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Langley Real Estate: What 1,491 Listings Tell Us

Langley's housing market has flipped from scarce to stocked. With 1,491 active listings and a benchmark price down 6.3% year over year to $955,800, the Township and City are offering buyers something they haven't seen in years: choice. But not all neighbourhoods are cooling equally—and that's where the opportunity lies.

Market Snapshot: More Inventory, Lower Benchmarks

The numbers paint a clear picture. From mid-July to mid-August 2026, Langley saw 472 new listings and 277 sales, with an average sale price of $981,000 and $539 per square foot. Year-over-year benchmark declines are spread across property types: single-family homes down 6.2% to just over $1.5 million, townhouses off 4.9% to $811,400, and condos down 9% to $534,200. The median asking price citywide sits at $949,900.

Translation? Buyers have negotiating room for the first time since the pandemic began. Sellers need to price competitively and understand which pockets are still moving quickly.

Neighbourhood by Neighbourhood: Where Demand Holds

Willoughby Heights remains Langley's most active family magnet. Newly built townhomes along the 204th Street corridor are listing in the high-$800,000s to low-$900,000s—recent examples include a 1,440 sq. ft. three-bedroom at $889,900, a 1,403 sq. ft. unit at $909,900, and a 1,432 sq. ft. home at $854,900, all from 2026 builds. Proximity to schools, shopping, and commuter routes keeps this submarket tight even as the broader Township softens.

Fort Langley is a different animal. Heritage character and low-rise infill shape supply here more than subdivision sprawl. A July development permit proposed four units at 9126 Church Street—two single-family homes, each with a secondary suite—reflecting the neighbourhood's quiet intensification. Buyers looking for charm and walkability will pay a premium; sellers should highlight character and location over square footage.

Brookswood is emerging as a key area for small-scale multi-unit housing (SSMUH). Multiple projects are in the pipeline, signaling a shift from one-off lot splits to coordinated redevelopment. Expect more ground-oriented density here over the next 12–18 months.

Walnut Grove and Murrayville are seeing scattered infill proposals, but activity is more selective. These neighbourhoods appeal to established families seeking mature streetscapes and larger lots, but inventory is climbing as move-up buyers pause.

What This Means for Buyers, Sellers, and Investors

Buyers: You have leverage. Inventory is high, prices are lower than last August, and sellers are motivated. Focus on Willoughby Heights for turnkey new builds, Fort Langley for heritage character, and Brookswood for value plays ahead of future density. Don't rush—take time to compare, negotiate, and secure favorable terms.

Sellers: Price matters more than ever. Overpricing in this inventory-rich environment means longer days on market and eventual price reductions. Highlight recent upgrades, proximity to schools or transit, and any unique features. In Fort Langley and Walnut Grove, character sells; in Willoughby, functionality and finishes drive decisions.

Investors: Watch Brookswood closely. Small-scale multi-unit housing policies are unlocking incremental density, and early movers may capture upside as projects complete. Townhomes in Willoughby Heights also offer strong rental demand from young families.

Bottom Line

Langley real estate in August 2026 is a tale of two markets: broad cooling across benchmarks, but pockets of persistent demand in family-friendly, well-located neighbourhoods. Whether you're buying your first Langley home, selling to move up, or building a portfolio, the key is knowing which streets and submarkets still move—and which require patience. If you're exploring Langley homes or tracking opportunities from White Rock to the Fraser Valley, now is the time to dig into the micro-data.