Carson, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Carson, WA Real Estate Data


Carson Housing Market Information

With a population of 2,338, 862 total housing units (homes and apartments), and a median house value of $247,789, Carson real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Carson, accounting for 60.34% of the town's housing units. Other types of housing that are prevalent in Carson include mobile homes or trailers ( 28.36%), duplexes, homes converted to apartments or other small apartment buildings ( 9.49%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Carson. Owner-occupied housing accounts for 75.17% of Carson's homes, and 55.40% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Carson 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 Carson built between 2000 and later ( 23.81%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.37%). There's also some housing in Carson built before 1939 ( 6.16%).

Vacant housing appears to be an issue in Carson. Fully 13.02% of the housing stock is classified as vacant. Left unchecked, vacant Carson homes and apartments can be a drag on the real estate market, holding Carson 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.

Carson Home Appreciation Rates

Appreciation rates for homes in Carson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.41%, which ranks in the top 40% nationwide. This equates to an annual average Carson house appreciation rate of 0.81%.

Appreciation rates are so strong in Carson that despite a nationwide downturn in the housing market, Carson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Carson appreciation rates continue to be some of the highest in America, at 7.04%, which is higher than appreciation rates in 85.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Carson. Carson appreciation rates in the latest quarter were at 4.15%, which equates to an annual appreciation rate of 17.68%.

Importantly, this makes Carson 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 Carson's latest annual appreciation rate is lower than 60% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$247,789

Carson, WA HOME PRICES

Value Range
> $1,249,000 1.2
$936,001 - $1,249,000 0.4
$625,001 - $936,000 1.1
$500,001 - $625,000 4.0
$374,001 - $500,000 13.4
$250,001 - $374,000 28.8
$125,001 - $250,000 27.6
$62,001 - $125,000 6.1
$0 - $62,000 17.5

Average for WA
High for Nation

Value Relative to Nation Value Relative to State
23.5521461615038 55.3191489361702

Number Of Homes And Apartments:
862

Rent & Ownership

 

Average Market Rent:
$915 / per month

Homeownership Rate

Homeownership
Owners 75.17
Renters 24.83
Vacant 13.02

Housing Market Details

 

Age of Homes

AGE OF Carson HOMES
2000 or Newer 23.8
1970 - 1999 51.7
1940 - 1969 18.4
1939 or Older 6.2

Types of Homes

TYPE OF Carson HOMES
Single-Family 60.3
Townhomes 0.0
Small Apt. Buildings 9.5
Apt. Complexes 0.0
Mobile Homes 28.4
Other 1.8

Home Size

SIZE OF Carson HOMES
No Bedroom 2.72
1 Bedroom 10.70
2 Bedrooms 27.65
3 Bedrooms 47.93
4 Bedrooms 7.47
5 or more bedrooms 3.53

Carson 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
77.49% 3.43% 8 9
* 10 is highest

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Zip Codes in Carson, WA