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Rent To Own Homes in Elk, WA

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Elk, WA Foreclosures

How much do homes sell for in Elk, WA?
The average home price is currently $411,290.
In Elk, WA, how many homes are available?
There are currently 5 active home listings available in Elk.
What’s the average rental cost in Elk, WA?
The average rental price in Elk is $1,332.
What is the most expensive home in Elk?
The most expensive home sold in Elk had a price of $35,948,000.
What is currently the cheapest priced home in Elk, WA?
The cheapest home for sale in Elk is priced at $18,252.

Living in Elk, WA

Elk, WA is a serene, rural community surrounded by beautiful natural landscapes and outdoor recreational opportunities. It's an ideal location for those seeking a peaceful lifestyle while being within easy reach of Spokane's urban conveniences.

Current Market Conditions in Elk, WA

The Elk real estate market currently reflects a stable environment with moderate growth. The rural nature of Elk attracts buyers looking for larger properties, making it a competitive field for homes with more land. As demand for space and natural beauty continues to rise, home prices have steadily increased over the past few months.

Market trends indicate that properties in Elk are appealing to first-time homebuyers and those looking to downsize from urban areas. With more families considering remote work options, the interest in homes in Elk is likely to continue, supporting a healthy real estate market.

Home Value Estimator For Elk, WA

There are currently 1,841 real estate properties in Elk, WA, with a median automated valuation model (AVM) price of $340,876.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elk, 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 Elk, WA, is $411,290.00, with the most expensive house in Elk, WA, topping out at $35,948,000.00 and the cheapest home in Elk, WA, clocking in at $18,252.00. In other words, there’s something for every potential homebuyer or savvy investor in Elk, WA!

Rent Prices In Elk, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elk, WA, is on a rollercoaster ride. The average rent price in Elk, WA, is $1,332.00. Indeed, when looking to rent in Elk, WA, you can expect to pay as little as $640.00 or as much as $2,880.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Elk, 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.

Elk, WA Rent To Own Homes

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