Yakima’s Spring Home Sales Bloom: Median Prices Up 9.8%!

It's that time of year when hundreds of people around Yakima start looking to buy or sell a home. According to Cory Bemis, owner of Yakima's John L. Scott Realty says the 2025 Year to Date Median Home Sales Price is $367,925 which he says is a 9.8% increase from last year's median price of $335,000.

ALONG WITH PRICES HOME SALES ARE UP SO FAR THIS YEAR

Bemis says there were 123 total homes sold in March of 2025, less than a 10.2% decrease from the 137 homes that sold in March of 2024. Bemis and others in the real estate business have been busy with 336 homes sold in 2025 Year to Date. This is a 1.8% increase from last year (330). If you need to borrow money how are those mortgage rates? 30-year fixed rate mortgages are averaging a 6.82% interest as of April 7th according to MortgageNewsDaily.com.  Bemis says that's 0.03% higher than 1 month ago (6.79%), and 0.29% lower than 1 year ago (7.11%). So the rates are falling becoming more attractive.

IT'S SPRING AND IT'S TIME TO MAKE YOUR MOVE

Bemis says if you're in the market to buy or sell the Spring Real Estate Market has finally arrived in Yakima. He says Interest rates have been extremely volatile over the past couple of months, but don't appear to be having any significant impact on the value of homes in Yakima. Bemis adds "with 3.2 months of inventory currently, the Yakima Real Estate Market remains in a seller's market, but isn't far off from being considered a balanced market.  Look for listings and home sales to continue rising this Spring in the greater Yakima area."