Real Estate Market Update for 98908 (Yakima, WA)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was stable from one year earlier, and down 20% from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just over 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 22%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 80-thousand dollars. The number of units sold decreased 50% year-over-year, and increased 100% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 98908 (Yakima, WA)
Area Information for 98908 (Yakima, WA)
  • Population: 36,575
  • Median Age: 40.65 yr
  • Median Commute Time: 16.2 mins
  • Educational Climate*: 4
  • Sales Tax: 7.9%
  • Population Density: 370/sq mi
  • Population Change Since 2000: 15.91%
  • Closest Airport: Yakima Air Terminal/mcallister Field
  • Closest College: Heritage University
  • Closest Jr. College: Yakima Valley Community College
  • Median Household Income: $60,600
  • Annual Residential Turnover: 21.18%
  • Median Years in Residence: 3.56 yr
  • Median Home Sales Price: $189,000
  • Closest Major Sports Team: Tacoma Rainiers
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 98908 (Yakima, WA)
Median Age: 40.65 Married: 42% Number of Households: 14,354 Households with Children: 4,625
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 98908 (Yakima, WA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Apple Valley Elementary School 2.1 mi Public K-4 0 3
      Cottonwood Elementary School 2.4 mi Public K-4 0 4
      Mountainview Elementary School 2.9 mi Public K-4 0 4
      West Valley High School 3.0 mi Public 10-12 2 4
      West Valley High School Freshman Campus 3.2 mi Public 9-9 4 0
      Wide Hollow Elementary School 3.3 mi Public K-4 0 3
      Oakridge Montessori School 3.4 mi Private PRESCHOOL-8 0 0
      Summitview Elementary School 3.5 mi Public K-4 0 5
      West Valley Middle School 3.6 mi Public 5-6 2-5 3
      West Valley Jr High School 3.7 mi Public 7-8 0 4
      Yakima Adventist Christian School 4.1 mi Private PRESCHOOL-10 0 4
      Naches Valley Primary School 4.5 mi Public K-2 0 0
      Gilbert Elementary School 4.5 mi Public K-5 1 2
      Montessori School Of Yakima 4.6 mi Private PRESCHOOL-6 0 5
      Eisenhower High School 4.8 mi Public 9-12 1 3
      Wilson Middle School 4.8 mi Public 6-8 2 4
      Terrace Heights Elementary School 4.9 mi Public K-5 3-5 5
      Whitney Elementary School 4.9 mi Public PRESCHOOL-5 3-5 5
      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 98908 (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.