Buying a Home in Langley, WA: Your Market Questions Answered

Langley, Washington is one of Whidbey Island’s most established and financially resilient communities. Known for its high-value homes and stable economy, Langley has long been considered a premium market.

Right now, shifts in pricing and inventory are creating a meaningful opportunity for buyers who understand how to read the market.

Below are the most common questions buyers are asking about buying in Langley—answered clearly and simply.

What are home prices in Langley right now?

Median home value: $845,950
Change over the past 12 months: Down 5.6%
Most recent median sales price: $792,500

Sales prices are showing signs of stabilization, with modest upward movement expected as the market rebalances. The median sales price is projected to settle near $800,000 as conditions normalize.

What this means for buyers:
Prices have adjusted, but the foundation of the market remains strong.

Is it getting easier to find homes for sale in Langley?

Inventory has been tight, with:

95 new listings
A 7.8% decrease compared to the prior year

That pattern is shifting.

New listings are projected to increase significantly, with an estimated 132 homes entering the market, representing a 38.9% surge in inventory.

Why this matters:
More inventory gives buyers more choice—and more leverage—than they’ve had in recent years.

Can I afford to buy in Langley?

Langley’s home prices are supported by unusually strong household finances and local economic stability.

Key economic indicators:

Median net worth: $378,600
Median household income: $74,067
Projected median household income: $109,223
Per capita income: $60,500
Average disposable income: $88,039
Unemployment rate: 2.4%

What this tells us:
Langley’s economic base is resilient, which helps support long-term property values.

What is the neighborhood like in Langley?

Langley is a highly stable, well-educated community with long-term residents.

Homeownership rate: 70.5%
Primary demographic: “Golden Years” households (92%)
Education level:
- 22% of residents hold graduate or professional degrees

Residents are typically financially secure, active seniors and empty nesters who value health, travel, and the arts. Many are strong supporters of local cultural organizations.

Housing mix:

43% single-family homes
43% multi-unit dwellings

This balance supports a range of lifestyles, from full-time residences to lower-maintenance living.

Is now a good time to buy in Langley?

Langley is currently in a strategic window for buyers.

This moment is shaped by:

A 5.6% adjustment in home values over the past year
A projected 38.9% increase in new listings
A market that is stabilizing rather than accelerating rapidly

Bottom line:
Buyers have more selection and negotiating power now than they are likely to have once inventory tightens and prices fully stabilize.

Langley Buyer Checklist (Quick Summary)

If you’re considering buying in Langley, keep these four factors top of mind:

Inventory growth: Watch for the projected 38% increase in new listings
Price timing: Act while prices are still adjusting from recent 12-month dips
Property options: Explore both single-family and multi-unit opportunities
Long-term value: A projected $35,000+ rise in median household income supports future appreciation

Need Local Guidance?

For expert insight and local perspective on buying in Langley and across Whidbey Island, connect with us!

Coldwell Banker 360 Team

Phone: 360-675-5915

website: https://www.cb360team.com

Data sourced from the Northwest Multiple Listing Service, Esri reports, and the U.S. Census American Community Survey.