Real Estate Market Update for 99023 (Mica, WA)

Video: Real Estate Community Tour for 99023 (Mica, WA)

See Real estate community tour for 99023 (Mica, WA)
Welcome to August'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 down 100% from one year earlier, and down 100% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was under 10-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The number of units sold was consistent year-over-year, and held steady month-over-month. ... an indication that local market conditions were basically unchanged. 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 99023 (Mica, WA)
Area Information for 99023 (Mica, WA)
  • Population: 532
  • Median Age: 49.24 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 39/sq mi
  • Population Change Since 2000: 39.18%
  • Closest Airport: Spokane International
  • Closest College: Itt Technical Institute-spokane Valley
  • Closest Jr. College: Spokane Community College
  • Median Household Income: $82,400
  • Annual Residential Turnover: 6%
  • Median Home Sales Price: $308,500
  • Closest Major Sports Team: Spokane Indians (a)
  • Change Avg. Household Income Since 2000: 29.2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 99023 (Mica, WA)
Median Age: 49.24 Married: 58% Number of Households: 191 Households with Children: 69
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
      Local Weather for 99023 (Mica, WA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.