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Foreclosure Auction Homes in Lynnwood, WA

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Living in Lynnwood, WA

Lynnwood, WA, is a flourishing community that balances urban convenience with suburban charm. Residents enjoy a rich variety of shopping, dining, and outdoor activities. The city is renowned for its excellent schools and family-friendly environment, making it a desirable location for families and professionals.

Current Market Conditions in Lynnwood, WA

Lynnwood is currently experiencing a competitive real estate market with steady demand for housing. A growing number of buyers are attracted to the area due to its affordability relative to neighboring cities like Seattle, along with its robust job market and quality of life.

Recent trends indicate an increase in new constructions and developments, particularly multi-family homes and townhouses, to accommodate the growing population. This growth is stimulating both property values and interest from investors looking for rental opportunities.

Home Value Estimator For Lynnwood, WA

There are currently 23,950 real estate properties in Lynnwood, WA, with a median automated valuation model (AVM) price of $804,798.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lynnwood, 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 Lynnwood, WA, is $850,478.00, with the most expensive house in Lynnwood, WA, topping out at $70,271,624.00 and the cheapest home in Lynnwood, WA, clocking in at $14,787.00. In other words, there’s something for every potential homebuyer or savvy investor in Lynnwood, WA!

Rent Prices In Lynnwood, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lynnwood, WA, is on a rollercoaster ride. The average rent price in Lynnwood, WA, is $1,899.00. Indeed, when looking to rent in Lynnwood, WA, you can expect to pay as little as $900.00 or as much as $5,700.00, with the average rent median estimated to be $1,920.00. The good news is that finding an affordable and desirable property to rent in Lynnwood, 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.

Lynnwood, WA Foreclosure Auction Homes


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