Texarkana, Texas Housing Market

What stands out in Texarkana?

• The typical listing has been on the market 89 days: among the longest listing ages of 765 tracked cities. Stale listings are common. Sellers who have waited are open to offers.
• The median household earns $57,549 a year: among the lowest incomes of 765 tracked cities. Rents are capped by what local households earn.

What moves the numbers in Texarkana?

Texarkana asking prices per square foot were above the year before in 86% of months since the data starts. Within a year, the cheapest and priciest months differ by about 11.8%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in Texarkana's numbers is far from its own normal. Your return comes from the property and the price you negotiate.

How does Texarkana compare with other Texas markets?

Ranked among the 77 Texas markets we track:

• Asking price: 21st cheapest of 77. Texarkana is at $280,210. Closest: Sherman and Baytown.
• Time on market: 3rd longest time on market of 77. Texarkana is at a median of 89 days on market. Closest: San Marcos and Bryan.
• Price cuts: 29th fewest price cuts of 77. Texarkana is at 22% of sellers cutting. Closest: The Colony and Baytown.

When do Texarkana prices dip?

Across 9 full years, Texarkana asking prices ran lowest in February, about 6.2% below the year's average. They peaked in May. The most homes for sale show up in November, about 8% above the yearly average. Shop in November for choice, and expect the softest asking prices in February.

Is now a good time to buy in Texarkana?

The median asking price is 16.9% below its May 2023 peak. Per square foot the gap is smaller: 4.7% below the Mar 2026 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Texarkana prices have risen in 95 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.

How much can you negotiate in Texarkana?

Pending-sale counts for Texarkana were thinly reported until recently, so this page reads demand from how long listings sit, how many sellers cut, and how much is for sale. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

The typical Texarkana listing has been on the market 89 days. There are 290 homes for sale in Texarkana. That is 4.4 times the tightest month on record, but below the peak of 302. Supply is growing against last year.

What to do about it

• Search Texarkana homes listed 90+ days ago that have already cut their price.
• Offer below the reduced price.
• Keep your inspection and financing contingencies.
• Ask the seller to pay closing costs.
• You can lose a few offers here and still win.

What numbers should you underwrite a Texarkana deal with?

• Price growth to assume — +5.2%/yr. Texarkana has grown about 5.6% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices fell 3.1% over the last year. Use it for timing. The five-year rate is the better guide.
• Months of carrying cost — 3. Budget at least 89 days of holding costs, the current median listing age, when you exit or refinance.
• Competition when you exit — +5%. Homes for sale in Texarkana are up 5% on last year, so your resale faces more competition than today's comps did.

Read how rent-to-price works and how we read these numbers, then run the numbers on a deal.

What is the median home price in Texarkana?

The median asking price in Texarkana is about $280,000 as of Sep 2026, down 5.6% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Texarkana figures cover the 5 ZIP codes with a Texarkana mailing address, which can reach past city limits.

Is Texarkana a buyer's or seller's market in 2026?

Buyers have more room in Texarkana than usual. We compare Texarkana with 2017–2019 at this time of year: 22% of sellers have cut their price, against 14% then; the typical listing has been up 25% more days; there are 4% more homes for sale.

Are Texarkana home prices going up or down?

The median asking price is 16.9% below its May 2023 peak. Per square foot the gap is smaller: 4.7% below the Mar 2026 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What rent can Texarkana tenants afford?

At 30% of income, a tenant on the median income can pay about $1,439 a month. The median Texarkana household earns $57,549 a year.

What price growth should I assume for Texarkana?

Assume +5.2% a year. Texarkana has grown about 5.6% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices fell 3.1% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in Texarkana?

HUD's fiscal year 2026 fair market rent for Bowie County is $1,101 a month for 2 bedrooms and $1,369 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.