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 a population of 4,256, 1,439 total housing units (homes and apartments), and a median house value of $717,006, real estate costs in La Center are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities.
Single-family detached homes are the single most common housing type in La Center, accounting for 79.22% of the city's housing units. Other types of housing that are prevalent in La Center include mobile homes or trailers ( 5.75%), duplexes, homes converted to apartments or other small apartment buildings ( 5.50%), and a few large apartment complexes or high rise apartments ( 5.05%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in La Center. Owner-occupied housing accounts for 75.05% of La Center's homes, and 65.76% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in La Center 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 La Center built between 2000 and later ( 41.63%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.08%). There's also some housing in La Center built before 1939 ( 3.73%).
Appreciation rates for homes in La Center have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.12%, which ranks in the top 40% nationwide. This equates to an annual average La Center house appreciation rate of 7.13%.
Over the last year, La Center appreciation rates have trailed the rest of the nation. In the last twelve months, La Center's appreciation rate has been 1.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in La Center were at -0.48%, which equates to an annual appreciation rate of -1.90%.
Relative to Washington, our data show that La Center's latest annual appreciation rate is higher than 70% of the other cities and towns in Washington.
$717,006
for Washington
for nation
1,439
$2,232 / per month