Home Values

Wapato 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

$101,100

  • -2.0% 1-year change
  • 3.7% 1-year forecast

The median home value in Wapato is $101,100. Wapato home values have declined -2.0% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in Wapato is None.

Foreclosures will be a factor impacting home values in the next several years. In Wapato 7.9 homes are foreclosed (per 10,000). This is greater than the Yakima Metro value of 3.8 and also greater than the national value of 3.9

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 Wapato is 2.9%, which is lower than the national value of 6.3%. 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 Wapato homeowners underwater on their mortgage is 19.5%, which is higher than Yakima Metro at 14.4%.

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Relative ZHVI
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Wapato Market Overview

Data through Apr 30, 2015
  • $101,100 ZHVI
  • 3.7% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Wapato Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 19.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

7.9 homes Wapato
3.8 homes Yakima Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
West Valley $238,600
Ahtanum $190,900
Terrace Heights $176,800
Name Median ZHVI
Gleed $173,200
Zillah $150,900
Yakima $137,100
Name Median ZHVI
Tieton $132,600
Toppenish $105,900
Union Gap $100,500

Listings & Sales

  • No data
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Wapato Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $867 Wapato
    $1,035 Yakima Metro
    $1,364 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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