Mill Creek, WA is a desirable location with great housing prospects. The median value of homes in Mill Creek is $904,200, which is significantly higher than the US House Median Value of $338,100. In the last year, house appreciation in Mill Creek has been 7.43%, lower than the national average of 8.27%. This means that housing prices are stable in Mill Creek and there is still potential for appreciation over time. Therefore, it is an ideal area to purchase or invest in property.
The median home cost in Mill Creek is $904,200. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Mill Creek is up 14.8%.
Average Age of Homes
- The median age of Mill Creek real estate is 24 years old
The Rental Market in Mill Creek
- Renters make up 36.2% of the Mill Creek population
- 2.2% of houses and apartments in Mill Creek, 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.