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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Snoqualmie, 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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Snoqualmie, WA Housing Market Trends

With 13,621 people, 4,539 houses or apartments, and a median cost of homes of $1,016,520, Snoqualmie house prices are not only among the most expensive in Washington, Snoqualmie 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 Snoqualmie, accounting for 79.33% of the city's housing units. Other types of housing that are prevalent in Snoqualmie include row houses and other attached homes ( 11.69%), duplexes, homes converted to apartments or other small apartment buildings ( 5.31%), and a few large apartment complexes or high rise apartments ( 3.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Snoqualmie. Owner-occupied housing accounts for 84.97% of Snoqualmie's homes, and 71.03% have either three or four bedrooms, which is average sized relative to America.

Snoqualmie homes and real estate are some of the newest in America. 73.13% of Snoqualmie'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 Snoqualmie real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 14.72%), and before 1939 ( 7.69%). There's also some housing in Snoqualmie built between 1940-1969 ( 4.46%).

Snoqualmie Home Appreciation Rates

In the last 10 years, Snoqualmie has experienced some of the highest home appreciation rates of any community in the nation. Snoqualmie real estate appreciated 142.49% over the last ten years, which is an average annual home appreciation rate of 9.26%, putting Snoqualmie in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Snoqualmie 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, Snoqualmie appreciation rates have trailed the rest of the nation. In the last twelve months, Snoqualmie's appreciation rate has been 0.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Snoqualmie were at 3.14%, which equates to an annual appreciation rate of 13.15%.

Importantly, this makes Snoqualmie 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 Snoqualmie's latest annual appreciation rate is lower than 70% of the other cities and towns in Washington.

Average Home Values

Median Home Value

$1,016,520

Snoqualmie, WA Home Prices
> $1,263,000
$947,001 - $1,263,000
$631,001 - $947,000
$505,001 - $631,000
$378,001 - $505,000
$253,001 - $378,000
$126,001 - $253,000
$63,001 - $126,000
$0 - $63,000
30.2%
30.2%
29.2%
29.2%
26.8%
26.8%
8.5%
8.5%
1.4%
1.4%
2.0%
2.0%
1.3%
1.3%
0.2%
0.2%
0.3%
0.3%
0% 100.0%
% of Homes
Very High

for Washington

Very High

for nation

Number of Homes And Apartments:

4,539

Snoqualmie Appreciation Rates

Rent & Ownership

Average Market Rent:

$5,161 / per month

Homeownership Rate

Owners
Renters
85.0%
85.0%
15.0%
15.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.9%
5.9%
94.1%
94.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
73.1%
73.1%
14.7%
14.7%
4.5%
4.5%
7.7%
7.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
79.3%
79.3%
11.7%
11.7%
5.3%
5.3%
3.4%
3.4%
0.1%
0.1%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
1.6%
1.6%
12.4%
12.4%
36.5%
36.5%
34.5%
34.5%
14.5%
14.5%
0% 100.0%
% of Homes