The housing market in South Prairie, WA is a fairly strong market with a median value of $315,200. This is slightly lower than the US house median value of $338,100. The 1 year appreciation rate for US houses is 8.27%, while South Prairie, WA has a 1 year appreciation rate of 6.79%. This indicates that the housing market in South Prairie, WA is growing at a steady pace but not as quickly as other areas across the country. Overall, South Prairie, WA remains an attractive place to own a house due to the competitive prices and stable rates of appreciation.
The median home cost in South Prairie is $315,200. Home appreciation the last 10 years has been 149.1%. Home Appreciation in South Prairie is up 13.6%.
Average Age of Homes
- The median age of South Prairie real estate is 31 years old
The Rental Market in South Prairie
- Renters make up 3.8% of the South Prairie population
- 0.0% of houses and apartments in South Prairie, 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.