Lake McMurray, WA is an attractive area for housing due to its relatively low median value when compared to the US overall. The median value of a home in Lake McMurray is $252,800, which is far below the US median of $338,100. Despite this lower price point, the appreciation rate of a home in Lake McMurray over the last year was still high at 6.82%, only slightly lower than the US appreciation rate of 8.27%. Therefore, those looking to invest in a home in Lake McMurray can expect to see good returns on their investment over time.
The median home cost in Lake McMurray is $252,800. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Lake McMurray is up 14.7%.
Average Age of Homes
- The median age of Lake McMurray real estate is 54 years old
The Rental Market in Lake McMurray
- Renters make up 0.0% of the Lake McMurray population
- 0.0% of houses and apartments in Lake McMurray, 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.