La Conner, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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La Conner, WA Real Estate Data


La Conner Housing Market Information

With 927 people, 392 houses or apartments, and a median cost of homes of $406,957, La Conner house prices are not only among the most expensive in Washington, La Conner 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 La Conner, accounting for 53.08% of the town's housing units. Other types of housing that are prevalent in La Conner include large apartment complexes or high rise apartments ( 21.59%), duplexes, homes converted to apartments or other small apartment buildings ( 10.57%), and a few row houses and other attached homes ( 9.91%).

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

The housing in La Conner was primarily built before 1939 ( 37.89%), making the housing stock in La Conner some of the oldest overall in America, although there is a range of ages of homes in La Conner. The next most important housing age is between 1970-1999 ( 35.90%), followed by between 2000 and later ( 14.32%). There's also some housing in La Conner built between 1940-1969 ( 11.89%).

Vacant housing appears to be an issue in La Conner. Fully 13.66% of the housing stock is classified as vacant. Left unchecked, vacant La Conner homes and apartments can be a drag on the real estate market, holding La Conner real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

La Conner Home Appreciation Rates

Real estate appreciation rates in La Conner's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.46% during the period.

NeighborhoodScout's data show that during the latest twelve months, La Conner's appreciation rate, at 3.62%, has been at or slightly above the national average. In the latest quarter, La Conner's appreciation rate has been -0.65%, which annualizes to a rate of -2.56%.

Notably, La Conner's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Washington, our data show that La Conner's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$406,957

La Conner, WA HOME PRICES

Value Range
> $1,196,000 0.2
$897,001 - $1,196,000 1.4
$598,001 - $897,000 13.7
$479,001 - $598,000 16.7
$359,001 - $479,000 23.8
$239,001 - $359,000 23.7
$120,001 - $239,000 10.4
$60,001 - $120,000 1.7
$0 - $60,000 8.3

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
8.92417672565335 15.6028368794326

Number Of Homes And Apartments:
392

Rent & Ownership

 

Average Market Rent:
$1,214 / per month

Homeownership Rate

Homeownership
Owners 52.81
Renters 47.19
Vacant 13.66

Housing Market Details

 

Age of Homes

AGE OF La Conner HOMES
2000 or Newer 14.3
1970 - 1999 35.9
1940 - 1969 11.9
1939 or Older 37.9

Types of Homes

TYPE OF La Conner HOMES
Single-Family 53.1
Townhomes 9.9
Small Apt. Buildings 10.6
Apt. Complexes 21.6
Mobile Homes 4.8
Other 0.0

Home Size

SIZE OF La Conner HOMES
No Bedroom 5.07
1 Bedroom 21.81
2 Bedrooms 27.75
3 Bedrooms 37.89
4 Bedrooms 6.61
5 or more bedrooms 0.88

La Conner Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
70.18% 3.13% 6 8
* 10 is highest

Popular Neighborhoods in La Conner

Zip Codes in La Conner, WA