in Lummi Island, WA • 2026 Buying Guide
Best Month
December
$344K
Avoid
October
$721K
Potential Savings
$377K
52.3% difference
Market Type
Balanced
3.5 mo. supply
Present investment properties with numbers: current rent roll, expense history, cap rate, and potential upside. Investors care about cash flow and appreciation potential, not emotional appeal.
Median Sale Price
$328K
N/A YoY
Days on Market
155
median days
Inventory
7
active listings
Sale-to-List Ratio
100.7%
selling above ask
Jan
$450K
Feb
$452K
Mar
$532K
Apr
$625K
May
$519K
Jun
$595K
Jul
$576K
Aug
$445K
Sep
$451K
Oct
$721K
PeakNov
$530K
Dec
$344K
BestBased on historical sales data in Lummi Island
Investment property timing is about numbers, not emotions. Off-season purchases (fall/winter) often yield better cap rates because you're competing against fewer primary residence buyers. However, also consider tenant move-in timing - summer moves are easier for families.
Pro Tip: With Lummi Island's median price at $328K, a 20% down payment would be approximately $66K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Lummi Island's housing market, December is typically the best time to buy a investment property. During this month, prices average around $344K, which is 52.3% lower than peak prices in October. Investment property timing is about numbers, not emotions. Off-season purchases (fall/winter) often yield better cap rates because you're competing against fewer primary residence buyers. However, also consider tenant move-in timing - summer moves are easier for families.
The current median home price in Lummi Island is $328K. Investment Property prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Investment property returns come from both cash flow and appreciation. In high-growth markets, prioritize appreciation; in stable markets, focus on cash flow. The best investments often offer both.
Lummi Island has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right investment property but be prepared to move when you find it.
Key considerations for buying a investment property in Lummi Island include: Calculate cap rate, cash-on-cash return, and cash flow; Factor in realistic vacancy rates (typically 5-8%); Budget for property management (10% of rent) even if self-managing. Also watch for red flags like Seller won't provide actual expense records and Deferred maintenance that will need immediate attention.
Homes in Lummi Island currently spend an average of 155 days on market. This suggests a slower market where you have more time to negotiate.
Investment properties require 15-25% down typically Interest rates are 0.5-1% higher than primary residence With Lummi Island's median price of $328K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a investment property in Lummi Island? Our analysis shows that December typically offers the best prices, with homes averaging around $344K. Buying during this time could save you up to $377K compared to peak months like October.
With a median price of $328K and homes spending an average of 155 days on market, Lummi Island is currently a balanced market. There's currently 3.5 months of inventory available.
Investment property returns come from both cash flow and appreciation. In high-growth markets, prioritize appreciation; in stable markets, focus on cash flow. The best investments often offer both.
Working with a local real estate agent who knows Lummi Island can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in investment properties.