The housing market in South Hill, WA is thriving. The median value of houses in the area is $514,500, which is much higher than the US median house value of $338,100. Over the past year, the appreciation rate for houses in South Hill has been 6.79%, which is slightly lower than the US average of 8.27%. Despite this difference, it is still a substantial increase and shows that South Hill remains a desirable place to live and invest in real estate.
The median home cost in South Hill is $514,500. Home appreciation the last 10 years has been 149.1%. Home Appreciation in South Hill is up 13.6%.
Average Age of Homes
- The median age of South Hill real estate is 24 years old
The Rental Market in South Hill
- Renters make up 25.0% of the South Hill population
- 0.6% of houses and apartments in South Hill, 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.