Elmer City, WA is a great place to invest in housing. The median value of a house in Elmer City is $184,900, which is significantly lower than the US median house value of $338,100. Additionally, the one year appreciation of houses in Elmer City was 15.73%, much higher than the US national average of 8.27%. This means that investing in housing in Elmer City could be a wise financial decision, as it could bring significantly higher returns than investing elsewhere.
The median home cost in Elmer City is $184,900. Home appreciation the last 10 years has been 115.4%. Home Appreciation in Elmer City is up 19.3%.
Average Age of Homes
- The median age of Elmer City real estate is 59 years old
The Rental Market in Elmer City
- Renters make up 25.9% of the Elmer City population
- 1.5% of houses and apartments in Elmer City, 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.