That being said, home values are still around 80% of the national average so  you (and the tenants) get good value.  

I think 850k might be close to average these days for a 2 bed 2 bath (2/2) or a 3/2 SFH, but there are certainly move-in ready homes in the 700-800 range within a few miles to the ocean that are 1/2s or 2/2s. 

Typical average properties are getting 5, 10, 15+ offers within days..  

Average in Mitchell is $375-$775 highest renting unit is $850

Nancy,Forgive me for two things: First, my not so tactful and apparently humorless use of the word "shamelessly" (although, if you have a good product, you *should* be shameless about it).

In general, a strong agent will get the average seller 11-18% more than if they sell FSBO in a shorter amount of time. 

I truly believe that Real Estste is the best chance that an average person such as my self has to building wealth.9 out of 10 Businesses fail in the 1st year & 9 out of those 10 that made it fail in 5 years!

This is what I come up with from 3 million housing units being sold on the average of every 7 years. 

I just read this blog post https://www.biggerpockets.com/renewsblog/places-invest-real-estate in which 6 markets were scored across a few categories:- median rent: median value- rent to income- taxes to value- insurance to value- average appreciation- unemployment- crime- population growthA few people commented afterwards and highlight job diversity, % renters, and % vacancies are also important.As far as sites people use, I’ve only heard of city data but I’m not very familiar with that site.

If you were going to take your $150K and invest in another market that cashflows better on average than Bellingham then it might be worthwhile to look into some possibilities.