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Foreclosure Homes in Sumas, WA

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2nd-b2-Sumas-WA-98295
Preforeclosure

2nd B2
Sumas, WA 98295

4 Second-street-b2-nka-540-second-street,-units-5,-6,-7-8-Sumas-WA-98295
Preforeclosure

Second Street B2 Nka 5...
Sumas, WA 98295

8 Bed | 4 Bath | 3,164 Sq. Ft.

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Home Value Estimator For Sumas, WA

There are currently 984 real estate properties in Sumas, WA, with a median automated valuation model (AVM) price of $389,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sumas, 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 Sumas, WA, is $438,382.00, with the most expensive house in Sumas, WA, topping out at $6,910,800.00 and the cheapest home in Sumas, WA, clocking in at $99,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Sumas, WA!


Rent Prices In Sumas, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sumas, WA, is on a rollercoaster ride. The average rent price in Sumas, WA, is $1,609.00. Indeed, when looking to rent in Sumas, WA, you can expect to pay as little as $830.00 or as much as $4,320.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Sumas, 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.


Foreclosure Homes in Sumas, WA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Sumas, WA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Sumas, WA and much more. Save thousands at closing with home foreclosure listings in Sumas, WA — up to 75% off market value!


Top Reasons To Live In Sumas, WA In 2021

Sumas is located in Whatcom, Washington, with an estimated municipal population of 1,534 residents. All of the best foreclosed homes for sale in Sumas are located in the following zip code areas on Foreclosure.com: 98295. The estimated population per square kilometer (.62 miles) in Sumas is 403.


Cost Of Living In Sumas, WA

So, about how much do homes cost in Sumas? The most recent median value of resident-owned homes in Sumas is 219,956. An estimated 72.2 percent of households in Sumas own their homes, with an average family size of 3.38. The median household income in Sumas is 55,225, with19 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sumas, the median commute time of resident workers (in minutes) is 25.1. And last, but certainly not least, are you looking for homes to rent in Sumas? If so, the average rent price paid by renters in Sumas is 831, according to recent statistics.


Diversity And Demographics In Sumas, 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 Sumas, 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 Sumas is 31.1, split between 52.8 percent male versus 47.2 female. The percentage of residents who report being married in Sumas is 49.6, with an average family size of 3.38.

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

White 74.3%
Black / African American 1.3%
Asian 1.5%
American Indian / Alaskan Native 7.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 8.3%
Other 6.9%

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

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

Under 10 17.6%
Aged 10-19 13.1%
20s 15%
30s 15.8%
40s 13.5%
50s 10.7%
60s 7.6%
70s 4.3%
80+ 2.4%

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


Pros And Cons Of Living In Sumas, Washington

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

  • 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 Sumas.


Reasons To Move To Sumas, Washington, In 2021

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

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Listing types in Sumas, WA

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