Longview, Texas Housing Market Prices
Longview Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 2% below the Texas median$253,783
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Median rent 21% below the Texas median$1,106
Housing Market Overview
| Metric | Longview | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $253,783 | $258,873 | $248,835 |
| Price Trend (Annual %) | 6.8% | 9.2% | 7.5% |
| Median Gross Rent | $1,106 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Longview is about 2% lower than in Texas. Rent is about 21% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Longview, up about 6.8% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Longview rose about 40.7% between 2015 and 2024, from $786 to $1,106. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Longview.
Buying the median-priced home in Longview costs roughly 19.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Longview. The price-to-rent ratio in Texas is about 15.4.
| Metric | Longview | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $253,783 | $258,873 | $248,835 |
| Median Household Income | $63,968 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.0 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Longview rose about 38.1%, while median household income rose about 39.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Longview | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.3% | 56.7% | 58.5% |
| Rental Rate | 40.8% | 33.9% | 31.2% |
| Vacancy Rate | 9.9% | 9.4% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Longview has a homeownership rate of 49.3%, lower than the Texas average of 56.7%. Its housing vacancy rate is 9.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Longview | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1978 | 1990 | 1978 |
| Median Number of Rooms | 5.4 | 5.4 | 5.5 |
The typical housing unit in Longview was built around 1978. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Longview, Texas.
What is the median home price in Longview, Texas?
The median home price in Longview, Texas is $253,783, lower than the Texas average of $258,873.
What is the average home price in Longview, Texas?
The typical home price in Longview, Texas, reported as the median sale price, is $253,783. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Longview, Texas?
The median gross rent in Longview, Texas is $1,106 per month, lower than the Texas average of $1,402.
What was the median gross rent in Longview in 2020?
In 2020, the median gross rent in Longview, Texas was $862 per month.
What is the price-to-rent ratio in Longview, Texas?
The price-to-rent ratio in Longview, Texas is about 19.1, meaning it would take roughly 19.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Longview.
Are home prices or rent rising faster in Longview, Texas?
Both home prices and rent are rising in Longview, up about 6.8% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Longview, Texas?
49.3% of households in Longview, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Longview, Texas?
The housing vacancy rate in Longview, Texas is 9.9%, higher than the Texas average of 9.4%.
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