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 1,928 people, 780 houses or apartments, and a median cost of homes of $442,453, Tenino real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Tenino, accounting for 65.46% of the city's housing units. Other types of housing that are prevalent in Tenino include large apartment complexes or high rise apartments ( 15.70%), duplexes, homes converted to apartments or other small apartment buildings ( 8.82%), and a few mobile homes or trailers ( 8.70%).
The most prevalent building size and type in Tenino are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.89% owning and 43.11% renting.
There is a lot of housing in Tenino 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 Tenino built between 2000 and later ( 29.23%). A lesser amount of the housing stock also hails from before 1939 ( 19.93%). There's also some housing in Tenino built between 1940-1969 ( 15.34%).
In the last 10 years, Tenino has experienced some of the highest home appreciation rates of any community in the nation. Tenino real estate appreciated 148.41% over the last ten years, which is an average annual home appreciation rate of 9.53%, putting Tenino in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Tenino definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Tenino's appreciation rate, at 5.49%, has been at or slightly above the national average. In the latest quarter, Tenino's appreciation rate has been 1.18%, which annualizes to a rate of 4.79%.
Relative to Washington, our data show that Tenino's latest annual appreciation rate is higher than 80% of the other cities and towns in Washington.
$442,453
for Washington
for nation
780
$1,795 / per month