Roy, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Roy Neighborhoods Since 2000




Roy, 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

Roy Housing Market Information

With a population of 806, 240 total housing units (homes and apartments), and a median house value of $327,854, real estate costs in Roy are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities.

Single-family detached homes are the single most common housing type in Roy, accounting for 82.73% of the city's housing units. Other types of housing that are prevalent in Roy include mobile homes or trailers ( 9.71%), duplexes, homes converted to apartments or other small apartment buildings ( 2.88%).

The most prevalent building size and type in Roy are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.17% owning and 40.83% renting.

There is a lot of housing in Roy 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 Roy built before 1939 ( 15.47%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.99%). There's also some housing in Roy built between 2000 and later ( 8.27%).

Vacant housing appears to be an issue in Roy. Fully 13.67% of the housing stock is classified as vacant. Left unchecked, vacant Roy homes and apartments can be a drag on the real estate market, holding Roy 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.

Roy Home Appreciation Rates

Real estate appreciation rates in Roy's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.42% during the period.

Appreciation rates are so strong in Roy that despite a nationwide downturn in the housing market, Roy real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Roy appreciation rates continue to be some of the highest in America, at 10.55%, which is higher than appreciation rates in 95.22% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Roy. Roy appreciation rates in the latest quarter were at 2.83%, which equates to an annual appreciation rate of 11.81%.

Importantly, this makes Roy one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Washington, our data show that Roy's latest annual appreciation rate is higher than 60% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$327,854

Roy, WA HOME PRICES

Value Range
> $1,260,000 2.8
$945,001 - $1,260,000 1.1
$630,001 - $945,000 7.5
$504,001 - $630,000 5.6
$378,001 - $504,000 24.4
$252,001 - $378,000 20.0
$126,001 - $252,000 27.6
$63,001 - $126,000 8.1
$0 - $63,000 2.7

High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
13.8931208250322 32.2695035460993

Number Of Homes And Apartments:
240

Roy 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
67.08% 3.02% 5 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,722 / per month

Homeownership Rate

Homeownership
Owners 59.17
Renters 40.83
Vacant 13.67

Housing Market Details

 

Age of Homes

AGE OF Roy HOMES
2000 or Newer 8.3
1970 - 1999 67.3
1940 - 1969 9.0
1939 or Older 15.5

Types of Homes

TYPE OF Roy HOMES
Single-Family 82.7
Townhomes 0.0
Small Apt. Buildings 2.9
Apt. Complexes 0.0
Mobile Homes 9.7
Other 4.7

Home Size

SIZE OF Roy HOMES
No Bedroom 0.00
1 Bedroom 7.19
2 Bedrooms 21.22
3 Bedrooms 47.48
4 Bedrooms 23.02
5 or more bedrooms 1.08

Popular Neighborhoods in Roy

Zip Codes in Roy, WA