There are currently 4,142 real estate properties in Hoquiam, WA, with a median automated valuation model (AVM) price of $248,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hoquiam, 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 Hoquiam, WA, is $275,572.00, with the most expensive house in Hoquiam, WA, topping out at $3,644,200.00 and the cheapest home in Hoquiam, WA, clocking in at $33,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Hoquiam, WA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hoquiam, WA, is on a rollercoaster ride. The average rent price in Hoquiam, WA, is $1,036.00. Indeed, when looking to rent in Hoquiam, WA, you can expect to pay as little as $570.00 or as much as $2,980.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Hoquiam, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hoquiam, WA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hoquiam, WA and much more. Save thousands at closing with home foreclosure listings in Hoquiam, WA — up to 75% off market value!
Hoquiam is located in Grays Harbor, Washington, with an estimated municipal population of 8,655 residents. All of the best foreclosed homes for sale in Hoquiam are located in the following zip code areas on Foreclosure.com: 98550. The estimated population per square kilometer (.62 miles) in Hoquiam is 350.
So, about how much do homes cost in Hoquiam? The most recent median value of resident-owned homes in Hoquiam is 103,047. An estimated 51.7 percent of households in Hoquiam own their homes, with an average family size of 2.9. The median household income in Hoquiam is 45,667, with13.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hoquiam, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Hoquiam? If so, the average rent price paid by renters in Hoquiam is 758, 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 Hoquiam, 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 Hoquiam is 43.2, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in Hoquiam is 46.7, with an average family size of 2.9.
The percentage of residents who report their race in Hoquiam is as follows:
White | 90.8% |
Black / African American | 0.7% |
Asian | 1% |
American Indian / Alaskan Native | 2.9% |
Native Hawaiian / Other Pacifc Islander | 0.2% |
Multi-racial | 3.3% |
Other | 1% |
Looking for family-friendly neighborhoods in and/or near Hoquiam? Or maybe you are searching for 55+ active adult communities in and/or near Hoquiam?
The percentage of residents who report their age in Hoquiam is as follows:
Under 10 | 12.7% |
Aged 10-19 | 11.1% |
20s | 11.3% |
30s | 12% |
40s | 10.9% |
50s | 12.7% |
60s | 14.7% |
70s | 9.2% |
80+ | 5.5% |
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 Hoquiam with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hoquiam.
How do you know that living in -- or moving to -- Hoquiam is right where you need to be? Perhaps you grew up in Hoquiam or already live nearby; therefore, the decision to buy a home in Hoquiam is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hoquiam 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 Hoquiam:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hoquiam.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hoquiam can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hoquiam, meanwhile, can field multiple offers from more qualified buyers.
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