Sunnyside, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Sunnyside, WA Real Estate Data


Sunnyside Housing Market Information

With a population of 16,325, 4,257 total housing units (homes and apartments), and a median house value of $137,311, house prices in Sunnyside are solidly below the national average.

Single-family detached homes are the single most common housing type in Sunnyside, accounting for 61.56% of the city's housing units. Other types of housing that are prevalent in Sunnyside include duplexes, homes converted to apartments or other small apartment buildings ( 14.37%), mobile homes or trailers ( 11.95%), and a few large apartment complexes or high rise apartments ( 10.85%).

The most prevalent building size and type in Sunnyside are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.18% owning and 45.82% renting.

There is a lot of housing in Sunnyside 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 Sunnyside built between 1940-1969 ( 36.34%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.97%). There's also some housing in Sunnyside built before 1939 ( 4.81%).

Sunnyside Home Appreciation Rates

Appreciation rates for homes in Sunnyside have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.38%, which ranks in the top 40% nationwide. This equates to an annual average Sunnyside house appreciation rate of 0.90%.

Appreciation rates are so strong in Sunnyside that despite a nationwide downturn in the housing market, Sunnyside real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sunnyside appreciation rates continue to be some of the highest in America, at 8.70%, which is higher than appreciation rates in 94.66% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sunnyside. Sunnyside appreciation rates in the latest quarter were at 2.38%, which equates to an annual appreciation rate of 9.85%.

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

Average Home Values

 

Median Home Value:
$137,311

Sunnyside, WA HOME PRICES

Value Range
> $1,143,000 0.0
$858,001 - $1,143,000 0.0
$572,001 - $858,000 0.0
$457,001 - $572,000 3.9
$343,001 - $457,000 0.5
$229,001 - $343,000 9.1
$115,001 - $229,000 45.6
$57,001 - $115,000 26.8
$0 - $57,000 14.0

Very Low for WA
Average for Nation

Value Relative to Nation Value Relative to State
57.0357791181121 93.9716312056738

Number Of Homes And Apartments:
4,257

Rent & Ownership

 

Average Market Rent:
$862 / per month

Homeownership Rate

Homeownership
Owners 54.18
Renters 45.82
Vacant 4.74

Housing Market Details

 

Age of Homes

AGE OF Sunnyside HOMES
2000 or Newer 9.0
1970 - 1999 49.9
1940 - 1969 36.3
1939 or Older 4.8

Types of Homes

TYPE OF Sunnyside HOMES
Single-Family 61.6
Townhomes 1.3
Small Apt. Buildings 14.4
Apt. Complexes 10.9
Mobile Homes 11.9
Other 0.0

Home Size

SIZE OF Sunnyside HOMES
No Bedroom 2.86
1 Bedroom 10.92
2 Bedrooms 30.70
3 Bedrooms 40.08
4 Bedrooms 12.53
5 or more bedrooms 2.91

Sunnyside Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
34.27% 1.75% 1 4
* 10 is highest

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Zip Codes in Sunnyside, WA