Woodland, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Woodland Neighborhoods Since 2000




Woodland, WA Real Estate Data


Woodland Housing Market Information

With 5,842 people, 1,674 houses or apartments, and a median cost of homes of $305,009, Woodland real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Woodland, accounting for 70.44% of the city's housing units. Other types of housing that are prevalent in Woodland include large apartment complexes or high rise apartments ( 10.89%), duplexes, homes converted to apartments or other small apartment buildings ( 9.75%), and a few mobile homes or trailers ( 7.73%).

The most prevalent building size and type in Woodland are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.21% owning and 40.79% renting.

There is a lot of housing in Woodland 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 Woodland built between 2000 and later ( 25.62%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.29%). There's also some housing in Woodland built before 1939 ( 10.58%).

Vacant housing appears to be an issue in Woodland. Fully 13.17% of the housing stock is classified as vacant. Left unchecked, vacant Woodland homes and apartments can be a drag on the real estate market, holding Woodland real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Woodland Home Appreciation Rates

Real estate appreciation rates in Woodland's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.43% during the period.

Appreciation rates are so strong in Woodland that despite a nationwide downturn in the housing market, Woodland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Woodland appreciation rates continue to be some of the highest in America, at 12.95%, which is higher than appreciation rates in 97.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Woodland. Woodland appreciation rates in the latest quarter were at 3.85%, which equates to an annual appreciation rate of 16.31%.

Importantly, this makes Woodland 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 Woodland's latest annual appreciation rate is higher than 80% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$305,009

Woodland, WA HOME PRICES

Value Range
> $1,336,000 1.6
$1,002,001 - $1,336,000 2.0
$668,001 - $1,002,000 2.1
$534,001 - $668,000 6.3
$401,001 - $534,000 14.6
$267,001 - $401,000 24.3
$134,001 - $267,000 37.1
$67,001 - $134,000 3.1
$0 - $67,000 9.0

High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
15.7271768428454 36.1702127659575

Number Of Homes And Apartments:
1,674

Rent & Ownership

 

Average Market Rent:
$882 / per month

Homeownership Rate

Homeownership
Owners 59.21
Renters 40.79
Vacant 13.17

Housing Market Details

 

Age of Homes

AGE OF Woodland HOMES
2000 or Newer 25.6
1970 - 1999 44.5
1940 - 1969 19.3
1939 or Older 10.6

Types of Homes

TYPE OF Woodland HOMES
Single-Family 70.4
Townhomes 1.2
Small Apt. Buildings 9.8
Apt. Complexes 10.9
Mobile Homes 7.7
Other 0.0

Home Size

SIZE OF Woodland HOMES
No Bedroom 0.00
1 Bedroom 8.14
2 Bedrooms 21.84
3 Bedrooms 49.43
4 Bedrooms 14.99
5 or more bedrooms 5.60

Woodland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
58.60% 2.71% 3 7
* 10 is highest

Popular Neighborhoods in Woodland

Popular Communities Near Woodland, WA

Zip Codes in Woodland, WA