Is Longview-Kelso, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Longview-Kelso has remained a Seller's Market.
Key Takeaway
Longview-Kelso is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Longview-Kelso, WA
How much do homes in Longview-Kelso, WA cost?
Median Sold Price
$360,375
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Longview-Kelso have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Longview-Kelso was $360,375 in May 2024, up 1.5% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $240K | +17.1% |
| 2 Bedrooms | $275K | $286.6K | +4.2% |
| 3 Bedrooms | $363K | $369.9K | +1.9% |
| 4 Bedrooms | $427.4K | $449.9K | +5.3% |
| 5+ Bedrooms | $462.3K | $461.6K | -0.1% |
Summary: Longview-Kelso housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
| Rose Valley | $477.9K | $550K | +15.1% |
| Kelso | $325K | $368.7K | +13.4% |
| Longview | $360.8K | $371.2K | +2.9% |
| Longview-Kelso | $355K | $360.3K | +1.5% |
Housing Supply in Longview-Kelso, WA
How many homes are available in Longview-Kelso, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 357 | 367 | +2.8% |
Summary: The Longview-Kelso real estate market had 367 homes for sale in May 2024, a 2.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 78 | 77 | -1.3% |
| 3 Bedrooms | 161 | 168 | +4.3% |
| 4 Bedrooms | 92 | 89 | -3.3% |
| 5+ Bedrooms | 19 | 28 | +47.4% |
Summary: The Longview-Kelso housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 47.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 112 | 90 | -19.6% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Longview-Kelso, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.
Summary: A total of 90 homes were sold or pending in Longview-Kelso in May 2024, down by 19.6% month-over-month. Of the 90 sold homes, 46% were sold under asking, 22% were sold at asking, and 32% were sold over asking.
Days on Market for Longview-Kelso, WA
How long does it take to sell a home in Longview-Kelso, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 39 Days | 37 Days | -5.4% |
Summary: Homes in Longview-Kelso had an average of 37 days on market in May 2024, down by 5.4% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Longview-Kelso are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 90 homes were sold in Longview-Kelso; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.