The housing market in Longview, TX (zip code 75602) is showing significant appreciation over the past year. The median house value is $112,800, significantly lower than the US median of $338,100. However, the 1-year house appreciation rate in Longview is 14.75%, which greatly outpaces the national rate of 8.27%. This makes it an attractive option for people looking to invest in real estate while still maintaining a reasonable budget.
The median home cost in Longview (zip 75602) is $112,800. Home appreciation the last 10 years has been 67.5%. Home Appreciation in Longview (zip 75602) is up 20.4%.
Average Age of Homes
- The median age of Longview (zip 75602) real estate is 51 years old
The Rental Market in Longview (zip 75602)
- Renters make up 33.2% of the Longview (zip 75602) population
- 3.3% of houses and apartments in Longview (zip 75602), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.