Washington, NY is a thriving city with a median housing value of $500,400. This is significantly higher than the US median house value of $338,100. Furthermore, the one-year appreciation rate for houses in Washington, NY is 10.37%, higher than the 8.27% national figure. Clearly, this is an attractive area for potential buyers to invest in real estate and benefit from increasing property values.
The median home cost in Washington is $500,400. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Washington is up 14.0%.
Average Age of Homes
- The median age of Washington real estate is 57 years old
The Rental Market in Washington
- Renters make up 30.7% of the Washington population
- 2.8% 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.