The housing market in Yakima, WA Metro Area is thriving. The median value of a house in this area is $302,900 which is slightly lower than the US median of $338,100. However, Yakima homes have seen an even greater appreciation rate than the rest of the country, with a 1 year appreciation rate of 9.82%, compared to 8.27% nationally. This indicates that Yakima's housing market is booming and home values are likely to continue increasing in the near future.
The median home cost in Yakima Metro Area is $302,900. Home appreciation the last 10 years has been 111.5%. Home Appreciation in Yakima Metro Area is up 13.4%.
Average Age of Homes
- The median age of Yakima Metro Area real estate is 44 years old
The Rental Market in Yakima Metro Area
- Renters make up 35.4% of the Yakima Metro Area population
- 1.0% of houses and apartments in Yakima Metro Area, 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.