Madrona Beach / Rockaway Beach median real estate price is $404,985, which is more expensive than 70.5% of the neighborhoods in Washington and 82.6% of the neighborhoods in the U.S.
The average rental price in Madrona Beach / Rockaway Beach is currently $1,316, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.1% of Washington neighborhoods.
Madrona Beach / Rockaway Beach is a suburban neighborhood (based on population density) located in Camano Island, Washington. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Madrona Beach / Rockaway Beach real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Madrona Beach / Rockaway Beach neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Madrona Beach / Rockaway Beach. The current real estate vacancy rate here is 28.9%. This is higher than the rate of vacancies in 93.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (21.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.