Foreclosures in Yakima, WA 98908

Current Market Conditions in Yakima, WA

Yakima's real estate market has seen steady growth over the past few years, with increased interest from both homebuyers and investors. The demand for homes in Yakima is on the rise due to its appealing lifestyle and affordability compared to larger metropolitan areas. With a balanced mix of new developments and charming older homes, buyers have various options to choose from in this thriving market.

The market is characterized by a relatively low inventory of homes for sale, leading to increased competition among buyers. This has caused home prices to appreciate at a moderate pace. Buyers can expect to find a mix of single-family homes, townhomes, and even opportunities for investment properties in this growing city.

Rent Prices In Yakima, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Yakima, WA, is on a rollercoaster ride. The average rent price in Yakima, WA, is $1,176.00. Indeed, when looking to rent in Yakima, WA, you can expect to pay as little as $480.00 or as much as $4,230.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Yakima, 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.