Wenatchee housing market

Strong buyer's marketWenatchee, WA metro areaData through Sep 2026
Typical home value
$518K
▲ 0.8% 1 yr
Typical rent
$1,756/mo
▲ 0.5% 1 yr
12-month forecast
+1.2%
#375 of 546 metros
Gross rent yield
4.1%
#505 of 546 · U.S. 6.3%
Days to pending
69 days
▲ +18 days 1 yr
Listings with a price cut
27%
▲ +1.2 pts 1 yr

Key takeaways

  • 1The typical home is worth $517,598, up 0.8% in a year and up 9% over five years.
  • 2Zillow forecasts home values rising 1.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,756/mo (+0.5% YoY), a 4.1% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,844/mo in principal and interest, $1,088 more than renting.
  • 5Homes go under contract in 69 days (+18 days vs last year); 27% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 24/100, #509 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $518K
$298K$367K$437K$506K2016201920222025
Typical monthly rent
Latest $1,756
$1,439$1,544$1,648$1,753202120232025

How fast homes are selling

Days to go under contract
Latest 69
2143658720182020202220242026
Share of listings with a price cut
Latest 26.6%
7.0%14.1%21.3%28.4%20182020202220242026
Homes for sale vs new listings
Latest 783
For saleNew listings
9530852273520182020202220242026
Share of homes sold above list price
Latest 19.1%
14.5%28.8%43.2%57.5%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $135K
To buy (20% down)To rent
$61K$86K$110K$134K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Wenatchee compares

MeasureWenatcheeUnited StatesRank of 546
Home value, 1-yr change+0.8%+1.2%#384
Home value, 5-yr change+9.1%+19.7%
12-month forecast+1.2%+1.1%#375
Rent, 1-yr change+0.5%+2.7%#508
Gross rent yield4.1%6.3%#505
Price-to-rent ratio24.615.8
Mortgage P&I on typical home$2,844$2,012
Income needed to buy$135,324$100,902
Days to pending6956

Cities in the Wenatchee metro

2 cities with home value and rent data.

Wenatchee$491K▲ 0.1%$1,679▲ 0.8%4.1%
East Wenatchee$515K▲ 3.2%$2,179▲ 2.1%5.1%

Run the numbers

Other Washington metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.