WA · Metro #193

Yakima - WA housing market

The Yakima metro has a typical home value of $355,256, up 1.9% 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
$355,256
+1.9% vs. year ago
Median sale price
$370,869
+3.9% YoY
Median list price
$425,000
Sale-to-list ratio
98.5%
Selling below ask
Days on market
20d
Listings w/ price cut
24.6%
New listings / mo
196
+6.5% YoY
Homes for sale
590
+22.9% YoY
Typical rent
$1,371/mo
+2.5% YoY
Context

How to read this data

The typical home value ($355,256) 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 1.9% over the past year. In Yakima - WA, that means a home worth $348,632 last year is now worth roughly $355,256.

The median sale price , what homes actually close for , is $370,869. Homes are selling at 98.5% 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 24.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 196 new listings hit the market each month in Yakima - WA. There are currently 590 homes for sale, up 22.9% from a year ago.

The typical monthly rent in Yakima - WA is $1,371, up 2.5% year over year. For investors, the price-to-rent ratio here is roughly 22x 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$750,279 -1.9% 10.0d
Spokane - WA$423,842 +0.3% 15.0d
Kennewick - WA$441,524 +0.0% 18.0d
Olympia - WA$533,918 +0.3% 11.0d
Bremerton - WA$586,380 +1.6% 9.0d
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