Chelan, WA is an attractive housing market for potential buyers. The median value of a house in Chelan is significantly higher than the US median at $424,200 compared to $338,100 respectively. This is further reinforced by the appreciation rate of houses in Chelan which stands at 11.29%, much higher than the national average of 8.27%. These statistics indicate that investing in property in Chelan would likely result in a good return on investment.
The median home cost in Chelan is $424,200. Home appreciation the last 10 years has been 123.7%. Home Appreciation in Chelan is up 16.0%.
Average Age of Homes
- The median age of Chelan real estate is 35 years old
The Rental Market in Chelan
- Renters make up 18.6% of the Chelan population
- 6.5% of houses and apartments in Chelan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.