Graham WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Graham, 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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Graham Housing Market Information

With 24,676 people, 8,992 houses or apartments, and a median cost of homes of $322,677, Graham real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Graham, accounting for 75.52% of the town's housing units. Other types of housing that are prevalent in Graham include mobile homes or trailers ( 18.84%), row houses and other attached homes ( 2.49%), and a few large apartment complexes or high rise apartments ( 2.11%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Graham. Owner-occupied housing accounts for 84.41% of Graham's homes, and 81.25% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Graham 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 Graham built between 2000 and later ( 41.34%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.25%). There's also some housing in Graham built before 1939 ( 1.25%).

Graham Home Appreciation Rates

Appreciation rates for homes in Graham have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 38.68%, which ranks in the top 30% nationwide. This equates to an annual average Graham house appreciation rate of 3.32%.

Over the last year, Graham appreciation rates have trailed the rest of the nation. In the last twelve months, Graham's appreciation rate has been 2.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Graham were at 0.95%, which equates to an annual appreciation rate of 3.86%.

Relative to Washington, our data show that Graham's latest annual appreciation rate is lower 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 town. Individual neighborhoods within Graham differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Graham - 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 Graham real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$322,677

Graham, WA HOME PRICES

Value Range
> $1,254,000 0.9
$940,001 - $1,254,000 0.8
$627,001 - $940,000 4.3
$501,001 - $627,000 7.6
$376,001 - $501,000 20.8
$250,001 - $376,000 40.8
$125,001 - $250,000 15.6
$63,001 - $125,000 3.6
$0 - $63,000 5.6

Average for WA
Very High for Nation

Value Relative to Nation Value Relative to State
17.7810218978102 46.643109540636

Number Of Homes And Apartments:
8,992

Graham Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
99.33% 3.51%
3
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,616 / per month

Homeownership Rate

Homeownership
Owners 84.41
Renters 15.59
Vacant 5.43

Housing Market Details

 

Age of Homes

AGE OF Graham HOMES
2000 or Newer 41.3
1970 - 1999 52.2
1940 - 1969 5.2
1939 or Older 1.3

Types of Homes

TYPE OF Graham HOMES
Single-Family 75.5
Townhomes 2.5
Small Apt. Buildings 0.9
Apt. Complexes 2.1
Mobile Homes 18.8
Other 0.1

Home Size

SIZE OF Graham HOMES
No Bedroom 1.19
1 Bedroom 0.53
2 Bedrooms 11.90
3 Bedrooms 54.76
4 Bedrooms 26.48
5 or more bedrooms 5.14