Real Estate Market Update for 98901 (Yakima, WA)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 50% from one year earlier, and up 20% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 100%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 170-thousand dollars. The number of units sold increased 100% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 98901 (Yakima, WA)
Area Information for 98901 (Yakima, WA)
  • Population: 31,070
  • Median Age: 30.57 yr
  • Median Commute Time: 16.21 mins
  • Educational Climate*: 2
  • Sales Tax: 8%
  • Population Density: 266/sq mi
  • Population Change Since 2000: 10.39%
  • Closest Airport: Yakima Air Terminal/mcallister Field
  • Closest College: Central Washington University
  • Closest Jr. College: Yakima Valley Community College
  • Median Household Income: $37,569
  • Annual Residential Turnover: 27.79%
  • Median Years in Residence: 2.51 yr
  • Median Home Sales Price: $146,000
  • Closest Major Sports Team: Tacoma Rainiers
  • Change Avg. Household Income Since 2000: 35%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 98901 (Yakima, WA)
Median Age: 30.57 Married: 26% Number of Households: 9,910 Households with Children: 4,234
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 98901 (Yakima, WA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Riverside Christian School 2.6 mi Private PRESCHOOL-12 0 4
      Yakima Valley Technical Skills Center 3.6 mi Public 11-12 0 3
      Washington Middle School 3.7 mi Public 6-8 0 3
      East Valley High School 3.8 mi Public 9-12 3 3
      Adams Elementary School 3.8 mi Public PRESCHOOL-5 1 2
      East Valley Intermediate School 3.8 mi Public PRESCHOOL-5 1 4
      East Valley Central Middle School 3.9 mi Public 6-8 2 3
      St Joseph Marquette Catholic School 4.0 mi Catholic PRESCHOOL-8 0 5
      Barge-lincoln Elementary School 4.1 mi Public K-5 1 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 98901 (Yakima, WA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.