a buyer's market, strategy beats timing. See how your home scores in Plainview, TX and what moves the number.

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Metro Demographics

Metro Area
Plainview, TX
CBSA Code
38380
State
TX
Analysis FAQ
  • What is the current market condition in Plainview?+

    As of the latest 2026 data, the Plainview metro is classified as Cooling. Pending ratio is 0.26 with median days on market at 79.

  • Are home prices dropping in Plainview?+

    Median listing price is $180K, +3.1% year over year. 15.3% of active listings carry a price reduction.

  • How fast are homes selling in Plainview?+

    The typical listing sits 79 days on market, a +5.3% change YoY. New listings are arriving at 20 per month.

  • What's happening in the Plainview luxury market?+

    While the median listing price has increased 3.1% year-over-year and median $/sqft by 6.0%, the average listing price has declined 7.2% over the same period, suggesting softness in the higher price tiers relative to the overall market.

  • Where can I find a trusted Plainview real estate expert?+

    Primpted maintains a vetted registry of Plainview agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 38380 · 36mo history