Foreclosure Homes in Sumner, WA

Current Market Conditions in Sumner, WA

The real estate market in Sumner, WA, remains competitive, with home prices steadily increasing over the past few months. Low inventory has fueled demand, resulting in multiple offers on properties. Many buyers are attracted to the area for its quality schools and community-oriented lifestyle, making it a hot spot for first-time homebuyers and families alike.

Recent statistics indicate that the median home values have seen a 10% increase year-over-year, reflecting the growth and desirability of the area. Housing trends show a mix of new developments and well-preserved historic homes, catering to diverse buyer preferences.

Rent Prices In Sumner, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sumner, WA, is on a rollercoaster ride. The average rent price in Sumner, WA, is $1,737.00. Indeed, when looking to rent in Sumner, WA, you can expect to pay as little as $910.00 or as much as $3,900.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Sumner, 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.