Aberdeen, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Aberdeen Neighborhoods Since 2000




Aberdeen, WA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Aberdeen Housing Market Information

With 16,276 people, 5,901 houses or apartments, and a median cost of homes of $143,450, Aberdeen real estate values are some of the lowest in Washington, although compared to real estate around the nation, Aberdeen homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Aberdeen, accounting for 68.13% of the city's housing units. Other types of housing that are prevalent in Aberdeen include large apartment complexes or high rise apartments ( 13.68%), duplexes, homes converted to apartments or other small apartment buildings ( 10.80%), and a few mobile homes or trailers ( 5.33%).

The most prevalent building size and type in Aberdeen are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.88% owning and 48.12% renting.

The housing in Aberdeen was primarily built before 1939 ( 39.28%), making the housing stock in Aberdeen some of the oldest overall in America, although there is a range of ages of homes in Aberdeen. The next most important housing age is between 1940-1969 ( 33.60%), followed by between 1970-1999 ( 23.98%). There's also some housing in Aberdeen built between 2000 and later ( 3.14%).

Vacant housing appears to be an issue in Aberdeen. Fully 15.01% of the housing stock is classified as vacant. Left unchecked, vacant Aberdeen homes and apartments can be a drag on the real estate market, holding Aberdeen real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Aberdeen Home Appreciation Rates

Aberdeen's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Aberdeen during the period has been just -0.85%, which is lower than 70% of US communities.

Appreciation rates are so strong in Aberdeen that despite a nationwide downturn in the housing market, Aberdeen real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Aberdeen appreciation rates continue to be some of the highest in America, at 12.31%, which is higher than appreciation rates in 97.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Aberdeen. Aberdeen appreciation rates in the latest quarter were at 1.50%, which equates to an annual appreciation rate of 6.14%.

Relative to Washington, our data show that Aberdeen's latest annual appreciation rate is higher than 70% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$143,450

Aberdeen, WA HOME PRICES

Value Range
> $1,160,000 0.0
$870,001 - $1,160,000 0.0
$580,001 - $870,000 2.8
$464,001 - $580,000 0.6
$348,001 - $464,000 2.1
$232,001 - $348,000 16.1
$116,001 - $232,000 42.7
$58,001 - $116,000 24.3
$0 - $58,000 11.4

Very Low for WA
Average for Nation

Value Relative to Nation Value Relative to State
53.061643032931 93.4397163120567

Number Of Homes And Apartments:
5,901

Aberdeen Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
40.75% 2.00% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$933 / per month

Homeownership Rate

Homeownership
Owners 51.88
Renters 48.12
Vacant 15.01

Housing Market Details

 

Age of Homes

AGE OF Aberdeen HOMES
2000 or Newer 3.1
1970 - 1999 24.0
1940 - 1969 33.6
1939 or Older 39.3

Types of Homes

TYPE OF Aberdeen HOMES
Single-Family 68.1
Townhomes 2.1
Small Apt. Buildings 10.8
Apt. Complexes 13.7
Mobile Homes 5.3
Other 0.0

Home Size

SIZE OF Aberdeen HOMES
No Bedroom 3.18
1 Bedroom 10.33
2 Bedrooms 32.75
3 Bedrooms 37.71
4 Bedrooms 11.57
5 or more bedrooms 4.46

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Zip Codes in Aberdeen, WA