Washington, LA is a city that has seen an increase in housing value over the past year. The median housing value in Washington is currently at $124,900, which is significantly less than the US median of $338,100. However, it still saw an impressive 9.19% appreciation in the past year, slightly higher than the US average of 8.27%. This suggests that there may be potential for investors who are looking for reasonably priced homes with potential to appreciate in the near future.
The median home cost in Washington is $124,900. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Washington is up 12.5%.
Average Age of Homes
- The median age of Washington real estate is 50 years old
The Rental Market in Washington
- Renters make up 29.2% of the Washington population
- 12.5% of houses and apartments in Washington, 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.