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Langley Real Estate: May 2026 Neighbourhood Breakdown

Langley's housing market isn't moving as one—it's moving as five. With the Township benchmark at $970,700 in April 2026 and 238 transactions across all property types, the real story is how differently Willoughby Heights, Fort Langley, Walnut Grove, Murrayville, and Brookswood are performing right now. Detached homes averaged $1.526 million, attached homes $812,000, and apartments $554,100, but those Township-wide numbers hide significant neighbourhood-level variation in pace, pricing, and buyer profile.

Willoughby Heights: The Townhome Engine

Willoughby Heights remains Langley's most supply-sensitive submarket. New townhome developments continue to absorb move-up families and first-time buyers who want newer construction, manageable pricing, and proximity to schools and commuter routes. With attached homes averaging $812,000 Township-wide, Willoughby's newer product sits at the intersection of affordability and lifestyle—especially for buyers priced out of detached homes in more established areas. Inventory here moves quickly when priced right, and February's 13% drop in new listings suggests sellers are holding or waiting, which keeps absorption tight.

Fort Langley: Heritage and Land Premium

Fort Langley real estate operates on a different rulebook. Character homes, larger lots, and acreage-style properties trade on lifestyle and land value, not Township averages. Buyers here are looking for village charm, riverfront proximity, and estate-quality detached homes—often well above the $1.526 million detached average. This submarket is more insulated from broader rate-driven volatility because it's driven by scarcity, location, and buyer profile rather than benchmark price alone. If you're selling here, positioning and presentation matter more than days on market.

Walnut Grove, Murrayville, Brookswood: Established Family Appeal

These three neighbourhoods share a common thread: established family-friendly appeal with mature housing stock, school catchments, and larger yards. Walnut Grove continues to draw steady demand from school-oriented buyers, while Murrayville attracts those seeking quieter, rancher-style homes and a more traditional suburban feel. Brookswood fits the larger-lot, family-home category—buyers here value space and established residential streets over density and transit adjacency.

All three are less dependent on new development cycles than Willoughby Heights, which means they tend to move at a steadier pace but with less volatility. Sellers in these areas should focus on condition, curb appeal, and comparable pricing within their immediate pocket, not Township-wide benchmarks.

City vs. Township: A Critical Distinction

The City of Langley showed only 4 house sales in its May 2026 report, with an average price of $1.15 million and 58 days on market. That's a much smaller, more volatile sample than the Township, and a reminder that headline "Langley" figures should never be treated as interchangeable. If you're buying or selling in the City, your comps and market pace may look very different from Willoughby or Walnut Grove.

What This Means for You

Buyers: Know which Langley you're shopping in. Willoughby Heights townhomes and newer detached homes will move faster and require cleaner offers. Fort Langley, Walnut Grove, Murrayville, and Brookswood offer more negotiation room but also more variability in condition and land value. Don't let Township averages set your expectations—drill down by neighbourhood and property type.

Sellers: Pricing strategy should reflect your specific submarket, not broad Township data. If you're in Willoughby with newer product, speed and positioning matter. If you're in Fort Langley or Brookswood, land, lot size, and character are your value drivers. Inventory is still tight enough that well-prepared listings are moving—but only when they're priced and presented with precision.

Investors: Langley's segmentation creates opportunity. Townhome product in growth areas like Willoughby Heights remains the most liquid and absorption-friendly. Established family neighbourhoods offer stability and long-term hold potential, especially if school catchments and lot size remain priorities for buyers.

Langley isn't one market—it's five. The neighbourhoods that understand their own dynamics will outperform the ones relying on Township-wide averages.