The typical owner-occupied home in Longview is worth about $63,300, 76% below the Illinois median of $263,300 and 81% below the national median of $332,700. Owners pay a median $1,375 a year in property taxes, about 2.17% of their home's value, higher than the Illinois rate of 2.01%. The median household earns $74,375 a year, so the median home costs 0.9 times the median income (3.2 times for Illinois). 88% of occupied homes here are lived in by their owners, and 13% of those owners still have a mortgage.
Longview at a glance
| Longview | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $63,300 | $263,300 | $332,700 |
| Median property tax paid per year | $1,375 | $5,298 | $3,119 |
| Property tax as a share of value | 2.17% | 2.01% | 0.94% |
| Median household income | $74,375 | $83,390 | $80,734 |
| Homes lived in by their owners | 88% | 67% | 65% |
| Owner homes with a mortgage | 13% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,125 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 15.8% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Median year homes were built | 1938 | 1971 | 1980 |
| Vacant homes | 28.3% | 7.7% | 10.1% |
| Population | 78 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Longview
At this week's average 30-year rate of 7.11%, buying the median Longview home of $63,300 with 20% down costs about $482 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $587, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $20,636 for the 20%-down payment. That payment is 8% of the median Longview household income of $74,375; at that income and 20% down, the 28% guideline points to a home of about $228,000.
| Down payment | $12,660 |
|---|---|
| Loan amount | $50,640 |
| Principal and interest | $341 |
| Property taxes (2.17% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| PMI | $0 |
| Total per month | $482 |
Change the numbers in the calculator
| Down payment | $2,216 |
|---|---|
| Loan amount | $62,153 |
| Principal and interest | $418 |
| Property taxes (2.17% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| FHA mortgage insurance | $28 |
| Total per month | $587 |
Change the numbers in the calculator
Questions about home buying in Longview
What is the median home value in Longview?
About $63,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Longview?
Homeowners pay a median $1,375 a year, which is about 2.17% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Longview?
For the median home with 20% down at 7.11%, the payment is about $482 a month. Keeping that under 28% of gross income takes about $20,636 a year.
More about Longview
- Mortgage Refinance in Longview
- Debt Relief in Longview
- Home Equity Loans in Longview
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data