Brier, 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 Q2 2021. 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

Brier, WA Housing Market Trends

With a population of 6,970, 2,410 total housing units (homes and apartments), and a median house value of $628,802, Brier house prices are not only among the most expensive in Washington, Brier 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 Brier, accounting for 98.16% of the city's housing units. Other types of housing that are prevalent in Brier include duplexes, homes converted to apartments or other small apartment buildings ( 1.00%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brier. Owner-occupied housing accounts for 90.06% of Brier's homes, and 82.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brier 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 Brier built between 1940-1969 ( 27.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.46%). There's also some housing in Brier built before 1939 ( 2.28%).

Brier Home Appreciation Rates

In the last 10 years, Brier has experienced some of the highest home appreciation rates of any community in the nation. Brier real estate appreciated 125.40% over the last ten years, which is an average annual home appreciation rate of 8.47%, putting Brier in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brier 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, Brier's appreciation rate, at 10.01%, has been at or slightly above the national average. In the latest quarter, Brier's appreciation rate has been 3.74%, which annualizes to a rate of 15.83%.

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

Average Home Values

 

Median Home Value:
$628,802

Brier, WA HOME PRICES

> $1,327,000
2.0%
2.0%
$995,001 - $1,327,000
10.5%
10.5%
$663,001 - $995,000
39.4%
39.4%
$530,001 - $663,000
23.4%
23.4%
$398,001 - $530,000
12.8%
12.8%
$265,001 - $398,000
7.2%
7.2%
$133,001 - $265,000
1.1%
1.1%
$66,001 - $133,000
0.5%
0.5%
$0 - $66,000
3.2%
3.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for WA

Value Relative To Nation

Number Of Homes And Apartments:
2,410

Brier Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
172.31% 4.77%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,073 / per month

Homeownership Rate

Owners
90.1%
90.1%
Renters
9.9%
9.9%
Vacant
3.4%
3.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
9.5%
9.5%
1970 - 1999
61.1%
61.1%
1940 - 1969
27.1%
27.1%
1939 or Older
2.3%
2.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
98.2%
98.2%
Townhomes
0.4%
0.4%
Small Apt. Buildings
1.0%
1.0%
Apt. Complexes
0.0%
0.0%
Mobile Homes
0.4%
0.4%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.4%
1.4%
1 Bedroom
0.8%
0.8%
2 Bedrooms
4.5%
4.5%
3 Bedrooms
50.8%
50.8%
4 Bedrooms
31.4%
31.4%
5 or more bedrooms
11.2%
11.2%
0.0% 100.0%
% OF HOMES