Bonney Lake, WA is a great place to live and invest in real estate with its median housing value being $637,100. This is significantly higher than the US median house value of $338,100. Although the US had a 1-year appreciation rate of 8.27%, Bonney Lake was slightly lower at 6.79%. This still indicates that the market has improved in Bonney Lake, making it an attractive location for those looking for potential growth in their home's value.
The median home cost in Bonney Lake is $637,100. Home appreciation the last 10 years has been 149.1%. Home Appreciation in Bonney Lake is up 13.6%.
Average Age of Homes
- The median age of Bonney Lake real estate is 20 years old
The Rental Market in Bonney Lake
- Renters make up 17.9% of the Bonney Lake population
- 0.6% of houses and apartments in Bonney 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.