Foreclosure Homes in Fall City, WA

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5 View this home at Lake Alice Rd Se Fall City WA 98024
$867,789 EMV
Lake Alice Rd Se
Fall City, WA 98024
3 |
EST. RENT: $2,770
AUCTION: 07-12-2024
3 |
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Fall City, WA Foreclosures

How much do homes sell for in Fall City, WA?
The average home price is currently $1,074,135.
In Fall City, WA, how many homes are available?
There are currently 1,800 active home listings available in Fall City.
What’s the average rental cost in Fall City, WA?
The average rental price in Fall City is $2,472.
What is the most expensive home in Fall City, Washington?
The most expensive home sold in Fall City had a price of $7,343,020.
What is currently the cheapest priced home in Fall City, WA?
The cheapest home for sale in Fall City is priced at $32,577.

Home Value Estimator For Fall City, WA

There are currently 1,800 real estate properties in Fall City, WA, with a median automated valuation model (AVM) price of $917,245.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fall 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 Fall City, WA, is $1,074,135.00, with the most expensive house in Fall City, WA, topping out at $7,343,020.00 and the cheapest home in Fall City, WA, clocking in at $32,577.00. In other words, there’s something for every potential homebuyer or savvy investor in Fall City, WA!

Rent Prices In Fall City, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fall City, WA, is on a rollercoaster ride. The average rent price in Fall City, WA, is $2,472.00. Indeed, when looking to rent in Fall City, WA, you can expect to pay as little as $1,190.00 or as much as $5,950.00, with the average rent median estimated to be $2,370.00. The good news is that finding an affordable and desirable property to rent in Fall 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.

Top Reasons To Live In Fall City, WA In 2024

Fall City is located in King, Washington, with an estimated municipal population of 2,426 residents. All of the best foreclosed homes for sale in Fall City are located in the following zip code areas on 98024. The estimated population per square kilometer (.62 miles) in Fall City is 330.

Cost Of Living In Fall City, WA

So, about how much do homes cost in Fall City? The most recent median value of resident-owned homes in Fall City is 507,276. An estimated 72.7 percent of households in Fall City own their homes, with an average family size of 3.28. The median household income in Fall City is 105,160, with51.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fall City, the median commute time of resident workers (in minutes) is 31.4. And last, but certainly not least, are you looking for homes to rent in Fall City? If so, the average rent price paid by renters in Fall City is 1,226, according to recent statistics.

Diversity And Demographics In Fall City, 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 Fall 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 Fall City is 40.5, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in Fall City is 60.6, with an average family size of 3.28.

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

White 80.2%
Black / African American 0%
Asian 6.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 1.1%
Multi-racial 10%
Other 2.3%

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

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

Under 10 16.5%
Aged 10-19 11.6%
20s 9%
30s 11.8%
40s 10.2%
50s 19%
60s 12.7%
70s 3.7%
80+ 5.5%

Best Schools In Fall City, 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 Fall City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fall City.

Pros And Cons Of Living In Fall City, Washington

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

  • 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 Fall City.

Reasons To Move To Fall City, 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 Fall City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fall City, meanwhile, can field multiple offers from more qualified buyers.

Fall City, WA Foreclosures


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