The housing market in Elk Mountain, WY is very strong. The median value of a home in the area is $204,300, which is significantly lower than the US house median value of $338,100. However, this can be partially attributed to the fact that house appreciation in Elk Mountain over the past year has been 11.08%, which is higher than the national average of 8.27%. With this steady appreciation and a low median cost for homes, it's a great place to invest in real estate.
The median home cost in Elk Mountain is $204,300. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Elk Mountain is up 16.7%.
Average Age of Homes
- The median age of Elk Mountain real estate is 51 years old
The Rental Market in Elk Mountain
- Renters make up 15.5% of the Elk Mountain population
- 3.7% of houses and apartments in Elk Mountain, 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.