Foreclosures in Pasco, WA 99301

Current Market Conditions in Pasco, WA

The real estate market in Pasco has been steadily growing, with a noticeable increase in home prices over the past year. Increased demand for housing can be attributed to the city's expanding job market and its appeal to families seeking affordable living in a bustling community.

New developments are ongoing, with several neighborhoods transitioning into family-oriented communities. Investors are taking notice of Pasco's potential, particularly in the single-family home market that caters to young professionals and families.

The market remains competitive, with multiple offers on desirable listings, and the average days on the market has decreased significantly, reflecting the high demand for housing in the area.

Rent Prices In Pasco, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pasco, WA, is on a rollercoaster ride. The average rent price in Pasco, WA, is $1,376.00. Indeed, when looking to rent in Pasco, WA, you can expect to pay as little as $550.00 or as much as $3,560.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Pasco, 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.