Issaquah, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Issaquah, 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 Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Issaquah Housing Market Information

With 37,322 people, 14,291 houses or apartments, and a median cost of homes of $813,113, 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%).

Issaquah Home Appreciation Rates

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 43.66% over the last ten years, which is an average annual home appreciation rate of 3.69%, 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 11.60%, which is higher than appreciation rates in 97.85% 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 3.10%, which equates to an annual appreciation rate of 12.99%.

Importantly, this makes Issaquah 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 Issaquah's latest annual appreciation rate is higher 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 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.

Average Home Values

 

Median Home Value:
$813,113

Issaquah, WA HOME PRICES

Value Range
> $1,513,000 9.0
$1,135,001 - $1,513,000 14.0
$757,001 - $1,135,000 30.2
$605,001 - $757,000 17.5
$454,001 - $605,000 10.3
$303,001 - $454,000 10.3
$151,001 - $303,000 7.1
$76,001 - $151,000 0.3
$0 - $76,000 1.3

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
2.15474452554745 3.18021201413428

Number Of Homes And Apartments:
14,291

Issaquah Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2018 Q1 - 2018 Q2
Last 12 Months:
2017 Q2 - 2018 Q2
Last 2 Years:
2016 Q2 - 2018 Q2
Last 5 Years:
2013 Q2 - 2018 Q2
Last 10 Years:
2008 Q2 - 2018 Q2
Since 2000:
2000 Q1 - 2018 Q2
133.86% 4.70%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,361 / per month

Homeownership Rate

Homeownership
Owners 59.27
Renters 40.73
Vacant 4.59

Housing Market Details

 

Age of Homes

AGE OF Issaquah HOMES
2000 or Newer 47.3
1970 - 1999 43.5
1940 - 1969 6.7
1939 or Older 2.5

Types of Homes

TYPE OF Issaquah HOMES
Single-Family 39.6
Townhomes 16.1
Small Apt. Buildings 6.3
Apt. Complexes 38.0
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Issaquah HOMES
No Bedroom 1.36
1 Bedroom 12.73
2 Bedrooms 33.04
3 Bedrooms 30.89
4 Bedrooms 16.55
5 or more bedrooms 5.43