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Preforeclosure Homes in Sumas, WA 98295

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Living in Sumas, WA

Sumas is a quaint community in Whatcom County, WA, offering a peaceful lifestyle amidst beautiful natural surroundings. The town features local amenities, excellent schools, and abundant outdoor activities. Its close proximity to the Canadian border enhances its appeal, making it a great location for families and investors alike.

Current Market Conditions in Sumas, WA

The real estate market in Sumas is currently experiencing steady growth, with an increase in demand for both residential and rental properties. Investors are drawn to the affordability of homes compared to surrounding areas, creating opportunities for profitable investments.

The trend towards remote working has contributed to a rising interest in Sumas as more individuals seek out homes in peaceful, rural settings while maintaining access to urban conveniences. This shift is likely to bolster property values in the long run.

Home Value Estimator For Sumas, WA

There are currently 1,378 real estate properties in Sumas, WA, with a median automated valuation model (AVM) price of $408,112.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sumas, 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 Sumas, WA, is $451,817.00, with the most expensive house in Sumas, WA, topping out at $4,837,400.00 and the cheapest home in Sumas, WA, clocking in at $10,521.00. In other words, there’s something for every potential homebuyer or savvy investor in Sumas, WA!

Rent Prices In Sumas, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sumas, WA, is on a rollercoaster ride. The average rent price in Sumas, WA, is $1,427.00. Indeed, when looking to rent in Sumas, WA, you can expect to pay as little as $600.00 or as much as $4,320.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Sumas, 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.

Sumas, WA 98295 Preforeclosure Homes


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