Sammamish, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Sammamish Neighborhoods Since 2000




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 Q2 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

Sammamish Housing Market Information

With 52,253 people, 16,201 houses or apartments, and a median cost of homes of $840,207, 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 86.91% of Sammamish's homes, and 75.48% 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 ( 31.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.09%). There's also some housing in Sammamish built before 1939 ( 1.08%).

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 30.98% over the last ten years, which is an average annual home appreciation rate of 2.74%, 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.

Appreciation rates are so strong in Sammamish that despite a nationwide downturn in the housing market, Sammamish real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sammamish appreciation rates continue to be some of the highest in America, at 14.50%, which is higher than appreciation rates in 99.43% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sammamish. Sammamish appreciation rates in the latest quarter were at 5.61%, which equates to an annual appreciation rate of 24.42%.

Importantly, NeighborhoodScout’s exclusive research found that Sammamish's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Washington, our data show that Sammamish's latest annual appreciation rate is higher 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:
$840,207

Sammamish, WA HOME PRICES

Value Range
> $1,475,000 7.5
$1,105,001 - $1,475,000 14.9
$737,001 - $1,105,000 43.0
$590,001 - $737,000 15.7
$442,001 - $590,000 9.2
$295,001 - $442,000 6.3
$147,001 - $295,000 2.0
$74,001 - $147,000 0.2
$0 - $74,000 1.2

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
1.78581884185257 1.77304964539007

Number Of Homes And Apartments:
16,201

Sammamish Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
124.87% 4.74% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,332 / per month

Homeownership Rate

Homeownership
Owners 86.91
Renters 13.09
Vacant 3.06

Housing Market Details

 

Age of Homes

AGE OF Sammamish HOMES
2000 or Newer 32.0
1970 - 1999 61.8
1940 - 1969 5.1
1939 or Older 1.1

Types of Homes

TYPE OF Sammamish HOMES
Single-Family 86.8
Townhomes 4.2
Small Apt. Buildings 1.0
Apt. Complexes 7.4
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Sammamish HOMES
No Bedroom 0.80
1 Bedroom 2.56
2 Bedrooms 9.36
3 Bedrooms 30.70
4 Bedrooms 44.78
5 or more bedrooms 11.81