Last updated: August 2026 (using July 2026 FVREB data)
The Langley Market Right Now
Langley is one of the most buyer-favoured markets in the Fraser Valley heading into late 2026. The composite benchmark price sat at $954,000 in July, down 7% year-over-year and 1.4% month-over-month. Detached homes softened to $1,494,800, townhouses stabilized around $864,600, and condos absorbed the biggest correction with the benchmark falling to $542,100. Buyers finally have real selection, and sellers who price sharply are still finding qualified offers within 30-45 days.
The story in Langley is transformation. The SkyTrain Expo Line extension to Langley Centre is on track for 2028, and Willoughby Heights, Walnut Grove, and Langley City are already seeing property values reshape around the future stations. Family buyers priced out of Coquitlam and Burnaby continue to land here for detached homes on real lots at $1.2M to $1.6M, and first-time buyers are finding condo entry points under $550K that don't exist anywhere else in the Lower Mainland transit corridor.
Langley Market Stats (July 2026)
Detached Homes
$1.49M
Benchmark price
Softening, buyer-favoured
Townhouses
$865K
Benchmark price
Family-driven, stable
Condos
$542K
Benchmark price
Sales down 28% YoY, buyer's market
Composite Benchmark
$954K
All property types
Down 7% YoY · Buyer-friendly conditions
Key indicators:
- Composite Benchmark Price: $954,000 (down 7% YoY, down 1.4% MoM)
- Detached Benchmark: $1,494,800 (softening)
- Townhouse Benchmark: $864,600 (stable)
- Condo Benchmark: $542,100 (sharpest correction)
- Condo Sales YoY: Down 28.1% (biggest slowdown of the three segments)
- Condo Average Days on Market: 38 days
- 5-Year Composite Change: +2.1% (long-term appreciation intact)
- 10-Year Composite Change: +43% (strong decade returns)
- SkyTrain Expo Line Extension: On track for 2028 to Langley Centre
Data sourced from Fraser Valley Real Estate Board (FVREB) July 2026 Monthly Statistics Package.
What's Actually Happening Behind the Numbers
The Langley detached market has softened meaningfully in 2026, and that's giving buyers real leverage for the first time in years. Well-priced detached homes in Willoughby Heights, Walnut Grove, and Murrayville are still moving in 30-45 days, but overpriced listings are sitting 90+ days and reducing. If you're a family buyer trying to get into a real detached home under $1.5M, this is the strongest Langley window since 2019.
Townhouses continue to be the workhorse of Langley's market. The $864K benchmark is significantly cheaper than equivalent townhouses in Coquitlam or Burnaby, and the family-buyer demand is consistent. Willoughby Heights townhomes in the $850K-$1.05M range are still the sweet spot for growing families, and the coming SkyTrain access to Langley Centre is quietly supporting long-term value here.
Condos are the deepest buyer's market in Langley. Sales fell 28.1% year-over-year in June and the benchmark dropped to $542,100. Days on market pushed out to 38. That said, if you're a first-time buyer or investor, you're looking at some of the most accessible entry-point pricing in the Fraser Valley, combined with SkyTrain coming to Langley Centre in 2028. The long-term investor case here is genuinely strong even in this soft window.
Selling in Langley? Here's What to Know
This is a buyer-favoured market, which means pricing strategy is everything. Homes priced at or slightly below comparable recent sales are moving in 30-45 days. Homes priced 5-10% above comparables are sitting 90+ days and reducing anyway. Well-staged, move-in-ready homes command noticeable premiums right now because buyers are budget-stretched and renovation costs remain high.
On a $1.5M Langley detached, traditional commissions can take significant equity off your closing. With One Percent Realty, you keep that money in your pocket. See your specific savings:
Calculate My Commission Savings →
Explore Langley Neighbourhoods
Langley covers 11 distinct sub-areas across the City of Langley and Township of Langley. Each has its own character, price point, and buyer profile. Tap any neighbourhood below for the detailed guide:
Frequently Asked Questions
What's the average home price in Langley?
As of July 2026, the composite benchmark price for all residential property types in Langley is $954,000. Detached homes benchmark at $1,494,800, townhouses at $864,600, and condos at $542,100. Prices are down about 7% year-over-year, giving buyers more leverage than they've had in years.
Is Langley a buyer's or seller's market in 2026?
Buyer-favoured across all segments. Prices are softening, inventory is elevated, and condos are seeing the deepest correction with sales down 28.1% year-over-year. Well-priced homes still move in 30-45 days, but sellers have less leverage than they've had in years.
How will the SkyTrain extension affect Langley property values?
Significantly. The Expo Line extension to Langley Centre is on track for 2028, and Willoughby Heights, Walnut Grove, and Langley City are already seeing property values shape around the future stations. Long-term investor demand near the SkyTrain corridor is one of the strongest forces in this market.
Is Langley cheaper than Coquitlam or Burnaby?
Yes, meaningfully. Langley detached homes benchmark at $1.49M compared to $1.64M in Coquitlam or ~$1.95M average in Burnaby. Townhouses and condos are also priced lower. The trade-off has been transit access, but the SkyTrain extension closes that gap by 2028.
Which Langley neighbourhood is best for families?
Willoughby Heights and Walnut Grove lead for family buyers with newer homes, top schools, parks, and highway access. Murrayville and Brookswood are strong established options south of Highway 1. Fort Langley offers premium character-home living for families who want the historic village feel.
Are Langley condos a good investment in 2026?
The current window is one of the strongest buyer entry points in years. Prices are at $542,100 benchmark (down 7% YoY), SkyTrain is coming to Langley Centre in 2028, and long-term rental demand from Fraser Valley commuters remains strong. Investors with patience are looking at genuine value.
How much can I save selling with One Percent Realty in Langley?
Savings scale with your home's price. On a $1.5M Langley detached, sellers often keep tens of thousands of dollars in equity that would otherwise go to commission. Use the calculator above to run your specific numbers.
Last updated: July 2026.
