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Foreclosure Homes in Cheney, WA

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Cheney, WA Foreclosures

How much do homes sell for in Cheney, WA?
The average home price is currently $410,389.
In Cheney, WA, how many homes are available?
There are currently 22 active home listings available in Cheney.
What’s the average rental cost in Cheney, WA?
The average rental price in Cheney is $1,375.
What is the most expensive home in Cheney?
The most expensive home sold in Cheney had a price of $9,607,047.
What is currently the cheapest priced home in Cheney, WA?
The cheapest home for sale in Cheney is priced at $20,113.

Living in Cheney, WA

Cheney, WA is a welcoming small town that combines a pleasant community vibe with easy access to urban amenities in nearby Spokane. Its local charm is complemented by an abundance of outdoor activities and educational facilities, making it an ideal place for families and individuals alike. The area is known for its parks, historic downtown, and proximity to Eastern Washington University.

Current Market Conditions in Cheney, WA

The real estate market in Cheney, WA is currently characterized by a steady growth trend, fueled by increased interest from families and young professionals seeking affordable housing options. The median home prices have seen a moderate increase over the past year, reflecting a mix of demand for both new construction and existing homes.

Cheney's attractiveness as a college town and its proximity to Spokane continue to drive buyer interest, leading to multiple offers on many listings as competition among buyers rises in this charming region.

Home Value Estimator For Cheney, WA

There are currently 6,938 real estate properties in Cheney, WA, with a median automated valuation model (AVM) price of $371,417.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cheney, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cheney, WA, is $410,389.00, with the most expensive house in Cheney, WA, topping out at $9,607,047.00 and the cheapest home in Cheney, WA, clocking in at $20,113.00. In other words, there’s something for every potential homebuyer or savvy investor in Cheney, WA!

Rent Prices In Cheney, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cheney, WA, is on a rollercoaster ride. The average rent price in Cheney, WA, is $1,375.00. Indeed, when looking to rent in Cheney, WA, you can expect to pay as little as $640.00 or as much as $2,860.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Cheney, 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.

Cheney, WA Foreclosures

Market Trend for Cheney, WA

Total Listings Available: 22

Market Values:

Home Prices from $20,113 to $9,607,047

Average Sales Price: $410,389

Rental Values:

Rental from $640 to $2,860

Average Rent Value: $1,375 / month

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