Woodinville, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Woodinville Neighborhoods Since 2000




Woodinville, 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

Woodinville Housing Market Information

With 11,782 people, 4,744 houses or apartments, and a median cost of homes of $546,594, Woodinville house prices are not only among the most expensive in Washington, Woodinville 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 Woodinville, accounting for 55.20% of the city's housing units. Other types of housing that are prevalent in Woodinville include large apartment complexes or high rise apartments ( 32.47%), row houses and other attached homes ( 5.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.41%).

The most prevalent building size and type in Woodinville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.86% owning and 39.14% renting.

There is a lot of housing in Woodinville 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 Woodinville built between 2000 and later ( 28.49%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.34%). There's also some housing in Woodinville built before 1939 ( 2.06%).

Woodinville Home Appreciation Rates

In the last 10 years, Woodinville has experienced some of the highest home appreciation rates of any community in the nation. Woodinville real estate appreciated 20.13% over the last ten years, which is an average annual home appreciation rate of 1.85%, putting Woodinville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Woodinville 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 Woodinville that despite a nationwide downturn in the housing market, Woodinville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Woodinville appreciation rates continue to be some of the highest in America, at 12.24%, which is higher than appreciation rates in 97.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Woodinville. Woodinville appreciation rates in the latest quarter were at 2.83%, which equates to an annual appreciation rate of 11.81%.

Importantly, this makes Woodinville 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 Woodinville's latest annual appreciation rate is higher than 70% 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 Woodinville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Woodinville - 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 Woodinville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$546,594

Woodinville, WA HOME PRICES

Value Range
> $1,377,000 3.0
$1,033,001 - $1,377,000 4.0
$689,001 - $1,033,000 26.6
$551,001 - $689,000 20.3
$413,001 - $551,000 18.3
$275,001 - $413,000 6.7
$138,001 - $275,000 15.8
$69,001 - $138,000 4.2
$0 - $69,000 1.3

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
4.7872963787648 8.15602836879433

Number Of Homes And Apartments:
4,744

Woodinville 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
101.30% 4.14% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,087 / per month

Homeownership Rate

Homeownership
Owners 60.86
Renters 39.14
Vacant 7.76

Housing Market Details

 

Age of Homes

AGE OF Woodinville HOMES
2000 or Newer 28.5
1970 - 1999 63.1
1940 - 1969 6.3
1939 or Older 2.1

Types of Homes

TYPE OF Woodinville HOMES
Single-Family 55.2
Townhomes 6.0
Small Apt. Buildings 4.4
Apt. Complexes 32.5
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Woodinville HOMES
No Bedroom 1.44
1 Bedroom 18.76
2 Bedrooms 22.20
3 Bedrooms 25.67
4 Bedrooms 27.67
5 or more bedrooms 4.26