Living in Clearlake, WA
Clearlake, WA, is a charming community that offers a peaceful lifestyle surrounded by nature. Known for its vibrant outdoor activities and local amenities, it is a perfect place for families and individuals alike. With proximity to larger urban areas, Clearlake provides a unique blend of rural tranquility and urban convenience.
Current Market Conditions in Clearlake, WA
The real estate market in Clearlake has been experiencing steady growth, with an increase in demand for homes as more individuals and families seek refuge in this scenic location. Property values have been rising moderately, making it a potentially lucrative investment opportunity for real estate investors.
Current trends show that there is a healthy interest in both single-family homes and vacation properties in the area. As the population grows, especially in the summer months when tourists flock to enjoy the lake, the rental market is also seeing notable activity, which can provide additional income streams for property owners.
Home Value Estimator For Clearlake, WA
There are currently 25 real estate properties
in Clearlake, WA,
with a median automated valuation model (AVM) price
of $529,442.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clearlake, 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 Clearlake, WA,
is $493,242.00, with the most expensive house
in Clearlake, WA, topping out
at $885,294.00 and the cheapest home
in Clearlake, WA,
clocking in at $31,020.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clearlake, WA!
Rent Prices
In Clearlake, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clearlake, WA, is on
a rollercoaster ride. The
average rent price in Clearlake, WA,
is $1,472.00. Indeed, when looking to rent in
Clearlake, WA, you can expect to pay as little
as $970.00 or as much
as $1,940.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Clearlake, 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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