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Preforeclosure Homes in Ephrata, WA 98823

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Living in Ephrata, WA

Ephrata, WA, offers a warm small-town vibe with beautiful outdoor spaces, strong community values, and a variety of amenities. Residents enjoy recreational activities and a peaceful lifestyle, while the area's friendly neighborhoods and educational institutions make it ideal for families.

Current Market Conditions in Ephrata, WA

The real estate market in Ephrata is currently experiencing steady growth, driven by an influx of new residents seeking affordable housing options and a high quality of life. Home prices have shown an upward trend, indicating a healthy demand for properties in the area.

Investors can find attractive opportunities in both single-family homes and multi-family units, thanks to the rising population and increased interest in the region. The availability of spacious properties at competitive prices makes Ephrata a compelling option for real estate investment.

Home Value Estimator For Ephrata, WA

There are currently 4,000 real estate properties in Ephrata, WA, with a median automated valuation model (AVM) price of $297,469.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ephrata, 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 Ephrata, WA, is $339,235.00, with the most expensive house in Ephrata, WA, topping out at $9,724,021.00 and the cheapest home in Ephrata, WA, clocking in at $22,499.00. In other words, there’s something for every potential homebuyer or savvy investor in Ephrata, WA!

Rent Prices In Ephrata, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ephrata, WA, is on a rollercoaster ride. The average rent price in Ephrata, WA, is $1,241.00. Indeed, when looking to rent in Ephrata, WA, you can expect to pay as little as $560.00 or as much as $2,920.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Ephrata, 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.

Ephrata, WA 98823 Preforeclosure Homes


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