Zip 99004 (Cheney, WA) Housing

The housing in 99004 Cheney, WA is an attractive market for potential buyers. The median value of the houses in this area is $391,200, which is higher than the US median house value of $338,100. Additionally, the one-year house appreciation rate in this area is 8.86%, which is higher than the national average of 8.27%. Therefore, real estate investments here are likely to yield a good return on investment.

The median home cost in Cheney (zip 99004) is $391,200. Home appreciation the last 10 years has been 147.4%. Home Appreciation in Cheney (zip 99004) is up 18.1%.

Average Age of Homes

- The median age of Cheney (zip 99004) real estate is 27 years old

The Rental Market in Cheney (zip 99004)

- Renters make up 42.1% of the Cheney (zip 99004) population
- 2.6% of houses and apartments in Cheney (zip 99004), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cheney, Washington	United States
	8,958.0	139,647,020.0
	30	42
	$391,200	$338,100
	18.1%	16.6%
	93.6%	57.0%
	147.4%	101.1%
	$8.62	$10.98
	$2,425	$2,690
	53.0%	57.4%
	7.7%	11.2%
	39.4%	31.4%
Vacant Housing
	2.6%	1.9%
	0.7%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	1.9%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	1.6%	2.4%
	0.3%	2.8%
	0.8%	3.9%
	0.3%	4.5%
	4.8%	11.3%
	8.7%	13.0%
	35.1%	20.1%
	22.7%	13.6%
	10.1%	8.3%
	7.5%	9.7%
	2.4%	3.9%
	1.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	23.7%	13.6%
	23.7%	13.6%
	14.1%	13.6%
	9.6%	13.2%
	16.9%	14.8%
	14.1%	13.6%
	6.7%	10.0%
	1.6%	4.7%
	3.8%	12.2%

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