Washington
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Washington Real Estate Values & Housing Market 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 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

Average Home Values

Median Home Value:
$349,967

Number Of Homes And Apartments:
2,696,606

Washington Home Prices

Value Range
> $1,379,076 2.3
$1,034,426 - $1,379,076 3.2
$689,246 - $1,034,425 9.4
$551,800 - $689,245 8.6
$413,796 - $551,799 16.1
$275,967 - $413,795 25.7
$137,963 - $275,966 24.6
$68,937 - $137,962 4.9
$0 - $68,936 5.2

Washington Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q4 - 2018 Q1
2.29% 9.48%
10
Last 12 Months:
2017 Q1 - 2018 Q1
11.65% 11.65%
10
Last 2 Years:
2016 Q1 - 2018 Q1
23.95% 11.33%
10
Last 5 Years:
2013 Q1 - 2018 Q1
55.67% 9.26%
10
Last 10 Years:
2008 Q1 - 2018 Q1
21.37% 1.96%
9
Since 2000:
2000 Q1 - 2018 Q1
125.32% 4.62%
10
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,748 / per month

Homeownership Rate

Homeownership
Owners 61.18
Renters 38.82
Vacant 9.11

Housing Details

Age of Homes

AGE OF Washington HOMES
2000 or Newer 19.6
1970 - 1999 47.4
1940 - 1969 22.4
1939 or Older 10.6

Types of Homes

TYPE OF Washington HOMES
Single-Family 63.4
Townhomes 3.7
Small Apt. Buildings 6.2
Apt. Complexes 19.7
Mobile Homes 6.8
Other 0.2

Home Size

SIZE OF Washington HOMES
No Bedroom 2.99
1 Bedroom 11.70
2 Bedrooms 25.96
3 Bedrooms 37.63
4 Bedrooms 17.03
5 or more bedrooms 4.68