The housing market in Richland, WA is booming! The median value of houses in Richland is currently $414,200, which is significantly higher than the US median value of $338,100. In the last year alone, house appreciation in Richland has been 11.51%, while the US average has only been 8.27%. This shows that there is a lot of growth and potential for investors in this area. With its strong job market and great schools, it's no wonder why people are flocking to make Richland their home.
The median home cost in Richland is $414,200. Home appreciation the last 10 years has been 125.0%. Home Appreciation in Richland is up 17.6%.
Average Age of Homes
- The median age of Richland real estate is 39 years old
The Rental Market in Richland
- Renters make up 31.8% of the Richland population
- 2.0% of houses and apartments in Richland, 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.