Longview, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Longview Neighborhoods Since 2000




Longview, WA 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

Longview Housing Market Information

With a population of 36,848, 15,203 total housing units (homes and apartments), and a median house value of $199,513, 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 62.20% of the city's housing units. Other types of housing that are prevalent in Longview include large apartment complexes or high rise apartments ( 22.98%), duplexes, homes converted to apartments or other small apartment buildings ( 6.95%), and a few mobile homes or trailers ( 4.78%).

The most prevalent building size and type in Longview are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.38% owning and 46.62% 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. Longview's housing was primarily built during this period, from the '40s through the '60s. A full 40.79% of the city's housing hails from this era. Other housing ages represented in Longview include homes built between 1970-1999 ( 37.18%) and housing constructed before 1939 ( 15.33%). There's also some housing in Longview built between 2000 and later ( 6.70%).

Longview Home Appreciation Rates

Real estate appreciation rates in Longview's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.06% during the period.

Appreciation rates are so strong in Longview that despite a nationwide downturn in the housing market, Longview real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Longview appreciation rates continue to be some of the highest in America, at 15.18%, which is higher than appreciation rates in 99.41% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Longview. Longview appreciation rates in the latest quarter were at 1.17%, which equates to an annual appreciation rate of 4.75%.

Relative to Washington, our data show that Longview's latest annual appreciation rate is higher than 90% 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.

Average Home Values

 

Median Home Value:
$199,513

Longview, WA HOME PRICES

Value Range
> $1,236,000 0.2
$927,001 - $1,236,000 0.0
$618,001 - $927,000 1.6
$494,001 - $618,000 1.1
$371,001 - $494,000 6.0
$247,001 - $371,000 15.9
$124,001 - $247,000 51.2
$62,001 - $124,000 16.6
$0 - $62,000 7.5

Low for WA
High for Nation

Value Relative to Nation Value Relative to State
32.3918903082152 71.6312056737589

Number Of Homes And Apartments:
15,203

Longview Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
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
47.92% 2.30% 2 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$944 / per month

Homeownership Rate

Homeownership
Owners 53.38
Renters 46.62
Vacant 8.22

Housing Market Details

 

Age of Homes

AGE OF Longview HOMES
2000 or Newer 6.7
1970 - 1999 37.2
1940 - 1969 40.8
1939 or Older 15.3

Types of Homes

TYPE OF Longview HOMES
Single-Family 62.2
Townhomes 2.8
Small Apt. Buildings 7.0
Apt. Complexes 23.0
Mobile Homes 4.8
Other 0.3

Home Size

SIZE OF Longview HOMES
No Bedroom 2.91
1 Bedroom 12.79
2 Bedrooms 31.07
3 Bedrooms 40.12
4 Bedrooms 10.79
5 or more bedrooms 2.33