Multi-family Homes in Elma, WA

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View this home at W 5th St Aberdeen WA 98520
$275,613 EMV
View this home at 9th St Hoquiam WA 98550
$62,010 EMV

| 1,956 Sq. Ft.

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Top Reasons To Live In Elma, WA In 2024

Elma is located in Grays Harbor, Washington, with an estimated municipal population of 3,351 residents. All of the best foreclosed homes for sale in Elma are located in the following zip code areas on 98541. The estimated population per square kilometer (.62 miles) in Elma is 507.

Cost Of Living In Elma, WA

So, about how much do homes cost in Elma? The most recent median value of resident-owned homes in Elma is 167,940. An estimated 46.7 percent of households in Elma own their homes, with an average family size of 3.25. The median household income in Elma is 46,228, with15.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Elma, the median commute time of resident workers (in minutes) is 23.9. And last, but certainly not least, are you looking for homes to rent in Elma? If so, the average rent price paid by renters in Elma is 608, according to recent statistics.

Diversity And Demographics In Elma, Washington

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 Elma, 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 Elma is 40.8, split between 46.1 percent male versus 53.9 female. The percentage of residents who report being married in Elma is 53.2, with an average family size of 3.25.

The percentage of residents who report their race in Elma is as follows:

White 90.8%
Black / African American 0.8%
Asian 0.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 8.3%
Other 0%

Looking for family-friendly neighborhoods in and/or near Elma? Or maybe you are searching for 55+ active adult communities in and/or near Elma?

The percentage of residents who report their age in Elma is as follows:

Under 10 7.5%
Aged 10-19 13.6%
20s 13.9%
30s 12%
40s 11%
50s 10.3%
60s 15.6%
70s 10.3%
80+ 5.9%

Best Schools In Elma, Washington

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 Elma with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elma.

Pros And Cons Of Living In Elma, Washington

How do you know that living in -- or moving to -- Elma is right where you need to be? Perhaps you grew up in Elma or already live nearby; therefore, the decision to buy a home in Elma is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elma 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 Elma:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elma.

Reasons To Move To Elma, Washington, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elma can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elma, meanwhile, can field multiple offers from more qualified buyers.

Elma, WA Multi-family Homes Foreclosures


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