There are currently 485 real estate properties in Electric City, WA, with a median automated valuation model (AVM) price of $309,902.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Electric City, 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 Electric City, WA, is $320,024.00, with the most expensive house in Electric City, WA, topping out at $1,014,367.00 and the cheapest home in Electric City, WA, clocking in at $33,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Electric City, WA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Electric City, WA, is on a rollercoaster ride. The average rent price in Electric City, WA, is $1,150.00. Indeed, when looking to rent in Electric City, WA, you can expect to pay as little as $520.00 or as much as $2,300.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Electric City, 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.
Electric City is located in Grant, Washington, with an estimated municipal population of 1,002 residents. All of the best foreclosed homes for sale in Electric City are located in the following zip code areas on Foreclosure.com: 99123 99133. The estimated population per square kilometer (.62 miles) in Electric City is 194.
So, about how much do homes cost in Electric City? The most recent median value of resident-owned homes in Electric City is 203,390. An estimated 79.4 percent of households in Electric City own their homes, with an average family size of 2.77. The median household income in Electric City is 66,154, with24.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Electric City, the median commute time of resident workers (in minutes) is 15.5. And last, but certainly not least, are you looking for homes to rent in Electric City? If so, the average rent price paid by renters in Electric City is 763, 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 Electric City, 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 Electric City is 56, split between 53.5 percent male versus 46.5 female. The percentage of residents who report being married in Electric City is 57.1, with an average family size of 2.77.
The percentage of residents who report their race in Electric City is as follows:
| White | 81.2% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 16.3% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.5% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Electric City? Or maybe you are searching for 55+ active adult communities in and/or near Electric City?
The percentage of residents who report their age in Electric City is as follows:
| Under 10 | 10.1% |
| Aged 10-19 | 9.7% |
| 20s | 5.2% |
| 30s | 7.6% |
| 40s | 8.2% |
| 50s | 10.8% |
| 60s | 22.9% |
| 70s | 19.1% |
| 80+ | 6.3% |
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 Electric City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Electric City.
How do you know that living in -- or moving to -- Electric City is right where you need to be? Perhaps you grew up in Electric City or already live nearby; therefore, the decision to buy a home in Electric City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Electric City 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 Electric City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Electric City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Electric City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Electric City, meanwhile, can field multiple offers from more qualified buyers.
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