Brush Prairie, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Brush Prairie Neighborhoods Since 2000




Brush Prairie, 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

Brush Prairie Housing Market Information

With 2,731 people, 911 houses or apartments, and a median cost of homes of $410,495, Brush Prairie house prices are not only among the most expensive in Washington, Brush Prairie 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 Brush Prairie, accounting for 82.08% of the town's housing units. Other types of housing that are prevalent in Brush Prairie include mobile homes or trailers ( 17.92%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brush Prairie. Owner-occupied housing accounts for 91.42% of Brush Prairie's homes, and 65.38% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brush Prairie 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 Brush Prairie built between 1940-1969 ( 11.91%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.69%). There's also some housing in Brush Prairie built before 1939 ( 8.15%).

Brush Prairie Home Appreciation Rates

Appreciation rates for homes in Brush Prairie have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.57%, which ranks in the top 40% nationwide. This equates to an annual average Brush Prairie house appreciation rate of 0.45%.

Appreciation rates are so strong in Brush Prairie that despite a nationwide downturn in the housing market, Brush Prairie real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brush Prairie appreciation rates continue to be some of the highest in America, at 10.58%, which is higher than appreciation rates in 95.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brush Prairie. Brush Prairie appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.56%.

Importantly, this makes Brush Prairie one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Washington, our data show that Brush Prairie's latest annual appreciation rate is higher than 60% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$410,495

Brush Prairie, WA HOME PRICES

Value Range
> $1,375,000 1.5
$1,031,001 - $1,375,000 1.0
$687,001 - $1,031,000 5.5
$550,001 - $687,000 10.7
$413,001 - $550,000 28.1
$275,001 - $413,000 28.5
$138,001 - $275,000 16.0
$69,001 - $138,000 1.5
$0 - $69,000 7.3

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
8.96519395288879 16.6666666666667

Number Of Homes And Apartments:
911

Brush Prairie 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
77.38% 3.38% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,618 / per month

Homeownership Rate

Homeownership
Owners 91.42
Renters 8.58
Vacant 7.23

Housing Market Details

 

Age of Homes

AGE OF Brush Prairie HOMES
2000 or Newer 10.7
1970 - 1999 69.2
1940 - 1969 11.9
1939 or Older 8.1

Types of Homes

TYPE OF Brush Prairie HOMES
Single-Family 82.1
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 17.9
Other 0.0

Home Size

SIZE OF Brush Prairie HOMES
No Bedroom 0.00
1 Bedroom 3.46
2 Bedrooms 18.43
3 Bedrooms 46.64
4 Bedrooms 18.74
5 or more bedrooms 12.73

Popular Neighborhoods in Brush Prairie

Zip Codes in Brush Prairie, WA