Washington, NC is an excellent place to live with a median housing value of $199,500. When compared with the US House Median Value of $338,100, it offers residents significant cost savings. In addition, the 1-year house appreciation rate in Washington, NC is higher than the national average of 8.27%, coming in at 16.05%. This makes it an attractive investment option for buyers looking to capitalize on a growing real estate market. With its lower cost and higher appreciation rate, Washington, NC is a great place to buy or invest in a home.
The median home cost in Washington is $199,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Washington is up 19.4%.
Average Age of Homes
- The median age of Washington real estate is 49 years old
The Rental Market in Washington
- Renters make up 44.0% of the Washington population
- 2.0% 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.