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Langley Market Shift: Buyers Gain Leverage in 2026

Langley's housing market has pivoted decisively in favor of buyers. After months of softening, the numbers tell a clear story: composite benchmark prices fell 6.3% year-over-year to $955,800 in July 2026, inventory climbed to 1,436 active listings, and the gap between original list and sale price widened to 6.2%. Translation? Sellers who overprice are sitting, and buyers who do their homework are negotiating.

Willoughby Heights: Volume Leader, Negotiable Market

Willoughby Heights remains the busiest submarket in Langley, with 586 active MLS listings and a median asking price of $818,800 as of late August. But volume doesn't mean velocity—homes are averaging 65 days on market, a stark contrast to the rapid turnover of 2021–2022. This is the most inventory-rich neighbourhood in the township, driven by ongoing townhome and condo construction around Yorkson, Routley, and Latimer, plus proximity to the Carvolth bus exchange.

For buyers, Willoughby is where the deals are. Townhome and condo sales dominate, with benchmark townhouses at $811,400 (-4.9% YoY) and condos at $534,200 (-9% YoY). New-construction pressure is keeping supply elevated, which means sellers need to price competitively or risk sitting on the market well into fall.

Fort Langley: Heritage Charm, Limited Supply

Fort Langley operates in a different orbit. This is Langley's premium lifestyle market, defined by heritage village character, larger lots, and established detached homes. Inventory is typically limited, turnover is low, and buyers here are less price-sensitive—they're paying for a distinct sense of place. Expect pricing above the township average, but also expect longer hold times and more selective buyer pools. Fort Langley real estate is about lifestyle over volume.

Walnut Grove, Murrayville, Brookswood: Stable Family Zones

These three neighbourhoods continue to attract move-up families seeking schools, single-family homes, and established communities. Detached home benchmarks recently topped $1.5 million (-6.2% YoY), making them the highest-priced segment in Langley—but also the most negotiable. With sales down and inventory up, buyers in Walnut Grove, Murrayville, and Brookswood have leverage, especially on homes that aren't turnkey. If you're a family buyer with flexibility on closing or condition, this is the window to negotiate.

New Development Pipeline: Over 500 Units Approved

The Township of Langley approved or broke ground on more than 500 new housing units in 2026, concentrated in Willoughby, Aldergrove, and Latimer. Two BC Builds rental projects—118 homes in Willoughby and 128 in Aldergrove—are backed by $42.5 million in provincial funding. For buyers, this means more choice in the townhome and apartment segments. For sellers, it means more competition and the need to differentiate on price, condition, or location.

Bottom Line for Langley Buyers and Sellers

Buyers: You have more selection, more time, and more negotiating power than you've had in years. Focus on Willoughby Heights for new townhomes and condos, or Walnut Grove, Murrayville, and Brookswood for single-family value. Sellers: Price aggressively from day one. Wider list-to-sale gaps and longer days on market mean overpricing is costly. Investors: Watch Willoughby's rental projects—rental supply is rising, which may pressure cash flow on older multi-family stock.

Langley homes are more negotiable now than they've been in half a decade. Whether you're a first-time buyer eyeing a Willoughby townhome or a family upgrading in Walnut Grove, this is the moment to move with confidence—and data.