Last Update on Wenatchee foreclosures

Wenatchee Foreclosure Listings

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Latest Foreclosure Homes

  • Wenatchee
  • Wenatchee, Chelan
  • WA, 98801
  • $215,600
  • BD/BH: 6 / 4
  • Wenatchee
  • Wenatchee, Chelan
  • WA, 98801
  • $233,900
  • BD/BH: 2 / 2
  • Wenatchee
  • Wenatchee, Chelan
  • WA, 98801
  • $243,200
  • BD/BH: 5 / 5
  • Wenatchee
  • Wenatchee, Chelan
  • WA, 98801
  • $275,500
  • BD/BH: 2 / 1

Bank Foreclosures in Wenatchee

Wenatchee known as the heart of apple country, is located six hundred feet above sea level surrounded by the Central Cascades Mountain Range. Situated in Douglas and Clark counties, Wenatchee gets an average of about thirty-five inches of snow a year and boasts three hundred days of sunshine annually. This region takes pride in its history, which dates back to Lewis and Clark in the early 1800s. The only people that populated this region were Catholic missionaries and fur traders until the 1870s when the gold rush brought prospectors hoping to capitalize on this newfound mineral in the west.

The main people residing in this Wenatchee are retired military veterans. This rural mountain community has a lower cost of living than the national average. It would appear that with its low crime rates and its home values staying somewhat steady, local residents are in no hurry at all to leave the community.

By percentage, this area has a lower amount of foreclosures and decreases in property values than many American cities. Despite the ever-declining values of homes in the last five years since the recession hit the country, home values in this area have not declined by as large of a margin as in other areas. Currently, there are only about 58 foreclosure listings in Wenatchee, which is well below the national average. Not an extremely densely populated city, it has a handful of Wenatchee bank foreclosures listed starting in the mid $70 thousand price range. Some of these starting prices are auction prices.

With just subtle changes in home values and the housing market in general, purchasing a home in this area just for the purpose of turning a profit may be difficult. The potential investor would have to hold onto the property for quite some time to turn a profit.

The potential home buyer looking to possibly escape the fast pace of the city and settle into a quieter province would most likely find Wenatchee to be a desirable place to settle. In looking to settle in a region that boasts serenity and calm, community-like qualities, the mountainous region of Wenatchee is the perfect locale to settle with a family.