Living in Wallula, WA
Wallula, Washington, is a quaint community located along the Columbia River, offering a peaceful rural lifestyle close to vibrant urban amenities. Known for its stunning river views and recreational opportunities, it’s a great spot for outdoor enthusiasts. The close-knit community fosters a welcoming atmosphere, making it ideal for families and retirees alike.
Current Market Conditions in Wallula, WA
The real estate market in Wallula has shown signs of stability over the past few months, with a steady flow of buyers interested in the unique properties available. The demand for homes near the Columbia River has driven prices slightly upward, though it remains an affordable area compared to nearby urban centers.
Recent trends indicate an increase in young families moving into the area, drawn by its peaceful environment, excellent outdoor activities, and lower cost of living compared to larger cities. This demographic shift is likely to continue impacting the housing market positively.
Home Value Estimator For Wallula, WA
There are currently 21 real estate properties
in Wallula, WA,
with a median automated valuation model (AVM) price
of $245,958.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wallula, 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 Wallula, WA,
is $281,061.00, with the most expensive house
in Wallula, WA, topping out
at $686,000.00 and the cheapest home
in Wallula, WA,
clocking in at $137,631.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wallula, WA!
Rent Prices
In Wallula, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wallula, WA, is on
a rollercoaster ride. The
average rent price in Wallula, WA,
is $1,098.00. Indeed, when looking to rent in
Wallula, WA, you can expect to pay as little
as $840.00 or as much
as $1,490.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Wallula, 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.