Elma, WA has some of the best housing values in the United States. The median value for a home in Elma is $325,300, which is slightly lower than the national median of $338,100. Despite this, there has been an impressive 8.98% appreciation rate for homes in the past year; even higher than the national average of 8.27%. This suggests that Elma may be a great place to invest in real estate and build lasting wealth.
The median home cost in Elma is $325,300. Home appreciation the last 10 years has been 140.9%. Home Appreciation in Elma is up 16.1%.
Average Age of Homes
- The median age of Elma real estate is 47 years old
The Rental Market in Elma
- Renters make up 50.6% of the Elma population
- 0.0% of houses and apartments in Elma, 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.