Enumclaw, WA 98022 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Enumclaw, WA—98022

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$663,000

0.3% YoY Growth

Household Income

$117,000

68.5% YoY Growth

Days on Market

8.0% Longer YoY

Home Price Forecast

0.3%

Median Rent

$2,300

8.1% YoY Growth

1-Bed Rent

$1,500

95.8% YoY Growth

2-Bed Rent

$1,750

15.4% YoY Growth

3-Bed Rent

$3,020

4.6% YoY Growth

Home Price Trends — Enumclaw, WA

As of Dec '25, the median home price in Enumclaw, WA is $663,000, with a year-over-year change of 0.3%. This indicates that home prices in Enumclaw, WA are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$663,000	0.3%
Single Family	$669,000	0.0%
Condos	$350,000	-2.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Enumclaw, WA

As of July '25, Rentcast reports the average rent in Enumclaw, WA is $2,260, with a year-over-year rent change of 8.1%. Per bedroom, the median rent as of July '25 in Enumclaw, WA is 1-bedrooms: $1,410, 2-bedrooms: $1,800, 3-bedrooms: $2,930, 4-bedrooms: $3,320. The most common rental property sizes in Enumclaw, WA are 2-bedroom and 3-bedroom, accounting for 43.5% and 32.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,260
Studio Rent	N/A	N/A
1 Bed Rent	$1,500	$1,410
2 Bed Rent	$1,750	$1,800
3 Bed Rent	$3,020	$2,930
4 Bed Rent	$3,320	$3,320

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% of Rental Stock

Studio

5.9%

1 Bedroom

11.4%

2 Bedrooms

43.5%

3 Bedrooms

32.9%

4 Bedrooms

2.1%

5+ Bedrooms

4.2%

Property Listings — Enumclaw, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Enumclaw, WA is 68. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$790,000	-11.0%
Listing Count	69	48.0%
Listings as % of Homes	0.5%	48.0%
Days on Market	89	8.0%

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Demographics — Enumclaw, WA

As of the latest ACS Survey released in 2023, Enumclaw, WA has a population of 22,100, which has increased by 4.3% over the past 5 years. Enumclaw, WA is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 28.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	22,100	4.3%
% Under 18	20.6%	-3.3%
% Seniors	20.9%	19.4%
% WFH	11.9%	91.9%
% w/ College Degree	28.6%	21.7%

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As of the latest ACS Survey released in 2023, Enumclaw, WA is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Enumclaw, WA is hispanic, making up 10.5% of the population. Foreign-born residents account for 6.2% of the population in Enumclaw, WA, and this percentage has decreased by 10.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	77.9%	-7.0%
% Black	0.3%	-25.0%
% Hispanic	10.5%	15.4%
% Asian	1.9%	26.7%
% Foreign Born	6.2%	-10.1%

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Mortgage and Risk — Enumclaw, WA

According to HUD data as of 2023, there were 362 mortgage originations in Enumclaw, WA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Enumclaw, WA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	362
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Enumclaw, WA

As of 2024, the percent of homes in Enumclaw, WA under the Section 8 program is 1.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Enumclaw, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	31
Total Units Section 8	31
% Rentals under Section 8	1.9%
% Occupied Section 8	100.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$550	$1,500	$2,050
2 Bedroom	$640	$1,750	$2,390
3 Bedroom	$140	$3,020	$3,160
4 Bedroom	$360	$3,320	$3,680

Enumclaw, WA—98022

Key Metrics at a Glance

Home Price Trends — Enumclaw, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Enumclaw, WA

% of Rental Stock

Property Listings — Enumclaw, WA

Demographics — Enumclaw, WA

Race and Ethnicity

Mortgage and Risk — Enumclaw, WA

Mortgages

Rentals and Section 8 — Enumclaw, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Enumclaw, WA

Home Price to Income Ratio

Enumclaw, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Ravensdale, WA

Eatonville, WA

North Bend, WA

Wilkeson

Black Diamond, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.3
Median Home Price	$663,000
Median Household Income	$117,000

Enumclaw, WA—98022

Key Metrics at a Glance

Home Price Trends — Enumclaw, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Enumclaw, WA

% of Rental Stock

Property Listings — Enumclaw, WA

Demographics — Enumclaw, WA

Race and Ethnicity

Mortgage and Risk — Enumclaw, WA

Mortgages

Rentals and Section 8 — Enumclaw, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Enumclaw, WA

Home Price to Income Ratio

Enumclaw, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Ravensdale, WA

Eatonville, WA

North Bend, WA

Wilkeson

Black Diamond, WA

Frequently Asked Questions

What is the average home price in Enumclaw, WA 98022?

How have home prices in Enumclaw, WA 98022 changed over the past year?

What is the home price projection for Enumclaw, WA 98022?

What are the demographics of Enumclaw, WA 98022?

How long does it take homes to sell in Enumclaw, WA 98022?

What is the average rent price in Enumclaw, WA 98022?