Duvall, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Duvall Neighborhoods Since 2000




Duvall, 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

Duvall Housing Market Information

With a population of 7,674, 2,437 total housing units (homes and apartments), and a median house value of $510,179, Duvall house prices are not only among the most expensive in Washington, Duvall 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 Duvall, accounting for 83.34% of the city's housing units. Other types of housing that are prevalent in Duvall include mobile homes or trailers ( 8.41%), large apartment complexes or high rise apartments ( 4.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Duvall. Owner-occupied housing accounts for 81.07% of Duvall's homes, and 80.58% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Duvall 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 Duvall built between 2000 and later ( 34.66%). A lesser amount of the housing stock also hails from before 1939 ( 1.30%).

Duvall Home Appreciation Rates

Appreciation rates for homes in Duvall have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.08%, which ranks in the top 40% nationwide. This equates to an annual average Duvall house appreciation rate of 0.87%.

Appreciation rates are so strong in Duvall that despite a nationwide downturn in the housing market, Duvall real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Duvall appreciation rates continue to be some of the highest in America, at 9.65%, which is higher than appreciation rates in 92.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Duvall. Duvall appreciation rates in the latest quarter were at 2.83%, which equates to an annual appreciation rate of 11.81%.

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

Relative to Washington, our data show that Duvall's latest annual appreciation rate is lower than 50% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$510,179

Duvall, WA HOME PRICES

Value Range
> $1,352,000 0.8
$1,014,001 - $1,352,000 2.6
$676,001 - $1,014,000 21.4
$541,001 - $676,000 20.4
$406,001 - $541,000 29.4
$270,001 - $406,000 14.6
$135,001 - $270,000 3.1
$68,001 - $135,000 2.2
$0 - $68,000 5.5

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
5.70139458572601 10.6382978723404

Number Of Homes And Apartments:
2,437

Duvall 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
76.12% 3.34% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,156 / per month

Homeownership Rate

Homeownership
Owners 81.07
Renters 18.93
Vacant 0.98

Housing Market Details

 

Age of Homes

AGE OF Duvall HOMES
2000 or Newer 34.7
1970 - 1999 64.0
1940 - 1969 0.0
1939 or Older 1.3

Types of Homes

TYPE OF Duvall HOMES
Single-Family 83.3
Townhomes 0.7
Small Apt. Buildings 3.3
Apt. Complexes 4.3
Mobile Homes 8.4
Other 0.0

Home Size

SIZE OF Duvall HOMES
No Bedroom 0.85
1 Bedroom 0.00
2 Bedrooms 8.45
3 Bedrooms 46.24
4 Bedrooms 34.34
5 or more bedrooms 10.12