Washington, OR County has a median housing value of $545,400 which is significantly higher than the US median housing value of $338,100. Despite the large difference in median values, the appreciation rate of homes in Washington county lags marginally behind that of the US as a whole with a 1 year appreciation rate of 6.07% compared to 8.27%. The slightly lower appreciation rate combined with the high median value indicates that real estate in Washington county can be both profitable and secure for investors and home owners alike.
The median home cost in Washington County is $545,400. Home appreciation the last 10 years has been 136.5%. Home Appreciation in Washington County is up 11.2%.
Average Age of Homes
- The median age of Washington County real estate is 30 years old
The Rental Market in Washington County
- Renters make up 37.3% of the Washington County population
- 1.4% of houses and apartments in Washington County, 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.