Market Datavs. 1 year ago
30-year mortgage6.67%▲ +0.09 pts15-year mortgage5.96%▲ +0.25 pts10-year Treasury4.72%▲ +0.38 ptsMortgage spread1.95 pts▼ -0.29 ptsMedian list price$429k▼ -2.4%List $/sqft$226▼ -2.2%Days on market57▼ -1 daysActive listings1.13M▲ +2.1%New listings424k▼ -2.5%Pending sales470k▲ +1.9%Housing starts1.24M▼ -13.5%Building permits1.44M▲ +3.1%New-home sales628k▼ -5.6%Existing-home sales4.06M▲ +0.7%Months of supply9.3▲ +0.3 moMortgage delinquency1.89%▲ +0.12 pts
as of Aug 2026

Wenatchee Metro Area Real Estate Market

Current real estate market data, news and analysis for the Wenatchee-East Wenatchee, WA metropolitan area — 128,414 residents across Chelan and Douglas counties.

Median Sale Price$560,000+1.6% YoY
Months of Supply4.7residential supply
Days on Market22median
Population128,414metro area

Data as of May 2026. Sources: Redfin Data Center, U.S. Census Bureau.

Latest Wenatchee Real Estate News

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Wenatchee Real Estate Market Overview

Wenatchee and East Wenatchee sit across the Columbia River from one another at the point where the Wenatchee River joins it, on the eastern slope of the Cascade Range in north-central Washington. The setting is a river valley pinched between basalt canyon walls and benchlands, with the Cascades rising to the west and the drier Columbia Plateau opening to the east. The climate is semi-arid with cold winters and hot, dry summers, and the valley floor and surrounding slopes were historically irrigated orchard land before much of it was subdivided for housing. Older neighborhoods near downtown Wenatchee hold houses on a traditional street grid, while East Wenatchee grew up as a more spread-out, car-oriented suburb. Newer housing on both sides of the river has climbed the benches and hillsides as former orchard ground was converted to subdivisions.

Hillside and canyon-rim areas that retain orchard views and open sightlines toward the river and mountains tend to command higher prices, reflecting view premiums, larger lots, and newer construction. Flatter, older neighborhoods closer to the valley floor and to industrial or agricultural service areas tend to be more modestly priced. Beyond the twin cities, Leavenworth commands an elevated price tier tied to its tourism economy and vacation-home demand, and the Lake Chelan shoreline is similarly elevated due to recreational lake access. Smaller agricultural towns scattered through the valley and plateau sit at the more affordable end, reflecting distance from the main employment centers and a smaller, agriculture-oriented local economy.

The valley’s economy has agricultural roots in tree-fruit production, particularly apples, and packing, storage, and shipping operations tied to that industry remain a significant local employer base, including companies such as Stemilt Growers, headquartered in the area. Healthcare is a major employment sector through Confluence Health, which operates hospital and clinic facilities across the valley. Public education and government also anchor local employment, including Wenatchee Valley College and local school districts. Hydroelectric power is a defining regional industry: Columbia River dams built through the utility districts of Chelan and Douglas counties generate power for local use and for sale elsewhere, and inexpensive hydropower has attracted data-center and technology investment. Tourism, centered on Leavenworth’s Bavarian-themed village and Lake Chelan, is another significant contributor to the regional economy.

Several local factors are worth understanding before buying here. Much of the hillside and canyon terrain is wildland-urban interface exposed to summer wildfire, and burned slopes can also increase downstream flood and debris-flow risk during heavy rain or spring runoff. The Wenatchee, Icicle, and Entiat river drainages have flooded during heavy precipitation or rapid snowmelt, so flood history should be confirmed for properties near these waterways. Because the region’s landscape was built on irrigated agriculture, buyers of any parcel with orchard history or rural acreage should verify whether domestic water comes from a municipal system, a well, or an irrigation district, and confirm what obligations attach to any irrigation infrastructure. Public transit is limited, so most residents rely on cars, and development is shaped by city and county growth-management planning. Buyers should also verify local zoning, slope stability, and sewer versus septic service on hillside and canyon-rim lots.

Cities and Towns in the Wenatchee Metro Area

BridgeportCashmereChelanEast WenatcheeEntiatLeavenworthMansfieldRock IslandWatervilleWenatchee

Notable Communities and Neighborhoods

SunnyslopeWenatchee HeightsSouth WenatcheeNumber 2 CanyonDowntown WenatcheeEast Wenatchee BenchFancher HeightsBadger MountainLeavenworthCashmerePeshastinDrydenMonitorChelanMansonMalagaRock IslandEntiatWatervilleBridgeport

Wenatchee Real Estate Market FAQ

How is the Wenatchee-East Wenatchee market organized geographically?

The metro centers on two cities facing each other across the Columbia River, Wenatchee in Chelan County and East Wenatchee in Douglas County, connected by bridges. Beyond the urban core, the market extends up the Wenatchee River valley toward Cashmere and the tourist town of Leavenworth, north toward Entiat and the resort town of Chelan on its namesake lake, and out onto the drier Columbia Plateau toward smaller agricultural towns such as Waterville, Mansfield, and Bridgeport.

Which areas tend to be pricier, and why?

Hillside and canyon-rim neighborhoods above the valley floor on both the Wenatchee and East Wenatchee sides tend to command premiums for view lots and newer construction. Outside the core cities, Leavenworth and the Lake Chelan shoreline carry elevated pricing tied to tourism and recreational demand, while smaller agricultural towns farther from the main job centers tend to be more affordable.

What should buyers verify locally before purchasing?

Because much of the region was converted from irrigated orchard land, buyers should confirm the domestic water source (municipal system, private well, or irrigation district) and any water-rights or irrigation-district obligations attached to a parcel. On hillside or canyon lots, it is also worth checking slope stability, wildfire defensible-space requirements, and whether the property is served by sewer or septic.

What is a region-specific risk buyers should understand?

Wildfire is a significant consideration given the dry summer climate and the amount of wildland-urban interface terrain on the hillsides surrounding the valley. Burned hillsides can also elevate flood and debris-flow risk along the Wenatchee, Icicle, and Entiat river drainages during heavy rain or rapid snowmelt, so both wildfire and flood history are worth checking for any specific property.

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