The housing market in Summitview, WA is very healthy compared to the national average. The median value of homes in Summitview is $360,800 which is higher than the US house median value of $338,100. Additionally, the one year appreciation for houses in Summitview is 7.94%, which is slightly lower than the US average of 8.27%. This indicates that housing prices are increasing steadily in Summitview and have outpaced national averages. Overall, this suggests that investing in real estate in Summitview would be a wise decision due to its continued growth and profitability.
The median home cost in Summitview is $360,800. Home appreciation the last 10 years has been 111.5%. Home Appreciation in Summitview is up 13.4%.
Average Age of Homes
- The median age of Summitview real estate is 51 years old
The Rental Market in Summitview
- Renters make up 22.2% of the Summitview population
- 0.0% of houses and apartments in Summitview, 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.