The housing market in Thorp, WA is doing quite well compared to the national average. The median home value in Thorp is $430,700, which is significantly higher than the US median of $338,100. Although the 1 year house appreciation rate in Thorp is slightly lower than the US at 7.94%, it still shows a steady increase in property values and indicates that housing prices are continuing to rise in Thorp. This trend suggests that investing in property here would be a wise decision for prospective home buyers.
The median home cost in Thorp is $430,700. Home appreciation the last 10 years has been 111.5%. Home Appreciation in Thorp is up 13.4%.
Average Age of Homes
- The median age of Thorp real estate is 46 years old
The Rental Market in Thorp
- Renters make up 48.2% of the Thorp population
- 0.0% of houses and apartments in Thorp, 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.