Housing in Ocean Park, WA is a great investment for potential homebuyers. The median value of a home in the area is $325,400, which is slightly lower than the US median housing value of $338,100. In addition, the one-year house appreciation rate is 8.46%, which is higher than the national average of 8.27%. This indicates that Ocean Park real estate has increased in both value and popularity over time. With these attractive conditions and features, buying a home in Ocean Park could be a great opportunity for those looking to invest in their future.
The median home cost in Ocean Park is $325,400. Home appreciation the last 10 years has been 161.0%. Home Appreciation in Ocean Park is up 13.7%.
Average Age of Homes
- The median age of Ocean Park real estate is 40 years old
The Rental Market in Ocean Park
- Renters make up 8.2% of the Ocean Park population
- 1.6% of houses and apartments in Ocean Park, 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.