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Wenatchee-East Wenatchee, WA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$517,598+0.8% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$112,204About 1.4× the local median income ($78,805): a stretch for a typical household
Days on market99 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 Wenatchee-East Wenatchee, WA is worth $517,598, up 0.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $479,859, so the area is 7.9% overvalued. It is a buyer's market: homes take about 99 days to sell, listings are up 17% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 1.2% over the next year. A household needs about $112,204 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 $78,805. Typical rent is $1,756 a month, or $2,426 for a house. In the latest IRS figures, 150 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K$500K19801990200020102020
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$517,598
Change in 1 year+0.8%
Overvalued %+7.9%
Show 7 more
Fair home value$479,859
Change in 5 years+9.1%
Zillow forecast, next 12 months+1.2%
Home value to income6.6×
Monthly mortgage payment (20% down)$2,805
Income needed to afford it$112,204
Property tax rate0.73%

Rent and investing

Typical rent$1,756
Typical rent for houses$2,426
Price-to-rent ratio24.6×
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HUD Fair Market Rent, 2 bedrooms$1,467
Gross rental yield4.07%
Cap rate (estimate)2.65%

Market activity

Listings vs a year ago+16.9%
Days on market99
Listings with a price cut20.0%
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Homes for sale776
Pending sales per 100 listings15
Asking price per sq ft$323

People and jobs

Median household income$78,805
Population change (1 year)+1.2%
Unemployment rate3.8%
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Population128,414
Income adjusted for cost of living$75,847
Net moves in (IRS)+150
Cost of living (US = 100)103.9

Schools, risk and environment

School rating (1 to 10)5.8
FEMA hazard risk score (0 to 100)84.8
Unhealthy air days a year14
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Flood risk score88.0
Wildfire risk score97.8
Walkability (1 to 20)9.8
Road, rail and air noise53 dB

Questions people ask

Is Wenatchee-East Wenatchee, WA overvalued?
Home prices in Wenatchee-East Wenatchee, WA are slightly above what local incomes have historically supported: fair value is about $479,859, so the area is 7.9% overvalued.
Is Wenatchee-East Wenatchee, WA a buyer's or seller's market?
Wenatchee-East Wenatchee, WA is a buyer's market: homes take about 99 days to sell, listings are up 17% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Wenatchee-East Wenatchee, WA?
Home values in Wenatchee-East Wenatchee, WA are up 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 Wenatchee-East Wenatchee, WA?
A household needs about $112,204 a year to afford the typical home in Wenatchee-East Wenatchee, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,805.

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