Market Overview
Home Prices in Levelland, TX
The median home value in Levelland, TX is $144,432 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and down 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Levelland are priced65% below average. Levelland is part of the Levelland, TX metro area.
Over the past five years, Levelland home values have risen by approximately1.9%, reflecting modest growth in this market.
Price History
Levelland Home Price Trend
City Comparison
Levelland vs. National Median
At $144,432, homes in Levelland cost 65% below the national median of $410,000. This makes Levelland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Levelland?
20% Down Payment
$28,886
on $144,432
Monthly P&I
$753/mo
30-yr @ 6.8%
Total Monthly Est.
~$956/mo
incl. taxes & insurance
Income Needed
$38,240
gross annual (30% rule)
10% Down Option
$14,443
+ PMI applies
Loan Amount (20% dn)
$115,546
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Levelland, TX?
The median home value in Levelland is $144,432 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Levelland?
Over the past year, home values in Levelland have increased by 0.4%. Over five years, prices have risen approximately 1.9%.
How much do I need to earn to buy a home in Levelland?
To comfortably afford the median home price of $144,432 with a 20% down payment ($28,886) at today's rates (6.8%), you'd need a gross annual income of approximately $38,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Levelland compare to the national average home price?
The national median home value is approximately $410,000. At $144,432, homes in Levelland are 65% below the national average.
What metro area is Levelland part of?
Levelland is part of the Levelland, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.