The housing market in Big Lake, WA is quite strong with the median value of homes standing at $536,200. This is significantly higher than the US house median value of $338,100. The US has seen a 1 year house appreciation rate of 8.27% while Big Lake has had a slightly lower rate of 6.82%. This indicates that housing prices are increasing steadily in Big Lake but at a slightly lower rate than the overall US market. Overall, it appears that investing in the housing market of Big Lake is a safe and secure option for potential buyers.
The median home cost in Big Lake is $536,200. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Big Lake is up 14.7%.
Average Age of Homes
- The median age of Big Lake real estate is 23 years old
The Rental Market in Big Lake
- Renters make up 14.7% of the Big Lake population
- 0.0% of houses and apartments in Big Lake, 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.