Is Longview, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Longview has remained a Seller's Market.
Housing Prices in Longview, WA
How much do homes in Longview, WA cost?
Median Sold Price
$370,460
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Longview was $370,460 in March 2024, up 3.8% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $244.4K | +11.1% |
2 Bedrooms | $283K | $283.5K | 0.2% |
3 Bedrooms | $365K | $379.9K | +4.1% |
4 Bedrooms | $429K | $457K | +6.5% |
5+ Bedrooms | $491.5K | $464.6K | -5.5% |
Summary: Longview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
Kelso | $319K | $365K | +14.4% |
Longview | $356.9K | $370.4K | +3.8% |
Longview-Kelso | $355K | $360K | +1.4% |
Housing Supply in Longview, WA
How many homes are available in Longview, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
302 | 320 | +6.0% |
Summary: The Longview real estate market had 320 homes for sale in March 2024, a 6.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 62 | 67 | +8.1% |
3 Bedrooms | 153 | 154 | +0.7% |
4 Bedrooms | 71 | 81 | +14.1% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Longview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 84 | +20.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 84 homes were sold or pending in Longview in March 2024, up by 20.0% month-over-month. Of the 84 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for Longview, WA
How long does it take to sell a home in Longview, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 63 Days | +26.5% |
Summary: Homes in Longview had an average of 63 days on market in Mar 2024, up by 26.5% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 84 homes were sold in Longview; 48% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.