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 8,804 people, 2,884 houses or apartments, and a median cost of homes of $641,510, real estate costs in Stanwood 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 Stanwood, accounting for 72.05% of the city's housing units. Other types of housing that are prevalent in Stanwood include large apartment complexes or high rise apartments ( 21.29%), duplexes, homes converted to apartments or other small apartment buildings ( 5.34%), and a few row houses and other attached homes ( 1.33%).
The most prevalent building size and type in Stanwood are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.82% owning and 35.18% renting.
Stanwood homes and real estate are some of the newest in America. 53.66% of Stanwood'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 Stanwood real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.16%), and between 1940-1969 ( 6.26%). There's also some housing in Stanwood built before 1939 ( 4.93%).
In the last 10 years, Stanwood has experienced some of the highest home appreciation rates of any community in the nation. Stanwood real estate appreciated 127.26% over the last ten years, which is an average annual home appreciation rate of 8.56%, putting Stanwood in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stanwood 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, Stanwood appreciation rates have trailed the rest of the nation. In the last twelve months, Stanwood's appreciation rate has been 2.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stanwood were at 3.14%, which equates to an annual appreciation rate of 13.15%.
Importantly, this makes Stanwood 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 Stanwood's latest annual appreciation rate is lower than 50% of the other cities and towns in Washington.
$641,510
for Washington
for nation
2,884
$2,591 / per month