The housing market in Longbranch, WA is strong, with a median value of $559,300. This is significantly higher than the U.S. median value of $338,100. The one year house appreciation rate for the U.S. is 8.27% and in Longbranch it is 6.79%, indicating that the market in this area has been growing steadily and is likely to continue doing so in the future. Longbranch offers a desirable mix of affordability and good investment potential for prospective homeowners looking to live in an area with a strong economy and excellent quality of life.
The median home cost in Longbranch is $559,300. Home appreciation the last 10 years has been 149.1%. Home Appreciation in Longbranch is up 13.6%.
Average Age of Homes
- The median age of Longbranch real estate is 24 years old
The Rental Market in Longbranch
- Renters make up 8.0% of the Longbranch population
- 0.0% of houses and apartments in Longbranch, 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.