Washington Lake, MN is a great place to call home. The median value of homes in the area is $357,900, which is slightly higher than the US median value of $338,100. In the past year, house appreciation in Washington Lake has been 7.51%, which is lower than the US average of 8.27%. This suggests that although homes in Washington Lake have appreciated at a slower rate than some other areas, they are still a sound investment for prospective home buyers who want to settle down in this vibrant community.
The median home cost in Washington Lake is $357,900. Home appreciation the last 10 years has been 86.8%. Home Appreciation in Washington Lake is up 11.1%.
Average Age of Homes
- The median age of Washington Lake real estate is 73 years old
The Rental Market in Washington Lake
- Renters make up 8.4% of the Washington Lake population
- 0.0% of houses and apartments in Washington Lake, 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.