Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 14,043, 5,095 total housing units (homes and apartments), and a median house value of $467,660, East Wenatchee real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in East Wenatchee, accounting for 59.37% of the city's housing units. Other types of housing that are prevalent in East Wenatchee include duplexes, homes converted to apartments or other small apartment buildings ( 16.81%), large apartment complexes or high rise apartments ( 11.70%), and a few mobile homes or trailers ( 7.26%).
The most prevalent building size and type in East Wenatchee are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.59% owning and 40.41% renting.
There is a lot of housing in East Wenatchee built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in East Wenatchee built between 1940-1969 ( 28.05%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.44%). There's also some housing in East Wenatchee built before 1939 ( 4.33%).
Appreciation rates for homes in East Wenatchee have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 115.19%, which ranks in the top 30% nationwide. This equates to an annual average East Wenatchee house appreciation rate of 7.97%.
NeighborhoodScout's data show that during the latest twelve months, East Wenatchee's appreciation rate, at 5.53%, has been at or slightly above the national average. In the latest quarter, East Wenatchee's appreciation rate has been -7.40%, which annualizes to a rate of -26.47%.
Notably, East Wenatchee's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Washington, our data show that East Wenatchee's latest annual appreciation rate is higher than 80% of the other cities and towns in Washington.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within East Wenatchee differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in East Wenatchee - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best East Wenatchee real estate investment or home purchase decisions.
$467,660
for Washington
for nation
5,095
$2,051 / per month