Medical Lake, WA Home Values & Market Trends
Real estate market trends reflect that there have been 141 transactions over the past year in Medical Lake. The median value for residential home transactions that occurred over the previous year is $382,454.57. The number of current listings in Medical Lake is 16, and the percentage of properties for sale in the city is 16.00%. Medical Lake, WA currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 16 properties for sale.
Medical Lake, WA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 99022 | $ 490,788 $ 233/sqft |
Housing Market Summary for Medical Lake, WA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $465K | $375K | -19.35% |
| Median Sold Price | $405.8K | $375K | -7.59% |
| Homes For Sale | 15 | 13 | -13.33% |
| Homes Sold | 81 | 92 | 13.58% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Medical Lake, WA
Browse Homes in Medical Lake, WA
Medical Lake home values range from $24,903 to $1,251,376. The median estimated value of a home in Medical Lake is $382,454.57. The median list price of a home is 480,000, and the total count of properties in the city is 3,184.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Medical Lake, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Medical Lake, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Medical Lake, WA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Medical Lake, WA. There is 1 zips within Medical Lake, WA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Medical Lake, WA. Auction homes and other auction properties account for 0% of all properties in Medical Lake, WA. There is 1 zips within Medical Lake, WA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Medical Lake, WA
Guide for Medical Lake, WA
The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.
This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.
Washington Foreclosure Laws
Learn how a short sale can stop the foreclosure process.