The housing market in Rock Island, WA is doing very well compared to the national average. The median house value in Rock Island, WA is $372,700, which is significantly higher than the US median house value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27% while the 1 year house appreciation rate in Rock Island, WA is 11.29%, indicating that housing values are increasing more quickly in this area than across the country as a whole. This positive trend is encouraging potential homebuyers to consider investing in property within Rock Island and provides homeowners with a great opportunity to benefit from increased equity over time.
The median home cost in Rock Island is $372,700. Home appreciation the last 10 years has been 123.7%. Home Appreciation in Rock Island is up 16.0%.
Average Age of Homes
- The median age of Rock Island real estate is 38 years old
The Rental Market in Rock Island
- Renters make up 18.0% of the Rock Island population
- 0.0% of houses and apartments in Rock Island, 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.