Best Places to Buy a House in Washington
Editor'southward note: This is not investment advice and nosotros are non fiscal advisers. Article updated for 2021.
There's a the age old question anybody thinks about when they decide to motion to a city in Washington:
Should I buy a place or rent? Well, nosotros aren't here today to solve that problem for you exactly. We are just assuming you'll practise the correct thing and a buy a identify. And while we are happy to tell you the best place to live in Washington, this analysis is going to tackle the question of the all-time place to purchase a business firm as an investor. That is we are going to try and determine the upwards and coming cities in the Evergreen State.
To do that nosotros are going to look at places in Washington that are growing faster than boilerplate, just where home prices are below boilerplate. In every solar day terms, the "deals". The all-time deal in Washington at the moment? That would be Wapato according to our assay.
Here'due south a look at the top 10 places to buy a abode in Washington for 2021.
What's the best place to buy a home in Washington for 2021? According to our analysis, would the the ideal place to buy a dwelling looking into the future.
The methodology that wen't into this can be a bit complicated, so we'll interruption it down for you in every bit much detail as we can below. If you're non worried about finding a deal on good places to live, check out the most expensive places to live in Washington and, for those of you on a budget, the cheapest places to live in Washington.
For more than Washington reading, check out:
- Best Counties To Alive In Washington
- Best Places To Enhance A Family In Washington
- Best Places To Retire In Washington
The 10 All-time Cities To Buy A House In Washington For 2021
Population: 5,041
Median Home Price: $112,400
Population Change: 0.0%
Home Price Change: 4.v%
More on Wapato: Photos | Homes For Auction | Data
Population: 5,166
Median Dwelling house Price: $290,800
Population Change: 2.5%
Home Price Change: 13.1%
More on Sultan: Photos | Homes For Auction | Data
Population: 5,313
Median Dwelling Toll: $334,000
Population Alter: 2.7%
Home Price Change: 10.7%
More on Blaine: Photos | Homes For Sale | Information
Source: Public domain
Population: 5,517
Median Abode Price: $128,200
Population Modify: 0.6%
Home Price Change: 9.4%
More on Connell: Photos | Homes For Sale | Data
Population: 5,975
Median Dwelling house Price: $233,300
Population Change: 2.8%
Domicile Price Change: 6.1%
More on Sea Shores: Photos | Homes For Auction | Data
Population: half-dozen,071
Median Home Price: $252,100
Population Modify: 2.7%
Habitation Price Change: 12.8%
More than on Woodland: Photos | Homes For Sale | Information
Population: half-dozen,163
Median Dwelling house Cost: $107,800
Population Alter: 0.3%
Home Price Modify: 2.v%
More than on Union Gap: Photos | Homes For Sale | Information
Source: Public domain
Population: vi,202
Median Home Price: $182,900
Population Modify: 2.1%
Home Cost Change: 8.5%
More than on Prosser: Photos | Homes For Auction | Data
Population: 6,303
Median Dwelling Price: $361,300
Population Change: 0.v%
Domicile Price Modify: half-dozen.nine%
More on Steilacoom: Photos | Homes For Sale | Information
Population: 6,670
Median Home Price: $635,600
Population Change: -0.1%
Home Price Change: 8.8%
More than on Normandy Park: Photos | Homes For Sale | Data
How practice yous determine the best places to buy a abode in Washington for 2021?
We were in existent estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a dwelling.
So all that thinking has come to this moment where we go to spell out how nosotros'd approach finding an upwardly-and-coming identify to live in Washington. Put differently, the analysis volition try to detect places in Washington with undervalued homes relative to pent upward need.
To practise that nosotros looked at the about contempo American Community Survey Census data for 2015-2019 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:
- Y-o-Y Change In Population (People want to live here)
- Y-o-Y Change In Median Home Prices (People are willing to pay for it)
- Home Prices Relative To The Country Average (It's however kinda cheap)
We want places that are growing, have seen home prices increase in contempo years, and are still "cheap" for Washington with the following caveats:
- Home prices had to be within xx% of the state average (Much lower than that and you get to some of the more unsafe places)
- Home prices increased in the last year, and
- To a higher place 5,000 people (Bigger cities have more data points)
So of the 0 cities and towns in Washington, only 120 places made information technology through our initial filters to even exist considered.
Nosotros then ranked each place from ane to 120 for the criteria mentioned above with ane being the best for that criteria. Nosotros averaged the rankings to create a "best place to buy" index with the identify having the lowest alphabetize being the all-time. Y'all tin download the information hither.
Turns out that Wapato is the all-time potential gem in the not-so-rough in the Evergreen Land.
Read on for more on these places.
There Yous Take Information technology - The All-time Places To Buy A House In Washington for 2021
There's our analysis of the all-time places to buy a house in Washington. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.
In fact, every place in the following table meets our criteria, and then even though it may not look super long, remember we started off with all 0 places in the state.
So if nosotros'd could rent or purchase in these cities, we'd definitely buy.
For more Washington reading, check out:
- Richest Cities In Washington
- Safest Places In Washington
Detailed List Of The Best Places To Buy A Habitation In Washington
| City | Rank |
|---|---|
| Wapato | 1 |
| Sultan | two |
| Blaine | three |
| Connell | 4 |
| Ocean Shores | 5 |
| Woodland | half-dozen |
| Matrimony Gap | 7 |
| Prosser | 8 |
| Steilacoom | 9 |
| Normandy Park | 10 |
| Fircrest | 11 |
| Bramble | 12 |
| North Curve | 13 |
| Stanwood | fourteen |
| Pacific | 15 |
| Sequim | 16 |
| Clarkston | 17 |
| Chehalis | 18 |
| Quincy | xix |
| Milton | 20 |
| Ridgefield | 21 |
| Selah | 22 |
| Duvall | 23 |
| Orting | 24 |
| Ephrata | 25 |
| Othello | 26 |
| Hoquiam | 27 |
| Airway Heights | 28 |
| Toppenish | 29 |
| Burlington | thirty |
| Yelm | 31 |
| College Place | 32 |
| Dupont | 33 |
| Port Townsend | 34 |
| Liberty Lake | 35 |
| Gig Harbor | 36 |
| Snohomish | 37 |
| Sumner | 38 |
| Fife | 39 |
| Shelton | twoscore |
| Poulsbo | 41 |
| Grandview | 42 |
| Edgewood | 43 |
| Sedro-Woolley | 44 |
| Newcastle | 45 |
| Enumclaw | 46 |
| Kelso | 47 |
| Cheney | 48 |
| Woodinville | 49 |
| Lake Wood Park | l |
| Snoqualmie | 51 |
| East Wenatchee | 52 |
| Ferndale | 53 |
| Port Orchard | 54 |
| Lynden | 55 |
| West Richland | 56 |
| Washougal | 57 |
| Aberdeen | 58 |
| Sunnyside | 59 |
| Anacortes | 60 |
| Centralia | 61 |
| Monroe | 62 |
| Arlington | 63 |
| Port Angeles | 64 |
| Ellensburg | 65 |
| Tukwila | 66 |
| Battle Ground | 67 |
| Mill Creek | 68 |
| Bonney Lake | 69 |
| Covington | 70 |
| Mountlake Terrace | 71 |
| Mukilteo | 72 |
| Kenmore | 73 |
| Tumwater | 74 |
| Moses Lake | 75 |
| Oak Harbor | 76 |
| Camas | 77 |
| Bainbridge Isle | 78 |
| Mercer Isle | 79 |
| Maple Valley | fourscore |
| Seatac | 81 |
| Des Moines | 82 |
| Lake Stevens | 83 |
| Walla Walla | 84 |
| University Identify | 85 |
| Pullman | 86 |
| Wenatchee | 87 |
| Mount Vernon | 88 |
| Longview | 89 |
| Issaquah | ninety |
| Lynnwood | 91 |
| Bremerton | 92 |
| Puyallup | 93 |
| Edmonds | 94 |
| Bothell | 95 |
| Lacey | 96 |
| Burien | 97 |
| Olympia | 98 |
| Shoreline | 99 |
| Richland | 100 |
How Is The Area In ?
Source: https://www.homesnacks.com/best-places-to-buy-a-house-in-washington/
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