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 5,021, 2,071 total housing units (homes and apartments), and a median house value of $256,717, Colville real estate values are some of the lowest in Washington, although compared to real estate around the nation, Colville homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Colville, accounting for 66.50% of the city's housing units. Other types of housing that are prevalent in Colville include large apartment complexes or high rise apartments ( 19.41%), duplexes, homes converted to apartments or other small apartment buildings ( 7.45%), and a few mobile homes or trailers ( 4.70%).
People in Colville primarily live in small (one, two or no bedroom) single-family detached homes. Colville has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Colville 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 Colville built between 1940-1969 ( 31.78%). A lesser amount of the housing stock also hails from before 1939 ( 20.72%). There's also some housing in Colville built between 2000 and later ( 8.71%).
Real estate appreciation rates in Colville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.02% during the period.
Over the last year, Colville appreciation rates have trailed the rest of the nation. In the last twelve months, Colville's appreciation rate has been -2.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Colville were at 0.85%, which equates to an annual appreciation rate of 3.46%.
Relative to Washington, our data show that Colville's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.
$256,717
for Washington
for nation
2,071
$1,223 / per month