Area Insights of 98902, Yakima, WA
Stay ahead with market trends and local insights that matter.
Market Trends
Home prices are trending down by 14% year-over-year, with a median list price of $295,000 and a median sale price of $285,000. Properties sell at an average of $313,150, typically spending 87 days on the market.
Location
98902, Yakima, WA
Date
Avg Sale Price
Demand Insights
The market shows moderate activity with a price ratio of 3%, reflecting steady buyer interest. A total of 30 homes were sold with 9 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.
Location
98902, Yakima, WA
Date
Price Ratio
Schools
Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.
Elementary School
Grace Lutheran School
PK to KG
St John of Kronstadt Orthodox Christian School
KG to KG
Middle School
Lewis & Clark Middle School
6 to 8
Ratings
C
Franklin Middle School
6 to 8
Ratings
C+
High School
Wapato Esd 105 Open Doors
9 to 12
Ridgeview Group Home
7 to 12
Highland Esd 105 Open Doors
9 to 12
Esd 105 Open Doors
9 to 12
Naches Valley Esd 105 Open Doors
9 to 12
Climate
Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.
Demographics
Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.
Population
With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 5% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.
Average Age is 33 Years
Household Details
The area's household landscape is diverse, with 50% owner-occupied homes and 50% renter-occupied properties. Family households represent 60% of the population, indicating a strong community focus on family living. The average home value stands at $311,247, which suggests ample demand for multi-bedroom properties.
Racial Diversity
The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 1% Asian, 1% Black, and 3% Native residents, alongside 42% White and 55% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.
Income
The area reflects a well-distributed income pattern with approximately 19% of households earning over $100,000 annually, while 32% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.
Employment
The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.
% of People are working in various industries.