Kelso, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Kelso Neighborhoods Since 2000




Kelso, 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

Kelso Housing Market Information

With 11,901 people, 4,374 houses or apartments, and a median cost of homes of $139,269, house prices in Kelso are solidly below the national average.

Single-family detached homes are the single most common housing type in Kelso, accounting for 56.73% of the city's housing units. Other types of housing that are prevalent in Kelso include large apartment complexes or high rise apartments ( 16.03%), duplexes, homes converted to apartments or other small apartment buildings ( 15.09%), and a few mobile homes or trailers ( 9.61%).

People in Kelso primarily live in small (one, two or no bedroom) single-family detached homes. Kelso has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Kelso's housing was primarily built during this period, from the '40s through the '60s. A full 39.36% of the city's housing hails from this era. Other housing ages represented in Kelso include homes built between 1970-1999 ( 31.60%) and housing constructed before 1939 ( 19.30%). There's also some housing in Kelso built between 2000 and later ( 9.73%).

Kelso Home Appreciation Rates

Real estate appreciation rates in Kelso's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.59% during the period.

Appreciation rates are so strong in Kelso that despite a nationwide downturn in the housing market, Kelso real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kelso appreciation rates continue to be some of the highest in America, at 13.47%, which is higher than appreciation rates in 98.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kelso. Kelso appreciation rates in the latest quarter were at 1.17%, which equates to an annual appreciation rate of 4.75%.

Relative to Washington, our data show that Kelso'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 Kelso differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kelso - 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 Kelso real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$139,269

Kelso, WA HOME PRICES

Value Range
> $1,230,000 0.4
$922,001 - $1,230,000 0.5
$615,001 - $922,000 0.4
$492,001 - $615,000 0.4
$369,001 - $492,000 3.8
$246,001 - $369,000 16.1
$123,001 - $246,000 47.3
$62,001 - $123,000 19.2
$0 - $62,000 12.0

Very Low for WA
Average for Nation

Value Relative to Nation Value Relative to State
55.097855384976 95.0354609929078

Number Of Homes And Apartments:
4,374

Kelso 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
39.44% 1.95% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$956 / per month

Homeownership Rate

Homeownership
Owners 44.78
Renters 55.22
Vacant 7.04

Housing Market Details

 

Age of Homes

AGE OF Kelso HOMES
2000 or Newer 9.7
1970 - 1999 31.6
1940 - 1969 39.4
1939 or Older 19.3

Types of Homes

TYPE OF Kelso HOMES
Single-Family 56.7
Townhomes 2.6
Small Apt. Buildings 15.1
Apt. Complexes 16.0
Mobile Homes 9.6
Other 0.0

Home Size

SIZE OF Kelso HOMES
No Bedroom 1.85
1 Bedroom 8.71
2 Bedrooms 43.46
3 Bedrooms 36.00
4 Bedrooms 5.67
5 or more bedrooms 4.29