Living in Chimacum, WA
Chimacum, WA, is a charming, rural community surrounded by natural beauty. With a warm, welcoming atmosphere and easy access to outdoor activities, it's perfect for those looking to escape the hustle and bustle of city life. Enjoy the local artisan culture and nearby amenities in Port Townsend while embracing the tranquility of small-town living.
Current Market Conditions in Chimacum, WA
The real estate market in Chimacum, WA, has shown steady growth over the past year, with an increasing demand for homes due to its appealing lifestyle and scenic beauty. As more individuals are looking to escape urban environments, the area has become a desirable location for those seeking spacious properties and a strong sense of community. As of now, the inventory of homes for sale remains limited, leading to competitive pricing and increased values.
Current trends in Chimacum indicate a shift towards more modern homes as buyers look for energy-efficient features and spacious layouts that accommodate remote work and family living. With a variety of properties ranging from historic homes to new constructions, the market appeals to various buyers, yet the steady price increases hint at a rising interest in this serene community.
Home Value Estimator For Chimacum, WA
There are currently 609 real estate properties
in Chimacum, WA,
with a median automated valuation model (AVM) price
of $499,817.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chimacum, 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 Chimacum, WA,
is $533,814.00, with the most expensive house
in Chimacum, WA, topping out
at $2,348,240.00 and the cheapest home
in Chimacum, WA,
clocking in at $49,586.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chimacum, WA!
Rent Prices
In Chimacum, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chimacum, WA, is on
a rollercoaster ride. The
average rent price in Chimacum, WA,
is $1,573.00. Indeed, when looking to rent in
Chimacum, WA, you can expect to pay as little
as $760.00 or as much
as $2,790.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Chimacum, 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.
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