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 6,496, 2,605 total housing units (homes and apartments), and a median house value of $598,070, real estate costs in Woodland 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 Woodland, accounting for 64.06% of the city's housing units. Other types of housing that are prevalent in Woodland include large apartment complexes or high rise apartments ( 21.12%), duplexes, homes converted to apartments or other small apartment buildings ( 6.37%), and a few mobile homes or trailers ( 4.88%).
The most prevalent building size and type in Woodland are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.90% owning and 47.10% renting.
Woodland homes and real estate are some of the newest in America. 40.04% of Woodland'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 Woodland real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.52%), and between 1940-1969 ( 15.72%). There's also some housing in Woodland built before 1939 ( 4.73%).
Appreciation rates for homes in Woodland have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.75%, which ranks in the top 30% nationwide. This equates to an annual average Woodland house appreciation rate of 7.79%.
Appreciation rates are so strong in Woodland that despite a nationwide downturn in the housing market, Woodland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Woodland appreciation rates continue to be some of the highest in America, at 6.92%, which is higher than appreciation rates in 87.20% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Woodland. Woodland appreciation rates in the latest quarter were at 2.68%, which equates to an annual appreciation rate of 11.15%.
Importantly, this makes Woodland 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 Woodland's latest annual appreciation rate is higher than 90% of the other cities and towns in Washington.
$598,070
for Washington
for nation
2,605
$2,330 / per month