Yakima, WA

Population: 93,257
Average annual home appreciation rate: 3.18%
Total of homes for sale in this market: 25
Median home price: $158,258
Median Rent: $769 per room
Home price range: 45.76% of homes are between $101,001 – $201,000
Median sales price: $150,000
Number of homes: 47
Median foreclosure sales price: $101,869
Foreclosure discount: 32%
Most common home type: 59.31% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.03%
Number of renters: 47.97%
Number of owner occupied: 52.03%
Number people living below poverty level: 24.36%
Unemployment rate: 6.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Yakima area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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