The housing market in Republic, WA is flourishing. According to the statistics provided, the median value for a house in Republic is $245,600. This is significantly lower than the US median value of $338,100. Interestingly, the 1 year house appreciation rate was higher in Republic than nationwide at 15.73%, compared to 8.27%. This could indicate a very positive outlook for housing in this area and potential investment opportunities.
The median home cost in Republic is $245,600. Home appreciation the last 10 years has been 115.4%. Home Appreciation in Republic is up 19.3%.
Average Age of Homes
- The median age of Republic real estate is 60 years old
The Rental Market in Republic
- Renters make up 49.8% of the Republic population
- 1.7% of houses and apartments in Republic, 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.