WA · Metro #193

Yakima - WA housing market

The Yakima metro has a typical home value of $353,708, up 2.0% from a year ago. Homes sell in 33 days on average - a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$353,708
+2.0% vs. year ago
Median sale price
$360,716
-1.1% YoY
Median list price
$421,667
Sale-to-list ratio
98.8%
Selling below ask
Days on market
33d
Listings w/ price cut
23.3%
New listings / mo
177
+22.9% YoY
Homes for sale
543
+26.0% YoY
Typical rent
$1,244/mo
+2.0% YoY
Context

How to read this data

The typical home value ($353,708) is the Zillow Home Value Index for the Yakima - WA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.0% over the past year. In Yakima - WA, that means a home worth $346,773 last year is now worth roughly $353,708.

The median sale price , what homes actually close for , is $360,716. Homes are selling at 98.8% of list price, meaning buyers have room to negotiate.

Homes listed in Yakima - WA sit on the market for roughly 33 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 177 new listings hit the market each month in Yakima - WA. There are currently 543 homes for sale, up 26.0% from a year ago.

The typical monthly rent in Yakima - WA is $1,244, up 2.0% year over year. For investors, the price-to-rent ratio here is roughly 24x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in WA

MetroHome value1-yr changeDays on market
Seattle - WA$755,116 -1.9% 9.0d
Spokane - WA$421,901 +0.4% 23.0d
Kennewick - WA$441,609 +-0.0% 24.0d
Olympia - WA$532,620 +0.4% 13.0d
Bremerton - WA$584,472 +1.8% 9.0d
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