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South Cle Elum

Learn about the people, housing, costs and businesses in South Cle Elum, Washington

Median Home$510,300
Median Rent$1,593/month
Population627
Leading IndustriesEducation · Wholesale Trade18% education
Home Value Growth-0.5% over 2 years
Young Adults25% of residents
Homeowners83% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
South Cle Elum
WA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in South Cle Elum?

As of today, the 30-year fixed mortgage rate for South Cle Elum is approximately 6.869% (6.904% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Cle Elum?

The median home value in South Cle Elum is $510k. The median monthly rent is $1,593. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Cle Elum?

Home values in South Cle Elum have decreased 0.5% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Cle Elum?

Based on a typical all-in ownership cost of $1,841/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Cle Elum is $47k/year.

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What industries drive the economy in South Cle Elum?

The largest employment sectors in South Cle Elum are wholesale trade (18%) and education (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.