The housing market in Langley, WA is quite expensive compared to the US House Median Value. The median value of a property in Langley is $677,800, almost double the US average of $338,100. This is reflected in the appreciation rate of homes over the past year; Langley saw 6.82% growth in value while the national average was 8.27%. Although it appears that properties are appreciating at a slightly slower pace than the rest of the country, those who buy into this market can expect their investments to appreciate significantly over time.
The median home cost in Langley is $677,800. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Langley is up 14.7%.
Average Age of Homes
- The median age of Langley real estate is 35 years old
The Rental Market in Langley
- Renters make up 42.1% of the Langley population
- 2.4% of houses and apartments in Langley, 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.