Housing in Picnic Point, WA is quite expensive compared to the national average. The median value of houses in Picnic Point is currently $639,200, which is almost double the national median housing value of $338,100. Despite this high cost of living in Picnic Point, house appreciation over the past year has still been strong at 7.43%, only slightly lower than the US average of 8.27%. This suggests that for those looking to buy or rent a home in Picnic Point, WA can expect to see returns on their investment in the long run.
The median home cost in Picnic Point is $639,200. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Picnic Point is up 14.8%.
Average Age of Homes
- The median age of Picnic Point real estate is 35 years old
The Rental Market in Picnic Point
- Renters make up 24.5% of the Picnic Point population
- 1.2% of houses and apartments in Picnic Point, 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.