By Brigette Waits-Garcia
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April 10, 2025
The 2024 Texas Real Estate Year in Review report released by Texas REALTORS® last month reveals that while the Texas housing market remained steady statewide, Texarkana emerged as a standout with stronger price appreciation and increased housing inventory, signaling a healthy shift toward market balance. Statewide, Texas saw small but stable growth with home sales increasing by 0.7% and median prices rising by 1.2%, bringing the statewide median home price to $339,000. The number of active listings and days on market rose significantly, providing more choices for buyers across many regions. In contrast, Texarkana experienced a 5.7% decrease in home sales, reflecting a measured cooldown in buyer activity following years of rapid market acceleration. However, the local market also saw a 7% increase in median home price, bringing the median in Texarkana to $200,000—well above the statewide appreciation rate. The price per square foot in Texarkana rose by 3.5%, compared to a 0.7% increase across Texas. Texarkana also saw a notable 32.2% increase in active listings, slightly higher than the 30.5% increase seen statewide. The average days on market locally extended from 58 to 72, while months of inventory—a key measure of supply—rose from 2.9 to 5.1 months, indicating a shift toward a more balanced housing environment. “We’re seeing a healthier, more sustainable market emerge here in Texarkana,” said Lauren Callaway , Team Leader of PH Realty Team . “The increase in inventory gives buyers more options and flexibility, while sellers are still benefiting from solid price growth. It’s a great moment for both sides of the market, as long as you’re working with professionals who know how to strategize in this evolving landscape.” This market transition offers new opportunities for both buyers and sellers. Buyers benefit from reduced competition and increased selection, while sellers can still capitalize on rising home values—particularly with strategic pricing and expert representation.