Rock Springs, WY Metro Area is a great place to buy a home. The median housing value is $253,200, which is considerably lower than the US median house value of $338,100. This makes it an attractive option for those looking to purchase real estate in the area. Moreover, the 1 year house appreciation rate in Rock Springs is 11.11%, significantly higher than the US average of 8.27%. These factors make it an ideal time to invest in housing in Rock Springs and take advantage of the attractive appreciation rate.
The median home cost in Rock Springs Metro Area is $253,200. Home appreciation the last 10 years has been 53.0%. Home Appreciation in Rock Springs Metro Area is up 15.8%.
Average Age of Homes
- The median age of Rock Springs Metro Area real estate is 38 years old
The Rental Market in Rock Springs Metro Area
- Renters make up 25.9% of the Rock Springs Metro Area population
- 7.4% of houses and apartments in Rock Springs 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.