Longview, TX cityscape
Markets / Texas / Longview
RENTAL MARKET INTELLIGENCE

Longview, TX

Longview merits investigation by yield-focused buyers comfortable with slow growth and flood due diligence; buyers needing strong rent momentum should avoid it.

Median price$222k
Median rent$1,214
Gross yield6.6%
Job growth▲ 0.2%
CBSA 3098026 public sourcesChecked nightly
SCORE / 10050RANK #267 / 571
Composite Market ScoreRank #267 of 571 scored US metros
The read

Why this market scores where it does

Written from the figures on this page and then checked against them: every number below had to appear in the source record or recompute from two that did, or the text was rewritten.

Longview merits investigation by yield-focused buyers comfortable with slow growth and flood due diligence; buyers needing strong rent momentum should avoid it. A $221,747 median value and $1,214 monthly asking rent produce a 6.57% gross yield.

Affordability supports the opportunity: price-to-income is 3.33, while rent absorbs 21.86% of median household income. Supply pressure appears contained, with 1.11 permits per 1,000 residents, but 4.8 months of listings and 71 median days on market suggest buyers need not rush.

The main tension is adequate entry economics without strong demand growth. Jobs rose 0.23% and rents only 0.5%; positive net migration of 368 households offers some support. Inland flood is the dominant hazard, requiring property-level review despite the low reported climate loss ratio.

Frequently Asked Investor Questions

Is migration adding or subtracting households?
Tax filings show 5,751 households moved in and 5,383 moved out, for net migration of 368.
How much buyer negotiating room is visible?
The record reports 4.8 months of supply, 71 median days on market, and price drops on 27.8% of listings.
Who are the largest reported sources of incoming households?
Smith County leads with 730 households, followed by Dallas County with 316 and Tarrant County with 230.

Investor Quick Takeaways

Gross Yield: 6.6%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 0.50%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 12.7%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Longview
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply4.8 mo.▼ from 4.9 mo. a year ago
Median days on market71 days▲ from 67 days a year ago
Listings with price drops27.8%▼ from 30.6% a year ago
Sale-to-list ratio94.4%2026-05-01
Home value growth▲ 0.6%Zillow ZHVI · trailing 12 months
Rent growth▲ 0.50%Zillow ZORI · trailing 12 months
Gross rental yield6.6%Rent × 12 ÷ price
Payroll job growth▲ 0.2%CES · 12m to 2026-06
Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs55Rent trend10Affordability70Supply57Climate safety78
Published arithmeticComponent × weight = points
50
SignalScoreWeightPoints
Job growth5530%16.50
Rent trend1025%2.50
Affordability7015%10.50
Supply pressure5715%8.55
Climate risk7815%11.70
Published score50
Longview, TX scoreRank #267
50
Job growth55/100

Job: 0.23% annual growth -> employment demand is positive but weak.

Rent trend10/100

Rent: 0.5% annual growth -> current yield matters more than rent momentum.

Affordability70/100

Afford: a 3.33 price-to-income ratio and 21.86% rent-to-income burden -> acquisition and tenant affordability appear relatively workable within this record.

Supply pressure57/100

Supply: 322 permits and 4.8 months of listings -> new construction is limited, but resale inventory gives buyers negotiating room.

Climate risk78/100

Climate: a 0.1085% annual loss ratio with inland flood dominant -> reported losses are low, but water exposure requires property-level diligence.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$222k
YoY ▲ 0.6%
ZORI Median Rent
$1,214
YoY ▲ 0.50%
Gross Rental Yield
6.6%
Rent × 12 ÷ price
$1,214 × 12 ÷ $221,747
Job Growth (YoY)
▲ 0.2%
CES payrolls
Job signal 55/100
Median Household Income
$67k
Census ACS 5-year
Rent Burden
21.9%
Annual rent ÷ household income
Price-to-Income
3.3x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,199
Market rent 101.3% of FMR
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
266201936320205472021643202234520232682024276202529420265+ unit buildingssingle family
294 units authorised in 2026, 0% of them in 5+ unit buildings. This is a single-family building cycle, so the competition is other houses, not new apartments. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+368
5,751 in vs 5,383 out (IRS SOI)
▲ 6.4% of arriving households
Mover Income Gap
+$7,477
Arriving $59,264 vs leaving $51,787
Average AGI per tax return (IRS SOI)
Investor Purchase Share
12.7%
354 of 2,792 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
inland flooding
0.108% building value annual loss ratio
FEMA NRI · risk type: water
Households arrive mainly from: Smith County · Dallas County · Tarrant County · Harris County · Marion County
5,751 in − 5,383 out = 368 net
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. Weak job growth may limit household demand and rent gains.
  2. Slow rent growth may leave little cushion against operating-cost increases.
  3. Inland flood exposure may create property-specific loss, insurance, or financing concerns not resolved by the metro loss ratio.
Statistical peers

Metros that behave like Longview

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

MetroScorePriceRentYieldJob Growth
Longview, TX (Target)50$222k$1,2146.6%▲ 0.2%
Champaign, IL59$242k$1,3386.6%▲ 0.6%
Tallahassee, FL32$287k$1,5136.3%▲ 0.2%
Waco, TX50$259k$1,4306.6%▲ 0.7%
Flint, MI76$199k$1,0876.6%▲ 0.5%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household incomedirectACS 2024 5-year2026-07-26
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS QCEW — county employment and wagesdirectannual county employment and wages 2025 vs 20242026-07-31
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI 20252026-07-28
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-232026-07-27
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-07-27
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-07-26