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 20,060 people, 9,087 houses or apartments, and a median cost of homes of $417,374, Port Angeles real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Port Angeles, accounting for 71.19% of the city's housing units. Other types of housing that are prevalent in Port Angeles include large apartment complexes or high rise apartments ( 18.51%), duplexes, homes converted to apartments or other small apartment buildings ( 5.91%), and a few mobile homes or trailers ( 2.42%).
People in Port Angeles primarily live in small (one, two or no bedroom) single-family detached homes. Port Angeles has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Port Angeles 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 Port Angeles built between 1940-1969 ( 34.32%). A lesser amount of the housing stock also hails from before 1939 ( 17.62%). There's also some housing in Port Angeles built between 2000 and later ( 11.62%).
In the last 10 years, Port Angeles has experienced some of the highest home appreciation rates of any community in the nation. Port Angeles real estate appreciated 134.13% over the last ten years, which is an average annual home appreciation rate of 8.88%, putting Port Angeles in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Port Angeles 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, Port Angeles appreciation rates have trailed the rest of the nation. In the last twelve months, Port Angeles's appreciation rate has been 1.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Port Angeles were at 0.16%, which equates to an annual appreciation rate of 0.63%.
Notably, Port Angeles's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Washington, our data show that Port Angeles's latest annual appreciation rate is lower than 60% of the other cities and towns in Washington.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Port Angeles differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Port Angeles - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Port Angeles real estate investment or home purchase decisions.
$417,374
for Washington
for nation
9,087
$1,803 / per month