Foreclosure Homes in Steilacoom, WA

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View this home at Natalie Ln Steilacoom WA 98388
$569,147 EMV
Natalie Ln
Steilacoom, WA 98388
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EST. RENT: $1,680
AUCTION: 05-03-2024
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Steilacoom, WA Foreclosures

How much do homes sell for in Steilacoom, WA?
The average home price is currently $632,442.
In Steilacoom, WA, how many homes are available?
There are currently 2,393 active home listings available in Steilacoom.
What’s the average rental cost in Steilacoom, WA?
The average rental price in Steilacoom is $1,827.
What is the most expensive home in Steilacoom, Washington?
The most expensive home sold in Steilacoom had a price of $2,939,500.
What is currently the cheapest priced home in Steilacoom, WA?
The cheapest home for sale in Steilacoom is priced at $45,073.

Home Value Estimator For Steilacoom, WA

There are currently 2,393 real estate properties in Steilacoom, WA, with a median automated valuation model (AVM) price of $588,025.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Steilacoom, 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 Steilacoom, WA, is $632,442.00, with the most expensive house in Steilacoom, WA, topping out at $2,939,500.00 and the cheapest home in Steilacoom, WA, clocking in at $45,073.00. In other words, there’s something for every potential homebuyer or savvy investor in Steilacoom, WA!

Rent Prices In Steilacoom, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Steilacoom, WA, is on a rollercoaster ride. The average rent price in Steilacoom, WA, is $1,827.00. Indeed, when looking to rent in Steilacoom, WA, you can expect to pay as little as $830.00 or as much as $3,970.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Steilacoom, 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 Steilacoom, WA In 2024

Steilacoom is located in Pierce, Washington, with an estimated municipal population of 6,390 residents. All of the best foreclosed homes for sale in Steilacoom are located in the following zip code areas on 98388. The estimated population per square kilometer (.62 miles) in Steilacoom is 1,226.

Cost Of Living In Steilacoom, WA

So, about how much do homes cost in Steilacoom? The most recent median value of resident-owned homes in Steilacoom is 362,446. An estimated 64.8 percent of households in Steilacoom own their homes, with an average family size of 2.83. The median household income in Steilacoom is 82,330, with42.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Steilacoom, the median commute time of resident workers (in minutes) is 29.1. And last, but certainly not least, are you looking for homes to rent in Steilacoom? If so, the average rent price paid by renters in Steilacoom is 1,152, according to recent statistics.

Diversity And Demographics In Steilacoom, 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 Steilacoom, 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 Steilacoom is 42, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Steilacoom is 56.7, with an average family size of 2.83.

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

White 71.7%
Black / African American 6.1%
Asian 7.2%
American Indian / Alaskan Native 1.9%
Native Hawaiian / Other Pacifc Islander 0.7%
Multi-racial 11.4%
Other 1.1%

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

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

Under 10 12.1%
Aged 10-19 9.1%
20s 14.6%
30s 12.1%
40s 12.3%
50s 12.4%
60s 13.8%
70s 7.9%
80+ 5.5%

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

Pros And Cons Of Living In Steilacoom, Washington

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

  • 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 Steilacoom.

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

Steilacoom, WA Foreclosures


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