Longview, Washington 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.
-
Median home price 248% above the Washington median$1,685,983
-
Median rent 35% below the Washington median$1,136
Housing Market Overview
| Metric | Longview | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,685,983 | $485,016 | $248,835 |
| Price Trend (Annual %) | 62.8% | 10.9% | 7.5% |
| Median Gross Rent | $1,136 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Longview is about 248% higher than in Washington. Rent is about 35% lower than the Washington 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 62.8% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Longview rose about 57.1% between 2015 and 2024, from $723 to $1,136. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 26.7 yearly household incomes in Longview.
Buying the median-priced home in Longview costs roughly 123.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Longview. The price-to-rent ratio in Washington is about 23.0.
| Metric | Longview | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,685,983 | $485,016 | $248,835 |
| Median Household Income | $63,086 | $98,224 | $80,455 |
| Price-to-Income Ratio | 26.7 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Longview rose about 1099.0%, while median household income rose about 49.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Longview | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.4% | 59.1% | 58.5% |
| Rental Rate | 42.4% | 33.6% | 31.2% |
| Vacancy Rate | 6.2% | 7.3% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Longview has a homeownership rate of 51.4%, lower than the Washington average of 59.1%. Its housing vacancy rate is 6.2%, compared with 7.3% in Washington.
Housing Stock
| Metric | Longview | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1965 | 1983 | 1978 |
| Median Number of Rooms | 5.1 | 5.5 | 5.5 |
The typical housing unit in Longview was built around 1965. On average, 2.4 people live in a home with about 5.1 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Longview, Washington.
What is the median home price in Longview, Washington?
The median home price in Longview, Washington is $1,685,983, higher than the Washington average of $485,016.
What is the average home price in Longview, Washington?
The typical home price in Longview, Washington, reported as the median sale price, is $1,685,983. 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, Washington?
The median gross rent in Longview, Washington is $1,136 per month, lower than the Washington average of $1,759.
What was the median gross rent in Longview in 2020?
In 2020, the median gross rent in Longview, Washington was $868 per month.
What is the price-to-rent ratio in Longview, Washington?
The price-to-rent ratio in Longview, Washington is about 123.7, meaning it would take roughly 123.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Longview.
Are home prices or rent rising faster in Longview, Washington?
Both home prices and rent are rising in Longview, up about 62.8% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Longview, Washington?
51.4% of households in Longview, Washington own their home, lower than the Washington average of 59.1%.
What is the vacancy rate in Longview, Washington?
The housing vacancy rate in Longview, Washington is 6.2%, lower than the Washington average of 7.3%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →