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Foreclosure Auction Homes in Ellensburg, WA

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Living in Ellensburg, WA

Ellensburg boasts a charming downtown, vibrant community spirit, and access to beautiful outdoor recreational activities. The presence of Central Washington University fills the city with a youthful energy and cultural richness. From local farms to lively community events, Ellensburg is a great place for families and outdoor enthusiasts alike.

Current Market Conditions in Ellensburg, WA

The real estate market in Ellensburg has shown stable growth with a steady increase in demand for housing. As more people look to escape the hustle and bustle of larger cities, Ellisburg's affordable housing prices in comparison make it an attractive option for potential buyers and investors.

Recently, the trend has shifted towards more families and young professionals moving into the area, leading to a competitive market. Investors are finding opportunities in fixer-uppers and new constructions to meet the growing demand, ensuring a potential for rental income and long-term appreciation.

Home Value Estimator For Ellensburg, WA

There are currently 9,953 real estate properties in Ellensburg, WA, with a median automated valuation model (AVM) price of $474,228.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellensburg, 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 Ellensburg, WA, is $561,614.00, with the most expensive house in Ellensburg, WA, topping out at $14,086,722.00 and the cheapest home in Ellensburg, WA, clocking in at $15,584.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellensburg, WA!

Rent Prices In Ellensburg, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellensburg, WA, is on a rollercoaster ride. The average rent price in Ellensburg, WA, is $1,575.00. Indeed, when looking to rent in Ellensburg, WA, you can expect to pay as little as $750.00 or as much as $4,060.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Ellensburg, 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.

Ellensburg, WA Foreclosure Auction Homes


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