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There are currently 7 real estate properties in Central Park, WA, with a median automated valuation model (AVM) price of $834,909.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Central Park, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Central Park, WA, is $713,749.00, with the most expensive house in Central Park, WA, topping out at $934,137.00 and the cheapest home in Central Park, WA, clocking in at $419,517.00. In other words, there’s something for every potential homebuyer or savvy investor in Central Park, WA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Central Park, WA, is on a rollercoaster ride. The average rent price in Central Park, WA, is $1,624.00. Indeed, when looking to rent in Central Park, WA, you can expect to pay as little as $1,330.00 or as much as $1,900.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Central Park, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Central Park is located in Grays Harbor, Washington, with an estimated municipal population of 3,205 residents. All of the best foreclosed homes for sale in Central Park are located in the following zip code areas on Foreclosure.com: 98520. The estimated population per square kilometer (.62 miles) in Central Park is 351.
So, about how much do homes cost in Central Park? The most recent median value of resident-owned homes in Central Park is 222,590. An estimated 83.5 percent of households in Central Park own their homes, with an average family size of 2.95. The median household income in Central Park is 77,522, with32 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Central Park, the median commute time of resident workers (in minutes) is 20.8. And last, but certainly not least, are you looking for homes to rent in Central Park? If so, the average rent price paid by renters in Central Park is 814, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Central Park, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Central Park is 42.8, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Central Park is 57.8, with an average family size of 2.95.
The percentage of residents who report their race in Central Park is as follows:
White | 92.5% |
Black / African American | 0.1% |
Asian | 0% |
American Indian / Alaskan Native | 2.1% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 1.5% |
Other | 3.8% |
Looking for family-friendly neighborhoods in and/or near Central Park? Or maybe you are searching for 55+ active adult communities in and/or near Central Park?
The percentage of residents who report their age in Central Park is as follows:
Under 10 | 10.8% |
Aged 10-19 | 12.4% |
20s | 11.9% |
30s | 11.1% |
40s | 13.6% |
50s | 14.9% |
60s | 14.3% |
70s | 7.2% |
80+ | 4.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Central Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Central Park.
How do you know that living in -- or moving to -- Central Park is right where you need to be? Perhaps you grew up in Central Park or already live nearby; therefore, the decision to buy a home in Central Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Central Park for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Central Park:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Central Park.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Central Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Central Park, meanwhile, can field multiple offers from more qualified buyers.
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