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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Sammamish Housing Market Information

With 65,892 people, 21,218 houses or apartments, and a median cost of homes of $988,956, 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 85.65% of Sammamish's homes, and 75.10% 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 ( 29.18%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.06%).

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 84.08% over the last ten years, which is an average annual home appreciation rate of 6.29%, 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 3.77%, 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 2.15%, which equates to an annual appreciation rate of 8.89%.

Importantly, this makes Sammamish 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 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:
$988,956

Sammamish, WA HOME PRICES

Value Range
> $1,283,000 20.4
$962,001 - $1,283,000 30.2
$642,001 - $962,000 32.2
$514,001 - $642,000 7.5
$385,001 - $514,000 5.2
$257,001 - $385,000 2.7
$128,001 - $257,000 1.1
$64,001 - $128,000 0.1
$0 - $64,000 0.5

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
1.3956204379562 1.76678445229682

Number Of Homes And Apartments:
21,218

Sammamish Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
161.30% 4.74%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,789 / per month

Homeownership Rate

Homeownership
Owners 85.65
Renters 14.35
Vacant 3.08

Housing Market Details

 

Age of Homes

AGE OF Sammamish HOMES
2000 or Newer 29.2
1970 - 1999 66.9
1940 - 1969 3.1
1939 or Older 0.9

Types of Homes

TYPE OF Sammamish HOMES
Single-Family 84.5
Townhomes 5.2
Small Apt. Buildings 1.5
Apt. Complexes 8.6
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Sammamish HOMES
No Bedroom 0.79
1 Bedroom 2.05
2 Bedrooms 10.01
3 Bedrooms 33.08
4 Bedrooms 42.02
5 or more bedrooms 12.05