Vashon, WA—98070
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vashon, WA
As of Oct '25, the median home price in Vashon, WA is $899,000, with a year-over-year change of -1.9%. This indicates that home prices in Vashon, WA are decreasing. 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 | $899,000 | -1.9% |
| Single Family | $905,000 | -2.3% |
| Condos | $457,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $659,000 | -1.8% |
2 Bed | $796,000 | -2.1% |
3 Bed | $954,000 | -2.4% |
4 Bed | $1,079,000 | -2.2% |
| 5 Bed | $1,185,000 | -3.9% |
% of Housing Stock
Rental Trends — Vashon, WA
As of July '25, Rentcast reports the average rent in Vashon, WA is $862, with a year-over-year rent change of -66.8%. Per bedroom, the median rent as of July '25 in Vashon, WA is studios: $862. The most common rental property sizes in Vashon, WA are 2-bedroom and 1-bedroom, accounting for 32.9% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $475 | $862 |
| Studio Rent | $475 | $862 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Vashon, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Vashon, WA is 54. This is a increase of 15.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $972,000 | 9.0% |
Listing Count | 57 | 46.0% |
| Listings as % of Homes | 0.3% | 46.0% |
Days on Market | 54 | 15.0% |
Demographics — Vashon, WA
As of the latest ACS Survey released in 2023, Vashon, WA has a population of 10,400, which has increased by 3.9% over the past 5 years. Vashon, WA is a moderately popular place for families, as children make up 17.4% of the population. The area has a highly educated workforce, with 51.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 40.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | 3.9% |
% Under 18 | 17.4% | 0.0% |
% Seniors | 28.5% | 12.6% |
% WFH | 40.1% | 120.3% |
% w/ College Degree | 51.9% | -7.2% |
As of the latest ACS Survey released in 2023, Vashon, WA is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Vashon, WA is hispanic, making up 6.1% of the population. Foreign-born residents account for 5.7% of the population in Vashon, WA, and this percentage has decreased by 1.7% 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 | 85.2% | -7.7% |
% Black | 0.2% | 100.0% |
% Hispanic | 6.1% | 24.5% |
% Asian | 1.2% | -20.0% |
% Foreign Born | 5.7% | -1.7% |
Mortgage and Risk — Vashon, WA
According to HUD data as of 2023, there were 170 mortgage originations in Vashon, WA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Vashon, WA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 170 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Vashon, WA
Vashon, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 49 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,050 |
| 2 Bedroom | N/A | N/A | $2,390 |
| 3 Bedroom | N/A | N/A | $3,160 |
| 4 Bedroom | N/A | N/A | $3,680 |
Affordability — Vashon, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.6 |
| Median Home Price | $899,000 |
| Median Household Income | $116,000 |