Washington Metro Area, IN Housing

Washington, IN Metro Area has seen a steady growth in housing prices over the past year. The median value of houses in the area is $178,300, which is significantly lower than the US house median value of $338,100. However, this difference seems to be offset by the similar appreciation rate of 8.27% for both US and Washington Metro Area house values. This implies that investment in housing in this area could be very profitable and it appears that people are taking advantage of this opportunity as demand for housing continues to grow.

The median home cost in Washington Metro Area is $178,300. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Washington Metro Area is up 13.8%.

Average Age of Homes

- The median age of Washington Metro Area real estate is 44 years old

The Rental Market in Washington Metro Area

- Renters make up 23.6% of the Washington Metro Area population
- 0.9% of houses and apartments in Washington Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Washington, Indiana	United States
	12,719.0	139,647,020.0
	48	42
	$178,300	$338,100
	13.8%	16.6%
	45.2%	57.0%
	63.6%	101.1%
	$7.56	$10.98
	$1,180	$2,690
	63.6%	57.4%
	8.6%	11.2%
	27.7%	31.4%
Vacant Housing
	0.9%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	3.0%	2.4%
	4.3%	2.8%
	9.6%	3.9%
	10.1%	4.5%
	17.7%	11.3%
	19.4%	13.0%
	21.4%	20.1%
	7.4%	13.6%
	2.6%	8.3%
	1.5%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.6%	13.6%
	14.6%	13.6%
	11.5%	13.6%
	8.0%	13.2%
	11.6%	14.8%
	11.5%	13.6%
	8.4%	10.0%
	5.8%	4.7%
	21.7%	12.2%

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