The housing market in Okanogan, WA (zip code 98840) is doing well. The median value of homes in this area is $253,300 which is considerably lower than the US median value of $338,100. However, the one-year house appreciation rate in Okanogan is 11.29%, much higher than the US rate of 8.27%. This indicates that buyers are investing inOkanogan real estate, driving up local values and making it a popular choice for potential homeowners.
The median home cost in Okanogan (zip 98840) is $253,300. Home appreciation the last 10 years has been 123.7%. Home Appreciation in Okanogan (zip 98840) is up 16.0%.
Average Age of Homes
- The median age of Okanogan (zip 98840) real estate is 51 years old
The Rental Market in Okanogan (zip 98840)
- Renters make up 26.5% of the Okanogan (zip 98840) population
- 0.4% of houses and apartments in Okanogan (zip 98840), 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.