Longview housing market

Strong buyer's marketLongview, WA metro areaData through Sep 2026
Typical home value
$418K
▲ 0.1% 1 yr
Typical rent
$1,417/mo
▲ 2.4% 1 yr
12-month forecast
+1.0%
#395 of 546 metros
Gross rent yield
4.1%
#506 of 546 · U.S. 6.3%
Days to pending
59 days
▲ +10 days 1 yr
Listings with a price cut
31%
▲ +0.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $417,833, up 0.1% in a year and up 10% over five years.
  • 2Zillow forecasts home values rising 1.0% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,417/mo (+2.4% YoY), a 4.1% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,296/mo in principal and interest, $879 more than renting.
  • 5Homes go under contract in 59 days (+10 days vs last year); 31% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 23/100, #517 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $418K
$225K$287K$348K$410K2016201920222025
Typical monthly rent
Latest $1,417
$1,223$1,283$1,344$1,40420222023202420252026

How fast homes are selling

Days to go under contract
Latest 59
1636567620182020202220242026
Share of listings with a price cut
Latest 30.7%
10.1%17.2%24.3%31.3%20182020202220242026
Homes for sale vs new listings
Latest 515
For saleNew listings
9723337050620182020202220242026
Share of homes sold above list price
Latest 33.3%
27.6%40.3%53.0%65.6%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $112K
To buy (20% down)To rent
$49K$70K$91K$111K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Longview compares

MeasureLongviewUnited StatesRank of 546
Home value, 1-yr change+0.1%+1.2%#446
Home value, 5-yr change+10.1%+19.7%
12-month forecast+1.0%+1.1%#395
Rent, 1-yr change+2.4%+2.7%#368
Gross rent yield4.1%6.3%#506
Price-to-rent ratio24.615.8
Mortgage P&I on typical home$2,296$2,012
Income needed to buy$112,183$100,902
Days to pending5956

Cities in the Longview metro

2 cities with home value and rent data.

Longview$387K▼ 0.2%$1,297▲ 2.5%4.0%
Kelso$386K▼ 0.3%$1,469▲ 4.7%4.6%

Run the numbers

Other Washington metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.