Kettle Falls, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Kettle Falls, 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

Kettle Falls Housing Market Information

With a population of 1,597, 668 total housing units (homes and apartments), and a median house value of $194,976, Kettle Falls real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Kettle Falls, accounting for 68.89% of the city's housing units. Other types of housing that are prevalent in Kettle Falls include large apartment complexes or high rise apartments ( 19.02%), mobile homes or trailers ( 5.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.16%).

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

There is a lot of housing in Kettle Falls 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 Kettle Falls built between 1940-1969 ( 23.91%). A lesser amount of the housing stock also hails from before 1939 ( 10.87%). There's also some housing in Kettle Falls built between 2000 and later ( 8.29%).

Kettle Falls Home Appreciation Rates

Appreciation rates for homes in Kettle Falls have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.19%, which ranks in the top 50% nationwide. This equates to an annual average Kettle Falls house appreciation rate of 0.31%.

Appreciation rates are so strong in Kettle Falls that despite a nationwide downturn in the housing market, Kettle Falls real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kettle Falls appreciation rates continue to be some of the highest in America, at 6.91%, which is higher than appreciation rates in 80.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kettle Falls. Kettle Falls appreciation rates in the latest quarter were at 0.21%, which equates to an annual appreciation rate of 0.83%.

Relative to Washington, our data show that Kettle Falls's latest annual appreciation rate is lower than 70% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$194,976

Kettle Falls, WA HOME PRICES

Value Range
> $1,116,000 0.4
$837,001 - $1,116,000 0.0
$558,001 - $837,000 3.1
$447,001 - $558,000 6.9
$335,001 - $447,000 8.9
$223,001 - $335,000 20.1
$112,001 - $223,000 35.2
$56,001 - $112,000 17.2
$0 - $56,000 8.4

Low for WA
High for Nation

Value Relative to Nation Value Relative to State
33.499355443572 74.113475177305

Number Of Homes And Apartments:
668

Kettle Falls 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
67.84% 3.05% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$878 / per month

Homeownership Rate

Homeownership
Owners 59.12
Renters 40.88
Vacant 9.24

Housing Market Details

 

Age of Homes

AGE OF Kettle Falls HOMES
2000 or Newer 8.3
1970 - 1999 56.9
1940 - 1969 23.9
1939 or Older 10.9

Types of Homes

TYPE OF Kettle Falls HOMES
Single-Family 68.9
Townhomes 0.0
Small Apt. Buildings 5.2
Apt. Complexes 19.0
Mobile Homes 5.7
Other 1.2

Home Size

SIZE OF Kettle Falls HOMES
No Bedroom 5.84
1 Bedroom 10.05
2 Bedrooms 32.61
3 Bedrooms 37.91
4 Bedrooms 10.33
5 or more bedrooms 3.26

Popular Neighborhoods in Kettle Falls

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Zip Codes in Kettle Falls, WA