Living in Wenatchee, WA
Wenatchee, WA, is a picturesque city in Central Washington, known for its beautiful landscapes and outdoor recreational opportunities. With a growing community, excellent schools, and a vibrant social scene, it offers a blend of small-town charm and modern amenities. Perfect for families and outdoor enthusiasts alike.
Current Market Conditions in Wenatchee, WA
The Wenatchee real estate market has shown steady growth, with home prices increasing over the last year, reflecting the area’s popularity and demand. With its beautiful scenery and high quality of life, more buyers are looking towards this region, making it a hotspot for real estate investment.
Inventory levels have been fluctuating, but overall, there is a shortage of homes for sale, which has contributed to rising prices, pushing new construction to meet the high demand for housing.
Home Value Estimator For Wenatchee, WA
There are currently 15,002 real estate properties
in Wenatchee, WA,
with a median automated valuation model (AVM) price
of $469,626.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wenatchee, 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 Wenatchee, WA,
is $539,317.00, with the most expensive house
in Wenatchee, WA, topping out
at $54,189,980.00 and the cheapest home
in Wenatchee, WA,
clocking in at $17,860.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wenatchee, WA!
Rent Prices
In Wenatchee, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wenatchee, WA, is on
a rollercoaster ride. The
average rent price in Wenatchee, WA,
is $1,485.00. Indeed, when looking to rent in
Wenatchee, WA, you can expect to pay as little
as $550.00 or as much
as $4,490.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Wenatchee, 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.
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