Home Values

Selah Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$184,300

  • 3.5% 1-year change
  • 3.3% 1-year forecast

The median home value in Selah is $184,300. Selah home values have gone up 3.5% over the past year and Zillow predicts they will rise 3.3% within the next year. The median list price per square foot in Selah is $133, which is higher than the Yakima Metro average of $119. The median price of homes currently listed in Selah is $249,950 while the median price of homes that sold is $210,550.

Foreclosures will be a factor impacting home values in the next several years. In Selah 6.2 homes are foreclosed (per 10,000). This is greater than the Yakima Metro value of 5.2 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Selah is 3.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Selah homeowners underwater on their mortgage is 12.3%, which is lower than Yakima Metro at 14.5%.

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Relative ZHVI
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Selah Market Overview

Data through Nov 30, 2014
  • $184,300 ZHVI
  • 3.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $249,950 Median listing price
  • $210,550 Median sale price
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Selah Market Health

Data through Nov 30, 2014
  • 7.7/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 12.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

6.2 homes Selah
5.2 homes Yakima Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
West Valley $240,800
Ellensburg $190,900
Ahtanum $189,300
Name Median ZHVI
Terrace Heights $177,700
Gleed $172,400
Yakima $137,800
Name Median ZHVI
Tieton $135,200
Wapato $98,100
Union Gap $91,700

Listings & Sales

Data through Nov 30, 2014
  • $133 Median list price / sq ft
  • $131 Median sale price / sq ft
  • No data Listings with price cut
6.4%
Sold below listing
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Selah Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,152 Selah
    $1,054 Yakima Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.81 Rent list price / sq ft
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