Othello Metro Area, WA Housing

The housing market in the Othello, WA Metro Area is thriving with a median value of $261,300, which is much lower than the US median house value of $338,100. The area has also seen a high appreciation rate of 15.22% over the last year, significantly higher than the national average of 8.27%. This growth is indicative of strong demand for property in this area and may continue to provide buyers and investors with attractive opportunities moving forward.

The median home cost in Othello Metro Area is $261,300. Home appreciation the last 10 years has been 123.9%. Home Appreciation in Othello Metro Area is up 17.8%.

Average Age of Homes

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

The Rental Market in Othello Metro Area

- Renters make up 32.7% of the Othello Metro Area population
- 1.7% of houses and apartments in Othello 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	Othello, Washington	United States
	6,696.0	139,647,020.0
	46	42
	$261,300	$338,100
	17.8%	16.6%
	78.3%	57.0%
	123.9%	101.1%
	$9.90	$10.98
	$1,735	$2,690
	57.2%	57.4%
	8.0%	11.2%
	34.8%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	0.7%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	5.6%	2.6%
	4.4%	2.4%
	5.1%	2.8%
	3.6%	3.9%
	4.7%	4.5%
	15.2%	11.3%
	18.6%	13.0%
	23.2%	20.1%
	14.9%	13.6%
	1.7%	8.3%
	1.7%	9.7%
	0.6%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	1.9%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	14.8%	13.6%
	8.1%	13.2%
	22.5%	14.8%
	14.8%	13.6%
	15.2%	10.0%
	2.6%	4.7%
	13.3%	12.2%

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