Spanaway, Washington is a great place to consider purchasing a home. The median value for housing in Spanaway is $468,900, which is slightly higher than the US median value of $338,100. Although the rate of house appreciation in Spanaway over the past year has been 6.34%, it is still lower than the national average of 8.27%. Therefore, people who are looking to invest in property in Spanaway have a good chance of seeing an increase in their investment over time.
The median home cost in Spanaway is $468,900. Home appreciation the last 10 years has been 155.3%. Home Appreciation in Spanaway is up 13.3%.
Average Age of Homes
- The median age of Spanaway real estate is 30 years old
The Rental Market in Spanaway
- Renters make up 30.2% of the Spanaway population
- 0.4% of houses and apartments in Spanaway, 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.