A LOOK AT MILWAUKIE MEDIAN HOME VALUES: $492k 🏡📈
After annual increases and decreases from 2020 to 2022, Milwaukie's October median home values have increased by 1% during the last year and are currently $492k.
The average annual appreciation, or home value growth, should be approximately 4% to 6%. An annual appreciation of 17% or (16%) is not the norm or sustainable. Real estate is a long-term investment; these highs and lows average over the years. When looking at the 5-year, 10-year, or 20-year annual appreciation graphs, the numbers average around the 4% to 6% benchmark.
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