Graham, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Graham, WA Real Estate Data


Graham Housing Market Information

With a population of 24,676, 8,070 total housing units (homes and apartments), and a median house value of $295,300, 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 76.02% of the town's housing units. Other types of housing that are prevalent in Graham include mobile homes or trailers ( 20.05%), row houses and other attached homes ( 2.06%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.16%).

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 83.86% of Graham's homes, and 84.05% 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 ( 35.83%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.61%). There's also some housing in Graham built before 1939 ( 1.77%).

Graham Home Appreciation Rates

Real estate appreciation rates in Graham's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.62% during the period.

Appreciation rates are so strong in Graham that despite a nationwide downturn in the housing market, Graham real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Graham appreciation rates continue to be some of the highest in America, at 10.18%, which is higher than appreciation rates in 97.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Graham. Graham appreciation rates in the latest quarter were at 4.49%, which equates to an annual appreciation rate of 19.19%.

Importantly, this makes Graham 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 Graham's latest annual appreciation rate is higher than 70% 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:
$295,300

Graham, WA HOME PRICES

Value Range
> $1,301,000 1.0
$975,001 - $1,301,000 0.4
$650,001 - $975,000 2.8
$520,001 - $650,000 3.4
$390,001 - $520,000 14.1
$260,001 - $390,000 40.7
$130,001 - $260,000 28.2
$65,001 - $130,000 2.9
$0 - $65,000 6.6

Average for WA
Very High for Nation

Value Relative to Nation Value Relative to State
17.2981202787375 41.1347517730496

Number Of Homes And Apartments:
8,070

Rent & Ownership

 

Average Market Rent:
$1,783 / per month

Homeownership Rate

Homeownership
Owners 83.86
Renters 16.14
Vacant 6.09

Housing Market Details

 

Age of Homes

AGE OF Graham HOMES
2000 or Newer 35.8
1970 - 1999 55.8
1940 - 1969 6.6
1939 or Older 1.8

Types of Homes

TYPE OF Graham HOMES
Single-Family 76.0
Townhomes 2.1
Small Apt. Buildings 1.2
Apt. Complexes 0.6
Mobile Homes 20.1
Other 0.1

Home Size

SIZE OF Graham HOMES
No Bedroom 0.20
1 Bedroom 1.23
2 Bedrooms 11.04
3 Bedrooms 63.05
4 Bedrooms 20.99
5 or more bedrooms 3.48

Graham 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
60.85% 2.84% 4 7
* 10 is highest