The housing market in Powell, WY is flourishing. The median value of a house in the area is $356,800, which is significantly higher than the US median value of $338,100. In addition, the 1 year appreciation rate for housing in Powell, WY was 11.08%, which is higher than the national average of 8.27%. As such, it can be concluded that Powell is an excellent place to invest in real estate due to its strong appreciation and high prices.
The median home cost in Powell is $356,800. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Powell is up 16.7%.
Average Age of Homes
- The median age of Powell real estate is 48 years old
The Rental Market in Powell
- Renters make up 20.5% of the Powell population
- 4.1% of houses and apartments in Powell, 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.