There are currently 14,404 real estate properties in Moses Lake, WA, with a median automated valuation model (AVM) price of $302,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Moses Lake, 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 homeโs value ahead of the negotiation process. For example, the average home price in Moses Lake, WA, is $340,302.00, with the most expensive house in Moses Lake, WA, topping out at $25,830,100.00 and the cheapest home in Moses Lake, WA, clocking in at $18,878.00. In other words, thereโs something for every potential homebuyer or savvy investor in Moses Lake, WA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Moses Lake, WA, is on a rollercoaster ride. The average rent price in Moses Lake, WA, is $1,255.00. Indeed, when looking to rent in Moses Lake, WA, you can expect to pay as little as $520.00 or as much as $2,880.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Moses Lake, WA -- whether itโs apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Moses Lake is located in Grant, Washington, with an estimated municipal population of 24,086 residents. All of the best foreclosed homes for sale in Moses Lake are located in the following zip code areas on Foreclosure.com: 98837. The estimated population per square kilometer (.62 miles) in Moses Lake is 519.
So, about how much do homes cost in Moses Lake? The most recent median value of resident-owned homes in Moses Lake is 164,393. An estimated 55.5 percent of households in Moses Lake own their homes, with an average family size of 3.52. The median household income in Moses Lake is 51,272, with19.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Moses Lake, the median commute time of resident workers (in minutes) is 17.3. And last, but certainly not least, are you looking for homes to rent in Moses Lake? If so, the average rent price paid by renters in Moses Lake is 898, 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 Moses Lake, 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 Moses Lake is 32.2, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Moses Lake is 39.5, with an average family size of 3.52.
The percentage of residents who report their race in Moses Lake is as follows:
White | 74.2% |
Black / African American | 1.4% |
Asian | 2% |
American Indian / Alaskan Native | 1.1% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 6.5% |
Other | 14.7% |
Looking for family-friendly neighborhoods in and/or near Moses Lake? Or maybe you are searching for 55+ active adult communities in and/or near Moses Lake?
The percentage of residents who report their age in Moses Lake is as follows:
Under 10 | 16.9% |
Aged 10-19 | 13.8% |
20s | 16.7% |
30s | 13.3% |
40s | 11.3% |
50s | 8.9% |
60s | 8% |
70s | 8% |
80+ | 2.9% |
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 Moses Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Moses Lake.
How do you know that living in -- or moving to -- Moses Lake is right where you need to be? Perhaps you grew up in Moses Lake or already live nearby; therefore, the decision to buy a home in Moses Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Moses Lake 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 Moses Lake:
In short, it always helps to create a โPros vs. Consโ list of what you need in a home and/or neighborhood like Moses Lake.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Moses Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Moses Lake, meanwhile, can field multiple offers from more qualified buyers.
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