Longview, WA—98632
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Longview, WA
As of Oct '25, the median home price in Longview, WA is $386,000, with a year-over-year change of -1.9%. This indicates that home prices in Longview, WA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $386,000 | -1.9% |
| Single Family | $389,000 | -1.5% |
| Condos | $318,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $249,000 | -3.9% |
2 Bed | $300,000 | -3.2% |
3 Bed | $393,000 | -1.5% |
4 Bed | $461,000 | -0.6% |
| 5 Bed | $513,000 | -0.8% |
% of Housing Stock
Rental Trends — Longview, WA
As of July '25, Rentcast reports the average rent in Longview, WA is $1,400, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Longview, WA is studios: $819, 1-bedrooms: $1,020, 2-bedrooms: $1,290, 3-bedrooms: $1,820, 4-bedrooms: $2,900. The most common rental property sizes in Longview, WA are 2-bedroom and 1-bedroom, accounting for 45.9% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,400 |
| Studio Rent | $825 | $819 |
| 1 Bed Rent | $1,000 | $1,020 |
| 2 Bed Rent | $1,250 | $1,290 |
| 3 Bed Rent | $1,700 | $1,820 |
| 4 Bed Rent | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Longview, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Longview, WA is 62. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | -7.0% |
Listing Count | 211 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 62 | 16.0% |
Demographics — Longview, WA
As of the latest ACS Survey released in 2023, Longview, WA has a population of 50,800, which has remained stable by -0.4% over the past 5 years. Longview, WA is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,800 | -0.4% |
% Under 18 | 21.9% | -4.4% |
% Seniors | 19.6% | 2.6% |
% WFH | 6.4% | 23.1% |
% w/ College Degree | 16.0% | -5.3% |
As of the latest ACS Survey released in 2023, Longview, WA is a predominantly white area, with 77.7% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Longview, WA is hispanic, making up 12.2% of the population. Foreign-born residents account for 4.4% of the population in Longview, WA, and this percentage has decreased by 6.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.7% | -4.8% |
% Black | 0.7% | -36.4% |
% Hispanic | 12.2% | 18.4% |
% Asian | 1.5% | 7.1% |
% Foreign Born | 4.4% | -6.4% |
Mortgage and Risk — Longview, WA
According to HUD data as of 2023, there were 1013 mortgage originations in Longview, WA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Longview, WA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,013 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Longview, WA
As of 2024, the percent of homes in Longview, WA under the Section 8 program is 14.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Longview, WA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,251 |
Total Units Section 8 | 1,251 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 87.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,000 | $1,150 |
| 2 Bedroom | $110 | $1,250 | $1,360 |
| 3 Bedroom | $210 | $1,700 | $1,910 |
| 4 Bedroom | -$620 | $2,900 | $2,280 |
Affordability — Longview, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $386,000 |
| Median Household Income | $64,700 |