Wenatchee, Washington Housing Market Prices
Wenatchee Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 66% below the Washington median$166,123
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Median rent 32% below the Washington median$1,204
Housing Market Overview
| Metric | Wenatchee | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,123 | $485,016 | $248,835 |
| Price Trend (Annual %) | 115.6% | 10.9% | 7.5% |
| Median Gross Rent | $1,204 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 5.3% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wenatchee is about 66% lower than in Washington. Rent is about 32% lower than the Washington average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Wenatchee, up about 115.6% and 5.3% a year respectively. Home prices are changing faster.
Median rent in Wenatchee rose about 51.6% between 2015 and 2024, from $794 to $1,204. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Wenatchee.
Buying the median-priced home in Wenatchee costs roughly 11.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Wenatchee. The price-to-rent ratio in Washington is about 23.0.
| Metric | Wenatchee | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,123 | $485,016 | $248,835 |
| Median Household Income | $67,418 | $98,224 | $80,455 |
| Price-to-Income Ratio | 2.5 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wenatchee rose about 849.3%, while median household income rose about 51.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Wenatchee | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.4% | 59.1% | 58.5% |
| Rental Rate | 49.8% | 33.6% | 31.2% |
| Vacancy Rate | 2.8% | 7.3% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Wenatchee has a homeownership rate of 47.4%, lower than the Washington average of 59.1%. Its housing vacancy rate is 2.8%, compared with 7.3% in Washington.
Housing Stock
| Metric | Wenatchee | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1972 | 1983 | 1978 |
| Median Number of Rooms | 4.7 | 5.5 | 5.5 |
The typical housing unit in Wenatchee was built around 1972. On average, 2.4 people live in a home with about 4.7 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Wenatchee, Washington.
What is the median home price in Wenatchee, Washington?
The median home price in Wenatchee, Washington is $166,123, lower than the Washington average of $485,016.
What is the average home price in Wenatchee, Washington?
The typical home price in Wenatchee, Washington, reported as the median sale price, is $166,123. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Wenatchee, Washington?
The median gross rent in Wenatchee, Washington is $1,204 per month, lower than the Washington average of $1,759.
What was the median gross rent in Wenatchee in 2020?
In 2020, the median gross rent in Wenatchee, Washington was $941 per month.
What is the price-to-rent ratio in Wenatchee, Washington?
The price-to-rent ratio in Wenatchee, Washington is about 11.5, meaning it would take roughly 11.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Wenatchee.
Are home prices or rent rising faster in Wenatchee, Washington?
Both home prices and rent are rising in Wenatchee, up about 115.6% and 5.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wenatchee, Washington?
47.4% of households in Wenatchee, Washington own their home, lower than the Washington average of 59.1%.
What is the vacancy rate in Wenatchee, Washington?
The housing vacancy rate in Wenatchee, Washington is 2.8%, lower than the Washington average of 7.3%.
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