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Longville

Learn about the people, housing, costs and businesses in Longville, Minnesota

Median Home$356,791
Median Rent$1,059/month
Population158
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services28% healthcare
Home Value Growth⬆⬆⬆+31.6% over 2 years
Retirees26% of residentsabove average nationally
Homeowners95% of occupied units
NotableHighly Educated35% bachelor's · 24% graduate · top 3% nationally
NotableTransit84/100 · excellent transit access
Longville
MN

Frequently Asked Questions

What are today's mortgage rates in Longville?

As of today, the 30-year fixed mortgage rate for Longville is approximately 6.886% (6.922% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Longville?

The median home value in Longville is $357k. The median monthly rent is $1,059. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Longville?

Home values in Longville have increased 31.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Longville?

Based on a typical all-in ownership cost of $861/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Longville is $57k/year.

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What industries drive the economy in Longville?

The largest employment sectors in Longville are healthcare (28%) and arts, food, and hospitality (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.