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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,761 people, 922 houses or apartments, and a median cost of homes of $502,892, Mattawa real estate prices are well above average cost compared to national prices.
Mobile homes or trailers are the single most common housing type in Mattawa, accounting for 57.95% of the city's housing units. Other types of housing that are prevalent in Mattawa include duplexes, homes converted to apartments or other small apartment buildings ( 19.71%), single-family detached homes ( 16.98%), and a few large apartment complexes or high rise apartments ( 3.41%).
Renters dominate Mattawa's housing market, and most live in three of four bedroom dwellings, chiefly found in mobile homes or trailers.
There is a lot of housing in Mattawa 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 Mattawa built between 2000 and later ( 37.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.15%).
Vacant housing appears to be an issue in Mattawa. Fully 10.05% of the housing stock is classified as vacant. Left unchecked, vacant Mattawa homes and apartments can be a drag on the real estate market, holding Mattawa 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.
In the last 10 years, Mattawa has experienced some of the highest home appreciation rates of any community in the nation. Mattawa real estate appreciated 122.84% over the last ten years, which is an average annual home appreciation rate of 8.34%, putting Mattawa in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Mattawa definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Mattawa appreciation rates have trailed the rest of the nation. In the last twelve months, Mattawa's appreciation rate has been 5.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mattawa were at 1.93%, which equates to an annual appreciation rate of 7.93%.
Relative to Washington, our data show that Mattawa's latest annual appreciation rate is lower than 70% of the other cities and towns in Washington.
$502,892
for Washington
for nation
922
$1,567 / per month