Long View, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Long View Neighborhoods Since 2000




Long View, NC Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Long View Housing Market Information

With 4,895 people, 1,968 houses or apartments, and a median cost of homes of $120,673, house prices in Long View are solidly below the national average.

Single-family detached homes are the single most common housing type in Long View, accounting for 75.40% of the town's housing units. Other types of housing that are prevalent in Long View include mobile homes or trailers ( 13.82%), duplexes, homes converted to apartments or other small apartment buildings ( 6.95%), and a few large apartment complexes or high rise apartments ( 3.82%).

The most prevalent building size and type in Long View are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 53.46% owning and 46.54% renting.

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. Long View's housing was primarily built during this period, from the '40s through the '60s. A full 56.02% of the town's housing hails from this era. Other housing ages represented in Long View include homes built between 1970-1999 ( 35.12%) and housing constructed between 2000 and later ( 4.61%). There's also some housing in Long View built before 1939 ( 4.26%).

Vacant housing appears to be an issue in Long View. Fully 14.47% of the housing stock is classified as vacant. Left unchecked, vacant Long View homes and apartments can be a drag on the real estate market, holding Long View real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Long View Home Appreciation Rates

Long View's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Long View during the period has been just -1.01%, which is lower than 70% of US communities.

Over the last year, Long View appreciation rates have trailed the rest of the nation. In the last twelve months, Long View's appreciation rate has been 2.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Long View were at -1.33%, which equates to an annual appreciation rate of -5.22%.

Notably, Long View's appreciation rate in the latest quarter is one of the lowest in America.

Relative to North Carolina, our data show that Long View's latest annual appreciation rate is lower than 50% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$120,673

Long View, NC HOME PRICES

Value Range
> $1,006,000 0.0
$754,001 - $1,006,000 0.0
$503,001 - $754,000 0.9
$402,001 - $503,000 1.8
$302,001 - $402,000 2.8
$201,001 - $302,000 9.8
$101,001 - $201,000 33.5
$51,001 - $101,000 38.4
$0 - $51,000 12.7

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
65.0240243759522 61.1615245009074

Number Of Homes And Apartments:
1,968

Long View Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
6.27% 0.35% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$835 / per month

Homeownership Rate

Homeownership
Owners 53.46
Renters 46.54
Vacant 14.47

Housing Market Details

 

Age of Homes

AGE OF Long View HOMES
2000 or Newer 4.6
1970 - 1999 35.1
1940 - 1969 56.0
1939 or Older 4.3

Types of Homes

TYPE OF Long View HOMES
Single-Family 75.4
Townhomes 0.0
Small Apt. Buildings 7.0
Apt. Complexes 3.8
Mobile Homes 13.8
Other 0.0

Home Size

SIZE OF Long View HOMES
No Bedroom 0.09
1 Bedroom 5.26
2 Bedrooms 41.98
3 Bedrooms 44.29
4 Bedrooms 7.87
5 or more bedrooms 0.52

Popular Neighborhoods in Long View

Zip Codes in Long View, NC