WA · Metro #193

Yakima - WA housing market

The Yakima metro has a typical home value of $357,811, up 1.6% from a year ago. Homes sell in 20 days on average, a balanced market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$357,811
+1.6% vs. year ago
Median sale price
$374,461
+5.7% YoY
Median list price
$428,333
Sale-to-list ratio
98.6%
Selling below ask
Days on market
20d
Listings w/ price cut
25.2%
New listings / mo
201
+0.5% YoY
Homes for sale
632
+17.9% YoY
Typical rent
$1,450/mo
+3.7% YoY
Context

How to read this data

The typical home value ($357,811) 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 1.6% over the past year. In Yakima - WA, that means a home worth $352,176 last year is now worth roughly $357,811.

The median sale price , what homes actually close for , is $374,461. Homes are selling at 98.6% of list price, meaning buyers have room to negotiate.

Homes listed in Yakima - WA sit on the market for roughly 20 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 201 new listings hit the market each month in Yakima - WA. There are currently 632 homes for sale, up 17.9% from a year ago.

The typical monthly rent in Yakima - WA is $1,450, up 3.7% year over year. For investors, the price-to-rent ratio here is roughly 21x 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$745,263 -1.8% 12.0d
Spokane - WA$425,178 +0.2% 16.0d
Kennewick - WA$443,018 +0.1% 17.0d
Olympia - WA$533,819 +0.3% 14.0d
Bremerton - WA$588,433 +1.4% 10.0d
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