Market Overview
Home Prices in Chelan, WA
The median home value in Chelan, WA is $503,867 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.3% compared to a year ago and down 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chelan are priced23% above average. Chelan is part of the Wenatchee, WA metro area.
Over the past five years, Chelan home values have fallen by approximately4.1%, reflecting softening conditions in this market.
Price History
Chelan Home Price Trend
City Comparison
Chelan vs. National Median
At $503,867, homes in Chelan cost 23% above the national median of $410,000. Buyers in Chelan should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Chelan?
20% Down Payment
$100,773
on $503,867
Monthly P&I
$2,628/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,338/mo
incl. taxes & insurance
Income Needed
$133,520
gross annual (30% rule)
10% Down Option
$50,387
+ PMI applies
Loan Amount (20% dn)
$403,094
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chelan, WA?
The median home value in Chelan is $503,867 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.3% year-over-year.
How much have home prices changed in Chelan?
Over the past year, home values in Chelan have decreased by 7.3%. Over five years, prices have fallen approximately 4.1%.
How much do I need to earn to buy a home in Chelan?
To comfortably afford the median home price of $503,867 with a 20% down payment ($100,773) at today's rates (6.8%), you'd need a gross annual income of approximately $133,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Chelan compare to the national average home price?
The national median home value is approximately $410,000. At $503,867, homes in Chelan are 23% above the national average.
What metro area is Chelan part of?
Chelan is part of the Wenatchee, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.