The housing market in South Bend, WA (98586) is currently strong. According to the latest data, the median value of homes in the area is $244,800, which is significantly lower than the US House median of $338,100. However, it should be noted that home values in South Bend have still seen a significant appreciation over the past year at 8.98%, slightly higher than the national 1-year house appreciation rate of 8.27%. This demonstrates that real estate continues to be a reliable investment option in this area and those looking for housing should consider South Bend as an option.
The median home cost in South Bend (zip 98586) is $244,800. Home appreciation the last 10 years has been 140.9%. Home Appreciation in South Bend (zip 98586) is up 16.1%.
Average Age of Homes
- The median age of South Bend (zip 98586) real estate is 60 years old
The Rental Market in South Bend (zip 98586)
- Renters make up 32.3% of the South Bend (zip 98586) population
- 0.0% of houses and apartments in South Bend (zip 98586), 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.