Sammamish, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Sammamish, 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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Sammamish Housing Market Information

With a population of 64,548, 20,855 total housing units (homes and apartments), and a median house value of $955,505, Sammamish house prices are not only among the most expensive in Washington, Sammamish real estate also is some of the most expensive in all of America.

Sammamish is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Sammamish than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sammamish. Owner-occupied housing accounts for 86.27% of Sammamish's homes, and 75.91% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sammamish 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 Sammamish built between 2000 and later ( 26.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.91%). There's also some housing in Sammamish built before 1939 ( 1.15%).

Sammamish Home Appreciation Rates

In the last 10 years, Sammamish has experienced some of the highest home appreciation rates of any community in the nation. Sammamish real estate appreciated 56.47% over the last ten years, which is an average annual home appreciation rate of 4.58%, putting Sammamish in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sammamish definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Sammamish appreciation rates have trailed the rest of the nation. In the last twelve months, Sammamish's appreciation rate has been 2.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sammamish were at -0.23%, which equates to an annual appreciation rate of -0.93%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Sammamish differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sammamish - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sammamish real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$955,505

Sammamish, WA HOME PRICES

Value Range
> $1,359,000 12.7
$1,020,001 - $1,359,000 26.7
$680,001 - $1,020,000 37.9
$544,001 - $680,000 10.5
$408,001 - $544,000 5.7
$272,001 - $408,000 3.9
$136,001 - $272,000 1.8
$68,001 - $136,000 0.1
$0 - $68,000 0.8

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
1.41897810218978 1.76678445229682

Number Of Homes And Apartments:
20,855

Sammamish Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
149.46% 4.86%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,265 / per month

Homeownership Rate

Homeownership
Owners 86.27
Renters 13.73
Vacant 2.63

Housing Market Details

 

Age of Homes

AGE OF Sammamish HOMES
2000 or Newer 27.0
1970 - 1999 68.0
1940 - 1969 3.9
1939 or Older 1.2

Types of Homes

TYPE OF Sammamish HOMES
Single-Family 84.8
Townhomes 5.0
Small Apt. Buildings 1.4
Apt. Complexes 8.7
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Sammamish HOMES
No Bedroom 0.65
1 Bedroom 2.26
2 Bedrooms 10.03
3 Bedrooms 33.85
4 Bedrooms 42.07
5 or more bedrooms 11.14