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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 37,487, 14,291 total housing units (homes and apartments), and a median house value of $856,552, Issaquah house prices are not only among the most expensive in Washington, Issaquah 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 Issaquah, accounting for 39.56% of the city's housing units. Other types of housing that are prevalent in Issaquah include large apartment complexes or high rise apartments ( 38.00%), row houses and other attached homes ( 16.05%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.34%).
The most prevalent building size and type in Issaquah are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.27% owning and 40.73% renting.
Issaquah homes and real estate are some of the newest in America. 47.34% of Issaquah's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Issaquah real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.46%), and between 1940-1969 ( 6.74%). There's also some housing in Issaquah built before 1939 ( 2.47%).
In the last 10 years, Issaquah has experienced some of the highest home appreciation rates of any community in the nation. Issaquah real estate appreciated 54.92% over the last ten years, which is an average annual home appreciation rate of 4.47%, putting Issaquah in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Issaquah definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Issaquah that despite a nationwide downturn in the housing market, Issaquah real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Issaquah appreciation rates continue to be some of the highest in America, at 13.74%, which is higher than appreciation rates in 99.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Issaquah. Issaquah appreciation rates in the latest quarter were at 5.12%, which equates to an annual appreciation rate of 22.13%.
Importantly, NeighborhoodScout’s exclusive research found that Issaquah's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Washington, our data show that Issaquah's latest annual appreciation rate is higher than 90% 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 city. Individual neighborhoods within Issaquah differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Issaquah - 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 Issaquah real estate investment or home purchase decisions.
|$1,195,001 - $1,594,000||14.0|
|$797,001 - $1,195,000||30.2|
|$638,001 - $797,000||17.5|
|$478,001 - $638,000||10.3|
|$319,001 - $478,000||10.3|
|$159,001 - $319,000||7.1|
|$80,001 - $159,000||0.3|
|$0 - $80,000||1.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
2000 Q1 - 2018 Q3
|* 10 is highest|
|AGE OF Issaquah HOMES|
|2000 or Newer||47.3|
|1970 - 1999||43.5|
|1940 - 1969||6.7|
|1939 or Older||2.5|
|TYPE OF Issaquah HOMES|
|Small Apt. Buildings||6.3|
|SIZE OF Issaquah HOMES|
|5 or more bedrooms||5.43|