The housing market in Navy Yard City, WA is relatively affordable compared to the average in the United States. The median value of homes in Navy Yard City, WA is $270,400, while the US House Median Value is significantly higher at $338,100. Similarly, the US 1 year house appreciation rate is 8.27% while house appreciation in Navy Yard City, WA is slightly lower at 6.79%. This indicates that there may be more potential for growth and investment in this area. With such an attractive housing market and great appreciation prospects, it’s no wonder why so many are attracted to Navy Yard City, WA for buying or renting a home.
The median home cost in Navy Yard City is $270,400. Home appreciation the last 10 years has been 149.1%. Home Appreciation in Navy Yard City is up 13.6%.
Average Age of Homes
- The median age of Navy Yard City real estate is 57 years old
The Rental Market in Navy Yard City
- Renters make up 43.7% of the Navy Yard City population
- 4.0% of houses and apartments in Navy Yard 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.