Lake Cavanaugh, WA is an excellent place to invest in real estate. The median value of a house is $543,800, which is significantly higher than the US median value of $338,100. This higher value reflects the quality and desirability of the area. In addition, it has seen strong appreciation over the past year at 6.82%, lower than the 8.27% national average but still healthy growth for any investor. With its desirable location and strong market performance, Lake Cavanaugh is definitely worth considering for anyone looking to invest in housing.
The median home cost in Lake Cavanaugh is $543,800. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Lake Cavanaugh is up 14.7%.
Average Age of Homes
- The median age of Lake Cavanaugh real estate is 49 years old
The Rental Market in Lake Cavanaugh
- Renters make up 5.9% of the Lake Cavanaugh population
- 0.0% of houses and apartments in Lake Cavanaugh, 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.