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 7,645 people, 2,939 houses or apartments, and a median cost of homes of $400,256, Chehalis real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Chehalis, accounting for 57.82% of the city's housing units. Other types of housing that are prevalent in Chehalis include large apartment complexes or high rise apartments ( 31.79%), duplexes, homes converted to apartments or other small apartment buildings ( 7.90%), and a few row houses and other attached homes ( 1.39%).
People in Chehalis primarily live in small (one, two or no bedroom) single-family detached homes. Chehalis has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Chehalis 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 Chehalis built before 1939 ( 27.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.62%). There's also some housing in Chehalis built between 2000 and later ( 11.90%).
In the last 10 years, Chehalis has experienced some of the highest home appreciation rates of any community in the nation. Chehalis real estate appreciated 136.48% over the last ten years, which is an average annual home appreciation rate of 8.99%, putting Chehalis in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Chehalis 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, Chehalis appreciation rates have trailed the rest of the nation. In the last twelve months, Chehalis's appreciation rate has been 1.77%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chehalis were at 0.16%, which equates to an annual appreciation rate of 0.63%.
Notably, Chehalis's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Washington, our data show that Chehalis's latest annual appreciation rate is lower 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 city. Individual neighborhoods within Chehalis differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chehalis - 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 Chehalis real estate investment or home purchase decisions.
$400,256
for Washington
for nation
2,939
$1,476 / per month