Mortgage payment estimates, closing cost breakdowns, and homebuying data for Longview, Washington.
Median Home Price
$335K
Population
39K
Avg Monthly Rent
$1,220
Property Tax Rate
0.98% *
* Property tax shown is the Washington state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Longview.
Longview vs Washington Median
The median home price in Longview is $335,000, which is 42% below the Washington state median of $580,000.
Mortgage Calculator — Longview, WA
Pre-filled with Longview median home price and Washington tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $335K home using Washington's 0.98% tax rate and $1,600/yr insurance.
5% Down
$2,604/mo
Down: $16,750
Loan: $318K
P&I: $2,012
Tax: $274
Insurance: $133
PMI: $186
10% Down
$2,488/mo
Down: $33,500
Loan: $302K
P&I: $1,906
Tax: $274
Insurance: $133
PMI: $176
20% Down (No PMI)
$2,101/mo
Down: $67,000
Loan: $268K
P&I: $1,694
Tax: $274
Insurance: $133
Income needed (28% rule): $90K/year with 20% down, $107K/year with 10% down.
Rent vs Buy in Longview
Rent
$1,220/mo
vs
Buy (10% down)
$2,488/mo
Price-to-rent ratio: 22.9 — At a ratio above 20, renting may be more economical in Longview for shorter stays. Buying costs $1,268 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Longview is $335,000, 42% below the Washington state median of $580,000. With a population of 39,138, Longview is a smaller market where home prices tend to be more accessible than in many parts of Washington.
Property taxes in Washington average 0.98% annually. This moderate property tax rate means a $335,000 home in Longview would carry roughly $274/month in property taxes. Homeowners insurance in Washington runs approximately $1,600 per year. This is within the normal range nationally.
Average rent in Longview is $1,220/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Longview presents moderate affordability. The $335K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Longview.