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 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%).
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.
$1,016,520
for Washington
for nation
4,539
$5,161 / per month