Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$531,212−0.8% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$115,156About 1.4× the local median income ($79,974): a stretch for a typical household
Days on market109 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.2%Zillow expects prices to rise slightly
The typical home in Chelan County, WA is worth $531,212, down 0.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $508,942, so the area is 4.4% overvalued. It is a buyer's market: homes take about 109 days to sell, listings are up 11% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 1.2% over the next year. A household needs about $115,156 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,974. Typical rent is $1,704 a month, or $2,355 for a house. In the latest IRS figures, 129 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$531,212
Change in 1 year
−0.8%
Overvalued %
+4.4%
Show 7 more
Fair home value
$508,942
Change in 5 years
+5.3%
Zillow forecast, next 12 months
+1.2%
Home value to income
6.6×
Monthly mortgage payment (20% down)
$2,879
Income needed to afford it
$115,156
Property tax rate
0.71%
Rent and investing
Typical rent
$1,704
Typical rent for houses
$2,355
Price-to-rent ratio
26.0×
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HUD Fair Market Rent, 2 bedrooms
$1,467
Gross rental yield
3.85%
Cap rate (estimate)
2.50%
Market activity
Listings vs a year ago
+10.8%
Days on market
109
Listings with a price cut
17.7%
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Homes for sale
575
Pending sales per 100 listings
14
Asking price per sq ft
$334
People and jobs
Median household income
$79,974
Population change (1 year)
+0.7%
Unemployment rate
3.7%
Show 4 more
Population
81,941
Income adjusted for cost of living
$76,972
Net moves in (IRS)
+129
Cost of living (US = 100)
103.9
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
90.9
Unhealthy air days a year
14
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Flood risk score
91.3
Wildfire risk score
99.6
Walkability (1 to 20)
10.0
Road, rail and air noise
52 dB
Questions people ask
Is Chelan County, WA overvalued?
Home prices in Chelan County, WA are slightly above what local incomes have historically supported: fair value is about $508,942, so the area is 4.4% overvalued.
Is Chelan County, WA a buyer's or seller's market?
Chelan County, WA is a buyer's market: homes take about 109 days to sell, listings are up 11% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Chelan County, WA?
Home values in Chelan County, WA are down 0.8% over the last year. Zillow's forecast for the next 12 months is +1.2%.
How much do you need to earn to buy a home in Chelan County, WA?
A household needs about $115,156 a year to afford the typical home in Chelan County, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,974.