Housing in Bainbridge Island, WA is highly valuable, with the median value currently standing at $1,146,000. This is significantly higher than the national median value of $338,100 and indicates that Bainbridge Island is a desirable place to live. Although house appreciation in Bainbridge Island has dropped slightly from 8.27% to 4.00%, it still remains above the US average and suggests that housing prices are likely to continue to rise.
The median home cost in Bainbridge Island is $1,146,000. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Bainbridge Island is up 10.8%.
Average Age of Homes
- The median age of Bainbridge Island real estate is 30 years old
The Rental Market in Bainbridge Island
- Renters make up 23.0% of the Bainbridge Island population
- 0.1% of houses and apartments in Bainbridge Island, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.