Wenatchee, WA


Highest Appreciating Wenatchee Neighborhoods Since 2000

Wenatchee, WA Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Wenatchee Housing Market Information

With a population of 33,636, 11,496 total housing units (homes and apartments), and a median house value of $248,399, 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 Wenatchee, accounting for 59.78% of the city's housing units. Other types of housing that are prevalent in Wenatchee include large apartment complexes or high rise apartments ( 18.73%), duplexes, homes converted to apartments or other small apartment buildings ( 13.08%), and a few mobile homes or trailers ( 5.90%).

The most prevalent building size and type in Wenatchee are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.50% owning and 44.50% renting.

There is a lot of housing in 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 Wenatchee built between 1940-1969 ( 34.36%). A lesser amount of the housing stock also hails from before 1939 ( 15.25%). There's also some housing in Wenatchee built between 2000 and later ( 11.42%).

Wenatchee Home Appreciation Rates

Appreciation rates for homes in 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 11.06%, which ranks in the top 30% nationwide. This equates to an annual average Wenatchee house appreciation rate of 1.05%.

Appreciation rates are so strong in Wenatchee that despite a nationwide downturn in the housing market, Wenatchee real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wenatchee appreciation rates continue to be some of the highest in America, at 10.28%, which is higher than appreciation rates in 94.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wenatchee. Wenatchee appreciation rates in the latest quarter were at 1.92%, which equates to an annual appreciation rate of 7.92%.

Importantly, this makes Wenatchee one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Washington, our data show that Wenatchee's latest annual appreciation rate is higher than 50% 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 Wenatchee differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in 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 Wenatchee real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,236,000 0.5
$927,001 - $1,236,000 0.6
$618,001 - $927,000 1.9
$494,001 - $618,000 4.6
$371,001 - $494,000 11.0
$247,001 - $371,000 29.4
$124,001 - $247,000 43.4
$62,001 - $124,000 3.1
$0 - $62,000 5.4

Average for WA
High for Nation

Value Relative to Nation Value Relative to State
22.7821399273409 56.7375886524823

Number Of Homes And Apartments:

Wenatchee Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
83.40% 3.58% 8 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,029 / per month

Homeownership Rate

Owners 55.50
Renters 44.50
Vacant 9.34

Housing Market Details


Age of Homes

AGE OF Wenatchee HOMES
2000 or Newer 11.4
1970 - 1999 39.0
1940 - 1969 34.4
1939 or Older 15.3

Types of Homes

Single-Family 59.8
Townhomes 2.5
Small Apt. Buildings 13.1
Apt. Complexes 18.7
Mobile Homes 5.9
Other 0.0

Home Size

No Bedroom 3.35
1 Bedroom 11.76
2 Bedrooms 29.07
3 Bedrooms 37.55
4 Bedrooms 14.49
5 or more bedrooms 3.78