The housing market in Medicine Bow, WY is a great opportunity for potential buyers and investors. The median value of a house in the region is $122,700, which is much lower than the US median value of $338,100. In addition to this bargain price tag, the housing market has seen an annual appreciation rate of 11.08%, which is higher than the national average of 8.27%. These factors combined create an ideal buying opportunity for those looking to invest in real estate or buy their first home.
The median home cost in Medicine Bow is $122,700. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Medicine Bow is up 16.7%.
Average Age of Homes
- The median age of Medicine Bow real estate is 46 years old
The Rental Market in Medicine Bow
- Renters make up 12.2% of the Medicine Bow population
- 0.0% of houses and apartments in Medicine Bow, 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.