Vashon, WA 98070 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Vashon, WA—98070

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$917,000

3.2% YoY Growth

Household Income

$116,000

44.4% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

-1.8%

Median Rent

$475

66.8% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Vashon, WA

As of May '26, the median home price in Vashon, WA is $917,000, with a year-over-year change of -3.2%. This indicates that home prices in Vashon, WA are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$917,000	-3.2%
Single Family	$923,000	-3.0%
Condos	$463,000	1.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

11.8%

1 Bedroom

30.4%

2 Bedrooms

32.9%

3 Bedrooms

25.0%

Property Listings — Vashon, WA

As of May '26, Realtor.com reports that the median days on market for a home in Vashon, WA is 23. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$995,000	-29.0%
Listing Count	54	-2.0%
Listings as % of Homes	0.3%	-2.0%
Days on Market	23	0.0%

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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%

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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%

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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%

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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

Vashon, WA—98070

Key Metrics at a Glance

Home Price Trends — Vashon, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Vashon, WA

% of Rental Stock

Property Listings — Vashon, WA

Demographics — Vashon, WA

Race and Ethnicity

Mortgage and Risk — Vashon, WA

Mortgages

Rentals and Section 8 — Vashon, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Vashon, WA

Home Price to Income Ratio

Vashon, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Olalla, WA

North End, Tacoma, WA

Normandy Park, Burien, WA

Gig Harbor, WA

White Center, Burien, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.8
Median Home Price	$917,000
Median Household Income	$116,000

Vashon, WA—98070

Key Metrics at a Glance

Home Price Trends — Vashon, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Vashon, WA

% of Rental Stock

Property Listings — Vashon, WA

Demographics — Vashon, WA

Race and Ethnicity

Mortgage and Risk — Vashon, WA

Mortgages

Rentals and Section 8 — Vashon, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Vashon, WA

Home Price to Income Ratio

Vashon, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Olalla, WA

North End, Tacoma, WA

Normandy Park, Burien, WA

Gig Harbor, WA

White Center, Burien, WA

Frequently Asked Questions

What is the average home price in Vashon, WA 98070?

How have home prices in Vashon, WA 98070 changed over the past year?

What is the home price projection for Vashon, WA 98070?

What are the demographics of Vashon, WA 98070?

How long does it take homes to sell in Vashon, WA 98070?

What is the average rent price in Vashon, WA 98070?