Neah Bay, WA is a small town located in the Olympic Peninsula. The housing median value in Neah Bay is much lower than the US House Median Value at $148,200 compared to $338,100. This suggests that there is a lot of affordability for people looking to purchase homes in this area. However, while the US House Appreciation rate was 8.27% over the past year, it was only 6.79% for Neah Bay which is slightly lower, although still growing steadily. Despite this slight dip in appreciation rate it appears that overall Neah Bay is an attractive place to invest in real estate and could provide great value for potential homeowners or investors alike.
The median home cost in Neah Bay is $148,200. Home appreciation the last 10 years has been 149.1%. Home Appreciation in Neah Bay is up 13.6%.
Average Age of Homes
- The median age of Neah Bay real estate is 35 years old
The Rental Market in Neah Bay
- Renters make up 23.1% of the Neah Bay population
- 2.4% of houses and apartments in Neah Bay, 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.