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 13,942, 5,425 total housing units (homes and apartments), and a median house value of $1,097,484, Woodinville house prices are not only among the most expensive in Washington, Woodinville 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 Woodinville, accounting for 51.21% of the city's housing units. Other types of housing that are prevalent in Woodinville include large apartment complexes or high rise apartments ( 43.46%), row houses and other attached homes ( 3.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.69%).
The most prevalent building size and type in Woodinville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.04% owning and 42.96% renting.
There is a lot of housing in Woodinville 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 Woodinville built between 2000 and later ( 43.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.19%).
Appreciation rates for homes in Woodinville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 109.72%, which ranks in the top 30% nationwide. This equates to an annual average Woodinville house appreciation rate of 7.69%.
Over the last year, Woodinville appreciation rates have trailed the rest of the nation. In the last twelve months, Woodinville's appreciation rate has been -1.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Woodinville were at 0.41%, which equates to an annual appreciation rate of 1.66%.
Relative to Washington, our data show that Woodinville's latest annual appreciation rate is lower than 90% 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 Woodinville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Woodinville - 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 Woodinville real estate investment or home purchase decisions.
$1,097,484
for Washington
for nation
5,425
$3,383 / per month