Enumclaw, WA—98022
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Enumclaw, WA
As of Oct '25, the median home price in Enumclaw, WA is $668,000, with a year-over-year change of 0.6%. This indicates that home prices in Enumclaw, WA are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $668,000 | 0.6% |
| Single Family | $674,000 | 0.3% |
| Condos | $350,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $462,000 | 1.8% |
2 Bed | $507,000 | 1.2% |
3 Bed | $647,000 | 0.2% |
4 Bed | $762,000 | 0.0% |
| 5 Bed | $841,000 | -0.1% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Enumclaw, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Enumclaw, WA is 54. This is a increase of 18.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $697,000 | -7.0% |
Listing Count | 99 | 23.0% |
| Listings as % of Homes | 0.5% | 23.0% |
Days on Market | 54 | 18.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Enumclaw, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $668,000 |
| Median Household Income | $117,000 |