Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 37,782, 16,030 total housing units (homes and apartments), and a median house value of $398,510, Longview real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Longview, accounting for 60.68% of the city's housing units. Other types of housing that are prevalent in Longview include large apartment complexes or high rise apartments ( 25.66%), duplexes, homes converted to apartments or other small apartment buildings ( 6.48%), and a few mobile homes or trailers ( 3.66%).
People in Longview primarily live in small (one, two or no bedroom) single-family detached homes. Longview has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Longview's housing was primarily built during this period, from the '40s through the '60s. A full 39.48% of the city's housing hails from this era. Other housing ages represented in Longview include homes built between 1970-1999 ( 37.52%) and housing constructed before 1939 ( 16.87%). There's also some housing in Longview built between 2000 and later ( 6.13%).
In the last 10 years, Longview has experienced some of the highest home appreciation rates of any community in the nation. Longview real estate appreciated 133.77% over the last ten years, which is an average annual home appreciation rate of 8.86%, putting Longview in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Longview definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Longview appreciation rates have trailed the rest of the nation. In the last twelve months, Longview's appreciation rate has been -1.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Longview were at -2.79%, which equates to an annual appreciation rate of -10.71%.
Notably, Longview's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Washington, our data show that Longview's latest annual appreciation rate is lower than 80% of the other cities and towns in Washington.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Longview differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Longview - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Longview real estate investment or home purchase decisions.
$398,510
for Washington
for nation
16,030
$1,696 / per month