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 32,658, 10,631 total housing units (homes and apartments), and a median house value of $540,567, Graham real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Graham, accounting for 80.71% of the town's housing units. Other types of housing that are prevalent in Graham include mobile homes or trailers ( 12.39%), row houses and other attached homes ( 3.23%), and a few large apartment complexes or high rise apartments ( 3.03%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Graham. Owner-occupied housing accounts for 82.22% of Graham's homes, and 79.87% have either three or four bedrooms, which is average sized relative to America.
Graham homes and real estate are some of the newest in America. 48.08% of Graham's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Graham real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 47.75%), and between 1940-1969 ( 2.98%). There's also some housing in Graham built before 1939 ( 1.19%).
In the last 10 years, Graham has experienced some of the highest home appreciation rates of any community in the nation. Graham real estate appreciated 138.02% over the last ten years, which is an average annual home appreciation rate of 9.06%, putting Graham in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Graham 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, Graham appreciation rates have trailed the rest of the nation. In the last twelve months, Graham's appreciation rate has been 3.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Graham were at 3.14%, which equates to an annual appreciation rate of 13.15%.
Importantly, this makes Graham one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Washington, our data show that Graham's latest annual appreciation rate is higher than 50% 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 town. Individual neighborhoods within Graham differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Graham - 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 Graham real estate investment or home purchase decisions.
$540,567
for Washington
for nation
10,631
$3,222 / per month