Washougal, WA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Washougal, WA Housing Market Trends

With 16,107 people, 5,815 houses or apartments, and a median cost of homes of $392,469, real estate costs in Washougal are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities.

Single-family detached homes are the single most common housing type in Washougal, accounting for 77.43% of the city's housing units. Other types of housing that are prevalent in Washougal include duplexes, homes converted to apartments or other small apartment buildings ( 9.72%), large apartment complexes or high rise apartments ( 4.59%), and a few mobile homes or trailers ( 4.56%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Washougal. Owner-occupied housing accounts for 76.14% of Washougal's homes, and 70.01% have either three or four bedrooms, which is average sized relative to America.

Washougal homes and real estate are some of the newest in America. 42.26% of Washougal'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 Washougal real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.30%), and between 1940-1969 ( 12.90%). There's also some housing in Washougal built before 1939 ( 6.55%).

Washougal Home Appreciation Rates

In the last 10 years, Washougal has experienced some of the highest home appreciation rates of any community in the nation. Washougal real estate appreciated 81.14% over the last ten years, which is an average annual home appreciation rate of 6.12%, putting Washougal in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Washougal definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Washougal's appreciation rate, at 5.41%, has been at or slightly above the national average. In the latest quarter, Washougal's appreciation rate has been 2.14%, which annualizes to a rate of 8.86%.

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

Average Home Values

 
info

Median Home Value:
$392,469

Washougal, WA HOME PRICES

> $1,244,000
0.4%
0.4%
$934,001 - $1,244,000
2.8%
2.8%
$622,001 - $934,000
8.9%
8.9%
$498,001 - $622,000
13.0%
13.0%
$373,001 - $498,000
28.2%
28.2%
$249,001 - $373,000
30.7%
30.7%
$124,001 - $249,000
10.7%
10.7%
$62,001 - $124,000
0.7%
0.7%
$0 - $62,000
4.5%
4.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for WA

Value Relative To Nation

Number Of Homes And Apartments:
5,815

Washougal Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
132.73% 4.10%
6
10
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,827 / per month

Homeownership Rate

Owners
76.1%
76.1%
Renters
23.9%
23.9%
Vacant
6.0%
6.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
42.3%
42.3%
1970 - 1999
38.3%
38.3%
1940 - 1969
12.9%
12.9%
1939 or Older
6.5%
6.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
77.4%
77.4%
Townhomes
3.7%
3.7%
Small Apt. Buildings
9.7%
9.7%
Apt. Complexes
4.6%
4.6%
Mobile Homes
4.6%
4.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.6%
0.6%
1 Bedroom
1.9%
1.9%
2 Bedrooms
23.4%
23.4%
3 Bedrooms
46.2%
46.2%
4 Bedrooms
23.8%
23.8%
5 or more bedrooms
4.1%
4.1%
0.0% 100.0%
% OF HOMES