The housing market in the Shelton, WA Metro Area is considerably higher than the national average. With a median value of $416,000, it is significantly more expensive than the U.S. median house value of $338,100. Moreover, over the past year, homes in this area have appreciated by 11.29%, which is even higher than the U.S. 1-year appreciation rate of 8.27%. This indicates that Shelton is a hot spot for real estate and a favorable place to invest in property.
The median home cost in Shelton Metro Area is $416,000. Home appreciation the last 10 years has been 140.9%. Home Appreciation in Shelton Metro Area is up 16.1%.
Average Age of Homes
- The median age of Shelton Metro Area real estate is 32 years old
The Rental Market in Shelton Metro Area
- Renters make up 15.5% of the Shelton Metro Area population
- 0.8% of houses and apartments in Shelton 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.