Snoqualmie, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Snoqualmie Neighborhoods Since 2000




Snoqualmie, 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

Snoqualmie Housing Market Information

With a population of 13,169, 4,009 total housing units (homes and apartments), and a median house value of $650,199, Snoqualmie house prices are not only among the most expensive in Washington, Snoqualmie real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Snoqualmie, accounting for 83.35% of the city's housing units. Other types of housing that are prevalent in Snoqualmie include row houses and other attached homes ( 8.38%), large apartment complexes or high rise apartments ( 3.59%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.57%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Snoqualmie. Owner-occupied housing accounts for 78.47% of Snoqualmie's homes, and 75.24% have either three or four bedrooms, which is average sized relative to America.

Snoqualmie homes and real estate are some of the newest in America. 76.89% of Snoqualmie's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Snoqualmie real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 12.45%), and before 1939 ( 6.89%). There's also some housing in Snoqualmie built between 1940-1969 ( 3.76%).

Snoqualmie Home Appreciation Rates

Appreciation rates for homes in Snoqualmie have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.02%, which ranks in the top 40% nationwide. This equates to an annual average Snoqualmie house appreciation rate of 0.87%.

Appreciation rates are so strong in Snoqualmie that despite a nationwide downturn in the housing market, Snoqualmie real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Snoqualmie appreciation rates continue to be some of the highest in America, at 9.32%, which is higher than appreciation rates in 91.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Snoqualmie. Snoqualmie appreciation rates in the latest quarter were at 2.83%, which equates to an annual appreciation rate of 11.81%.

Importantly, this makes Snoqualmie 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 Snoqualmie's latest annual appreciation rate is lower than 50% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$650,199

Snoqualmie, WA HOME PRICES

Value Range
> $1,382,000 2.8
$1,036,001 - $1,382,000 3.3
$691,001 - $1,036,000 28.6
$553,001 - $691,000 26.4
$415,001 - $553,000 23.2
$277,001 - $415,000 10.5
$138,001 - $277,000 2.8
$69,001 - $138,000 1.4
$0 - $69,000 1.0

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
3.15832649712879 3.90070921985816

Number Of Homes And Apartments:
4,009

Snoqualmie 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
81.14% 3.50% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,978 / per month

Homeownership Rate

Homeownership
Owners 78.47
Renters 21.53
Vacant 2.67

Housing Market Details

 

Age of Homes

AGE OF Snoqualmie HOMES
2000 or Newer 76.9
1970 - 1999 12.5
1940 - 1969 3.8
1939 or Older 6.9

Types of Homes

TYPE OF Snoqualmie HOMES
Single-Family 83.3
Townhomes 8.4
Small Apt. Buildings 3.6
Apt. Complexes 3.6
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Snoqualmie HOMES
No Bedroom 1.17
1 Bedroom 1.87
2 Bedrooms 13.84
3 Bedrooms 45.59
4 Bedrooms 29.64
5 or more bedrooms 7.89

Popular Neighborhoods in Snoqualmie

Zip Codes in Snoqualmie, WA