Yelm, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Yelm Neighborhoods Since 2000




Yelm, 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

Yelm Housing Market Information

With a population of 8,434, 2,595 total housing units (homes and apartments), and a median house value of $243,766, Yelm real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Yelm, accounting for 76.04% of the city's housing units. Other types of housing that are prevalent in Yelm include large apartment complexes or high rise apartments ( 10.75%), row houses and other attached homes ( 5.09%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.19%).

The most prevalent building size and type in Yelm are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.57% owning and 46.43% renting.

Yelm homes and real estate are some of the newest in America. 57.52% of Yelm'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 Yelm real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.34%), and between 1940-1969 ( 4.51%). There's also some housing in Yelm built before 1939 ( 1.62%).

Yelm Home Appreciation Rates

Real estate appreciation rates in Yelm's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.51% during the period.

Appreciation rates are so strong in Yelm that despite a nationwide downturn in the housing market, Yelm real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Yelm appreciation rates continue to be some of the highest in America, at 10.67%, which is higher than appreciation rates in 95.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Yelm. Yelm appreciation rates in the latest quarter were at 1.14%, which equates to an annual appreciation rate of 4.65%.

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

Average Home Values

 

Median Home Value:
$243,766

Yelm, WA HOME PRICES

Value Range
> $1,241,000 0.7
$931,001 - $1,241,000 0.0
$621,001 - $931,000 0.9
$497,001 - $621,000 1.3
$373,001 - $497,000 9.2
$248,001 - $373,000 38.7
$124,001 - $248,000 34.9
$62,001 - $124,000 6.6
$0 - $62,000 7.8

Average for WA
High for Nation

Value Relative to Nation Value Relative to State
23.4559943747803 58.5106382978723

Number Of Homes And Apartments:
2,595

Yelm 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
56.31% 2.62% 2 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,412 / per month

Homeownership Rate

Homeownership
Owners 53.57
Renters 46.43
Vacant 6.35

Housing Market Details

 

Age of Homes

AGE OF Yelm HOMES
2000 or Newer 57.5
1970 - 1999 36.3
1940 - 1969 4.5
1939 or Older 1.6

Types of Homes

TYPE OF Yelm HOMES
Single-Family 76.0
Townhomes 5.1
Small Apt. Buildings 4.2
Apt. Complexes 10.8
Mobile Homes 3.9
Other 0.0

Home Size

SIZE OF Yelm HOMES
No Bedroom 2.02
1 Bedroom 8.95
2 Bedrooms 14.04
3 Bedrooms 48.14
4 Bedrooms 22.63
5 or more bedrooms 4.22