Washington
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest





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 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

Average Home Values

Median Home Value:
$359,980

Number Of Homes And Apartments:
2,696,606

Washington Home Prices

Value Range
> $1,418,280 2.3
$1,063,738 - $1,418,280 3.2
$709,089 - $1,063,737 9.4
$567,219 - $709,088 8.6
$425,493 - $567,218 16.1
$283,663 - $425,492 25.7
$141,858 - $283,662 24.6
$70,954 - $141,857 4.9
$0 - $70,953 5.2

Washington Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q1 - 2018 Q2
4.47% 19.11%
10
Last 12 Months:
2017 Q2 - 2018 Q2
12.24% 12.24%
10
Last 2 Years:
2016 Q2 - 2018 Q2
25.19% 11.89%
10
Last 5 Years:
2013 Q2 - 2018 Q2
59.74% 9.82%
10
Last 10 Years:
2008 Q2 - 2018 Q2
29.41% 2.61%
9
Since 2000:
2000 Q1 - 2018 Q2
135.56% 4.81%
10
* 10 is highest


Rent & Homeownership

Average Market Rent:
$1,836 / 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