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 8,704 people, 2,415 houses or apartments, and a median cost of homes of $283,089, Toppenish real estate values are some of the lowest in Washington, although compared to real estate around the nation, Toppenish homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Toppenish, accounting for 76.48% of the city's housing units. Other types of housing that are prevalent in Toppenish include large apartment complexes or high rise apartments ( 8.87%), duplexes, homes converted to apartments or other small apartment buildings ( 8.25%), and a few mobile homes or trailers ( 5.13%).
The most prevalent building size and type in Toppenish are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.70% owning and 40.30% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Toppenish's housing was primarily built during this period, from the '40s through the '60s. A full 40.02% of the city's housing hails from this era. Other housing ages represented in Toppenish include homes built between 1970-1999 ( 30.54%) and housing constructed before 1939 ( 22.09%). There's also some housing in Toppenish built between 2000 and later ( 7.35%).
Appreciation rates for homes in Toppenish have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 114.01%, which ranks in the top 30% nationwide. This equates to an annual average Toppenish house appreciation rate of 7.91%.
Over the last year, Toppenish appreciation rates have trailed the rest of the nation. In the last twelve months, Toppenish's appreciation rate has been -2.09%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Toppenish were at 3.02%, which equates to an annual appreciation rate of 12.65%.
Importantly, this makes Toppenish 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 Toppenish's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.
$283,089
for Washington
for nation
2,415
$1,552 / per month