Bothell, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bothell Neighborhoods Since 2000




Bothell, WA Real Estate Data


Bothell Housing Market Information

With 42,939 people, 13,922 houses or apartments, and a median cost of homes of $500,593, Bothell house prices are not only among the most expensive in Washington, Bothell real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Bothell, accounting for 55.66% of the city's housing units. Other types of housing that are prevalent in Bothell include large apartment complexes or high rise apartments ( 27.44%), mobile homes or trailers ( 10.32%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.97%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bothell. Owner-occupied housing accounts for 65.51% of Bothell's homes, and 53.75% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bothell built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bothell built between 2000 and later ( 16.93%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.28%). There's also some housing in Bothell built before 1939 ( 1.35%).

Bothell Home Appreciation Rates

Appreciation rates for homes in Bothell have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 15.55%, which ranks in the top 30% nationwide. This equates to an annual average Bothell house appreciation rate of 1.46%.

Appreciation rates are so strong in Bothell that despite a nationwide downturn in the housing market, Bothell real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bothell appreciation rates continue to be some of the highest in America, at 10.93%, which is higher than appreciation rates in 98.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bothell. Bothell appreciation rates in the latest quarter were at 4.49%, which equates to an annual appreciation rate of 19.19%.

Importantly, NeighborhoodScout’s exclusive research found that Bothell's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Washington, our data show that Bothell's latest annual appreciation rate is higher than 80% of the other cities and towns in Washington.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bothell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bothell - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bothell real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$500,593

Bothell, WA HOME PRICES

Value Range
> $1,426,000 0.4
$1,070,001 - $1,426,000 1.7
$713,001 - $1,070,000 13.2
$571,001 - $713,000 19.3
$428,001 - $571,000 31.5
$285,001 - $428,000 16.8
$143,001 - $285,000 9.0
$71,001 - $143,000 2.2
$0 - $71,000 5.9

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
6.15447678163612 11.7021276595745

Number Of Homes And Apartments:
13,922

Rent & Ownership

 

Average Market Rent:
$2,193 / per month

Homeownership Rate

Homeownership
Owners 65.51
Renters 34.49
Vacant 3.61

Housing Market Details

 

Age of Homes

AGE OF Bothell HOMES
2000 or Newer 16.9
1970 - 1999 65.4
1940 - 1969 16.3
1939 or Older 1.4

Types of Homes

TYPE OF Bothell HOMES
Single-Family 55.7
Townhomes 2.6
Small Apt. Buildings 4.0
Apt. Complexes 27.4
Mobile Homes 10.3
Other 0.0

Home Size

SIZE OF Bothell HOMES
No Bedroom 1.31
1 Bedroom 11.62
2 Bedrooms 26.74
3 Bedrooms 35.09
4 Bedrooms 18.65
5 or more bedrooms 6.58

Bothell Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
89.48% 3.83% 9 10
* 10 is highest