The housing market in Baggs, WY is thriving, with the median value of $244,900 significantly lower than the US median of $338,100. In the past year, appreciation in house prices in Baggs has been higher than the national average at 11.08%, compared to 8.27% for the nation as a whole. This is great news for homeowners and prospective buyers in this small town, as it shows that investments into real estate are likely to be profitable over time.
The median home cost in Baggs is $244,900. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Baggs is up 16.7%.
Average Age of Homes
- The median age of Baggs real estate is 39 years old
The Rental Market in Baggs
- Renters make up 23.7% of the Baggs population
- 7.2% of houses and apartments in Baggs, 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.