Housing Report for Longview
The residential real estate values in Longview, Texas have experienced moderate increases since the Census values accounted for in the year 2000. The values have increased by $16,200, or 22.8 percent, from their 2000 median values of $71,200.
In Longview, the census reported 83,667 homes in 2005. The metro area has experienced a medium level of growth in the number housing units, adding all together 1,754 residential structures since 2001, a change of 2.1 percent.
According to the data, there is a large amount of affordable housing in Longview, Texas. In 2005, 74.1 percent of owner-occupied dwellings were valued under $125k.
Longview has a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 0.8 percent of owner-occupied dwellings were valued over a half a million dollars.
Longview had a median home value in the year 2005 of $87,400, published by the American Community Survey. This median is less than the overall Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the United States in the same year.
Throughout the State of Texas, Longview ranks 21 of the 25 metro areas by percentage growth in residential real estate. The metro area is positioned 308 of 361, comparing the percentage change in residential real estate in other US MSAs.
Data Source: U.S. Census Bureau
In Longview, the census reported 83,667 homes in 2005. The metro area has experienced a medium level of growth in the number housing units, adding all together 1,754 residential structures since 2001, a change of 2.1 percent.
According to the data, there is a large amount of affordable housing in Longview, Texas. In 2005, 74.1 percent of owner-occupied dwellings were valued under $125k.
Longview has a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reports that 0.8 percent of owner-occupied dwellings were valued over a half a million dollars.
Longview had a median home value in the year 2005 of $87,400, published by the American Community Survey. This median is less than the overall Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the United States in the same year.
Throughout the State of Texas, Longview ranks 21 of the 25 metro areas by percentage growth in residential real estate. The metro area is positioned 308 of 361, comparing the percentage change in residential real estate in other US MSAs.
Data Source: U.S. Census Bureau
0 Comments:
Post a Comment
<< Home