Housing in Cheney, WA is a great investment. The median value of homes in Cheney is $412,000, which is higher than the US median house value of $338,100. Additionally, the one year appreciation rate for homes in Cheney has been 8.86%, which is higher than the national appreciation rate of 8.27%. For those looking to invest in housing, Cheney can serve as an attractive option with its high median value and appreciation rate.
The median home cost in Cheney is $412,000. Home appreciation the last 10 years has been 147.4%. Home Appreciation in Cheney is up 18.1%.
Average Age of Homes
- The median age of Cheney real estate is 32 years old
The Rental Market in Cheney
- Renters make up 64.8% of the Cheney population
- 4.4% of houses and apartments in Cheney, 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.