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 10,668 people, 3,314 houses or apartments, and a median cost of homes of $456,170, Yelm real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Yelm, accounting for 77.72% of the city's housing units. Other types of housing that are prevalent in Yelm include large apartment complexes or high rise apartments ( 12.95%), mobile homes or trailers ( 3.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.77%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Yelm. Owner-occupied housing accounts for 70.27% of Yelm's homes, and 74.03% have either three or four bedrooms, which is average sized relative to America.
Yelm homes and real estate are some of the newest in America. 59.93% of Yelm'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 Yelm real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.94%), and between 1940-1969 ( 7.88%). There's also some housing in Yelm built before 1939 ( 5.25%).
In the last 10 years, Yelm has experienced some of the highest home appreciation rates of any community in the nation. Yelm real estate appreciated 144.37% over the last ten years, which is an average annual home appreciation rate of 9.35%, putting Yelm in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Yelm 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, Yelm appreciation rates have trailed the rest of the nation. In the last twelve months, Yelm's appreciation rate has been 4.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Yelm were at 1.18%, which equates to an annual appreciation rate of 4.79%.
Relative to Washington, our data show that Yelm's latest annual appreciation rate is higher than 70% 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 Yelm differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Yelm - 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 Yelm real estate investment or home purchase decisions.
$456,170
for Washington
for nation
3,314
$2,357 / per month