Enumclaw, 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

Enumclaw, WA Housing Market Trends

With 12,190 people, 4,918 houses or apartments, and a median cost of homes of $440,016, real estate costs in Enumclaw 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 Enumclaw, accounting for 58.71% of the city's housing units. Other types of housing that are prevalent in Enumclaw include large apartment complexes or high rise apartments ( 15.81%), mobile homes or trailers ( 11.98%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.96%).

The most prevalent building size and type in Enumclaw are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.43% owning and 39.57% renting.

There is a lot of housing in Enumclaw 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 Enumclaw built between 1940-1969 ( 19.38%). A lesser amount of the housing stock also hails from before 1939 ( 14.84%). There's also some housing in Enumclaw built between 2000 and later ( 8.43%).

Enumclaw Home Appreciation Rates

In the last 10 years, Enumclaw has experienced some of the highest home appreciation rates of any community in the nation. Enumclaw real estate appreciated 91.10% over the last ten years, which is an average annual home appreciation rate of 6.69%, putting Enumclaw in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Enumclaw 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 Enumclaw that despite a nationwide downturn in the housing market, Enumclaw real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Enumclaw appreciation rates continue to be some of the highest in America, at 11.31%, which is higher than appreciation rates in 78.98% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Enumclaw. Enumclaw appreciation rates in the latest quarter were at 3.76%, which equates to an annual appreciation rate of 15.91%.

Importantly, this makes Enumclaw 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 Enumclaw's latest annual appreciation rate is lower than 60% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$440,016

Enumclaw, WA HOME PRICES

> $1,352,000
0.5%
0.5%
$1,014,001 - $1,352,000
3.2%
3.2%
$676,001 - $1,014,000
9.9%
9.9%
$541,001 - $676,000
11.1%
11.1%
$405,001 - $541,000
31.2%
31.2%
$270,001 - $405,000
26.9%
26.9%
$135,001 - $270,000
6.4%
6.4%
$67,001 - $135,000
3.1%
3.1%
$0 - $67,000
7.7%
7.7%
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:
4,918

Enumclaw 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
137.54% 4.11%
4
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,089 / per month

Homeownership Rate

Owners
60.4%
60.4%
Renters
39.6%
39.6%
Vacant
5.0%
5.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
8.4%
8.4%
1970 - 1999
57.4%
57.4%
1940 - 1969
19.4%
19.4%
1939 or Older
14.8%
14.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
58.7%
58.7%
Townhomes
2.6%
2.6%
Small Apt. Buildings
11.0%
11.0%
Apt. Complexes
15.8%
15.8%
Mobile Homes
12.0%
12.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.1%
2.1%
1 Bedroom
9.0%
9.0%
2 Bedrooms
29.1%
29.1%
3 Bedrooms
41.6%
41.6%
4 Bedrooms
16.3%
16.3%
5 or more bedrooms
1.9%
1.9%
0.0% 100.0%
% OF HOMES

Popular Communities Near Enumclaw, WA

Zip Codes in Enumclaw, WA