Washington, MO is an attractive city for potential homebuyers as the median house value is significantly lower than the national average. The median house value in Washington, MO is $263,300 while the US House Median Value is $338,100. This represents a difference of just over 20%. In addition to this attractive price point, house appreciation in Washington, MO has been higher than the national average over the past year at 10.38% compared to 8.27%. These figures suggest that home buyers in Washington, MO may be able to benefit from increased property value and thus make it an ideal place for investment in real estate.
The median home cost in Washington is $263,300. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Washington is up 15.0%.
Average Age of Homes
- The median age of Washington real estate is 41 years old
The Rental Market in Washington
- Renters make up 31.7% of the Washington population
- 2.1% 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.