Lake Washington, ND is a great city for home buyers and investors alike. The median value of housing in the area is $168,200 which is significantly lower than the US House median value of $338,100. This means that the homes in Lake Washington are more affordable for people looking to buy or invest. Additionally, the 1 year house appreciation rate in Lake Washington was 9.41%, which is higher than the US average of 8.27%. This indicates a strong real estate market with good potential for growth over time. All of these factors make Lake Washington an attractive place to either purchase or invest in housing.
The median home cost in Lake Washington is $168,200. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Lake Washington is up 10.5%.
Average Age of Homes
- The median age of Lake Washington real estate is 48 years old
The Rental Market in Lake Washington
- Renters make up 0.0% of the Lake Washington population
- 0.0% of houses and apartments in Lake 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.