The housing market in Ridgefield, WA (98642) is quite strong. The median value of homes in the area is $598,500, which is significantly higher than the US median value of $338,100. This is reflective of the overall appreciation rate for homes in Ridgefield, which stands at 8.46%, slightly higher than the national average of 8.27%. Given these numbers, it's no surprise that Ridgefield has become a popular destination for home buyers who are looking for a more expensive home with excellent potential for appreciation.
The median home cost in Ridgefield (zip 98642) is $598,500. Home appreciation the last 10 years has been 161.0%. Home Appreciation in Ridgefield (zip 98642) is up 13.7%.
Average Age of Homes
- The median age of Ridgefield (zip 98642) real estate is 22 years old
The Rental Market in Ridgefield (zip 98642)
- Renters make up 17.5% of the Ridgefield (zip 98642) population
- 1.5% of houses and apartments in Ridgefield (zip 98642), 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.