The housing market in Rainier, WA is thriving with a median value of $447,200 which is significantly higher than the US median value of $338,100. The 1 year house appreciation rate in Rainier, WA has been 8.98%, higher than the national average of 8.27%. This indicates that housing values in Rainier have been steadily increasing over time and show no signs of slowing down anytime soon. With its close proximity to Seattle and scenic landscapes, it's no surprise that Rainier remains an attractive location for many home buyers.
The median home cost in Rainier is $447,200. Home appreciation the last 10 years has been 140.9%. Home Appreciation in Rainier is up 16.1%.
Average Age of Homes
- The median age of Rainier real estate is 24 years old
The Rental Market in Rainier
- Renters make up 18.9% of the Rainier population
- 1.8% of houses and apartments in Rainier, 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.