October's First-Time Homebuyer Report for Alger

Alger is a smaller-than-average city in Washington that has seen a 22.4% increase in population over the last 10 years. It also has a total population of 403. Alger is made up of homes that are of moderate age with a median of 20 years. Heading the list of top schools in the city is Big Lake Elementary School.

Price Range

Alger has some of the more expensive homes in the state with a median home value of $243,200 and a current average list price of $412,912.

Typical Dwelling

A three-bedroom detached home valued around $453,000 is considered a typical dwelling in Alger. If a buyer was looking for a similar home, they would need good credit and a $90,600 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $33 and the property tax rate is $10.94 per $1,000 of taxable assessed value.

Get started right now by checking out Alger homes for sale or reviewing Alger real estate trends.


Data reported through 10/13/2016

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