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Preforeclosure Homes in Yakima, WA

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Living in Yakima, WA

Yakima, WA, offers a unique blend of urban amenities and stunning natural beauty, making it an appealing location for homebuyers. Known for its productive agricultural lands and award-winning wineries, Yakima also features a growing arts scene and diverse recreational activities. The city's friendly community and affordable real estate market are key attractions for new residents.

Current Market Conditions in Yakima, WA

The Yakima real estate market has shown steady growth with a slight increase in home prices over the past few years. The demand for housing in Yakima remains high, fueled by its attractive lifestyle and proximity to outdoor activities. Both first-time homebuyers and real estate investors are finding opportunities in this market as inventory levels adjust to accommodate ongoing demand.

In recent months, the market has become increasingly competitive, leading to multiple offers on properties, particularly in desirable neighborhoods. Buyers are advised to be prepared to act quickly, as homes in Yakima are often selling faster than average.

Home Value Estimator For Yakima, WA

There are currently 45,098 real estate properties in Yakima, WA, with a median automated valuation model (AVM) price of $331,029.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Yakima, 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 Yakima, WA, is $374,915.00, with the most expensive house in Yakima, WA, topping out at $29,525,672.00 and the cheapest home in Yakima, WA, clocking in at $13,804.00. In other words, there’s something for every potential homebuyer or savvy investor in Yakima, WA!

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.

Yakima, WA Preforeclosure Homes


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