The housing market in the Ellensburg, WA Metro Area is thriving. The median value for homes in this area is currently $488,000; far surpassing the national house median value of $338,100. The US 1 year house appreciation rate is 8.27%, but the appreciation rate in the Ellensburg area is even higher at 8.46%. This combination of high demand and appreciation makes it an ideal time for anyone looking to buy or sell a home in this area.
The median home cost in Ellensburg Metro Area is $488,000. Home appreciation the last 10 years has been 111.9%. Home Appreciation in Ellensburg Metro Area is up 13.4%.
Average Age of Homes
- The median age of Ellensburg Metro Area real estate is 32 years old
The Rental Market in Ellensburg Metro Area
- Renters make up 32.2% of the Ellensburg Metro Area population
- 2.4% of houses and apartments in Ellensburg 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.