The housing market in Machias, WA is highly desirable with its median value of $489,500, which is significantly higher than the national median value of $338,100. Despite a slightly lower rate of appreciation over the past year at 6.82%, compared to the US average of 8.27%, Machias still offers a solid return on investment for homeowners. With its convenient location and beautiful scenery, it's not hard to see why the housing market in this area is so sought after.
The median home cost in Machias is $489,500. Home appreciation the last 10 years has been 156.9%. Home Appreciation in Machias is up 14.7%.
Average Age of Homes
- The median age of Machias real estate is 38 years old
The Rental Market in Machias
- Renters make up 8.5% of the Machias population
- 0.0% of houses and apartments in Machias, 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.