Housing in 98816 Chelan, WA is very desirable, as the median value is $413,200 which is significantly higher than the US House Median Value of $338,100. The one year appreciation rate for housing in 98816 Chelan, WA has also been particularly strong at 11.29%, much higher than the US 1 year House Appreciation rate of 8.27%. With strong values and appreciation rates, it's no surprise that home buyers are looking to invest in this area.
The median home cost in Chelan (zip 98816) is $413,200. Home appreciation the last 10 years has been 123.7%. Home Appreciation in Chelan (zip 98816) is up 16.0%.
Average Age of Homes
- The median age of Chelan (zip 98816) real estate is 36 years old
The Rental Market in Chelan (zip 98816)
- Renters make up 17.0% of the Chelan (zip 98816) population
- 3.6% of houses and apartments in Chelan (zip 98816), 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.