Foreclosure Homes in Black Diamond, WA

Current Market Conditions in Black Diamond, WA

The real estate market in Black Diamond, WA, has shown consistent growth over the past year, largely driven by low inventory and increased demand for homes. The area has attracted those looking for a tranquil lifestyle away from the hustle of nearby cities, contributing to rising prices and competition among buyers.

As of late 2023, homes in Black Diamond are showing a steady appreciation in value, with many properties receiving multiple offers. The typical homebuyer is often looking for larger homes with outdoor space, which has fueled a significant interest in properties with land.

Rent Prices In Black Diamond, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Black Diamond, WA, is on a rollercoaster ride. The average rent price in Black Diamond, WA, is $1,949.00. Indeed, when looking to rent in Black Diamond, WA, you can expect to pay as little as $810.00 or as much as $3,210.00, with the average rent median estimated to be $1,980.00. The good news is that finding an affordable and desirable property to rent in Black Diamond, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.