Cottonwood Beach, WA—98230
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cottonwood Beach, WA
As of Oct '25, the median home price in Cottonwood Beach, WA is $533,000, with a year-over-year change of -0.1%. This indicates that home prices in Cottonwood Beach, WA are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $533,000 | -0.1% |
| Single Family | $568,000 | 0.0% |
| Condos | $327,000 | -3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $281,000 | -0.4% |
2 Bed | $406,000 | -0.7% |
3 Bed | $577,000 | 0.2% |
4 Bed | $704,000 | 0.1% |
| 5 Bed | $789,000 | 0.9% |
% of Housing Stock
Rental Trends — Cottonwood Beach, WA
As of July '25, Rentcast reports the average rent in Cottonwood Beach, WA is $2,460, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Cottonwood Beach, WA is studios: $738, 1-bedrooms: $1,520, 2-bedrooms: $2,130, 3-bedrooms: $2,580, 4-bedrooms: $3,600. The most common rental property sizes in Cottonwood Beach, WA are 3-bedroom and 2-bedroom, accounting for 40.4% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,460 |
| Studio Rent | $725 | $738 |
| 1 Bed Rent | $1,550 | $1,520 |
| 2 Bed Rent | $2,050 | $2,130 |
| 3 Bed Rent | $2,500 | $2,580 |
| 4 Bed Rent | $2,800 | $3,600 |
% of Rental Stock
Property Listings — Cottonwood Beach, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cottonwood Beach, WA is 84. This is a increase of 28.0% 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 | $681,000 | -4.0% |
Listing Count | 203 | 19.0% |
| Listings as % of Homes | 1.0% | 19.0% |
Days on Market | 84 | 28.0% |
Demographics — Cottonwood Beach, WA
As of the latest ACS Survey released in 2023, Cottonwood Beach, WA has a population of 18,800, which has increased by 10.0% over the past 5 years. Cottonwood Beach, WA is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | 10.0% |
% Under 18 | 21.2% | 7.1% |
% Seniors | 24.8% | 7.4% |
% WFH | 12.6% | 147.1% |
% w/ College Degree | 31.6% | 14.5% |
As of the latest ACS Survey released in 2023, Cottonwood Beach, WA is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Cottonwood Beach, WA is hispanic, making up 8.6% of the population. Foreign-born residents account for 13.4% of the population in Cottonwood Beach, WA, and this percentage has decreased by 18.3% 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 | 77.3% | -8.7% |
% Black | 1.4% | 250.0% |
% Hispanic | 8.6% | 36.5% |
% Asian | 3.5% | -7.9% |
% Foreign Born | 13.4% | -18.3% |
Mortgage and Risk — Cottonwood Beach, WA
According to HUD data as of 2023, there were 463 mortgage originations in Cottonwood Beach, WA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Cottonwood Beach, WA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 463 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Cottonwood Beach, WA
As of 2024, the percent of homes in Cottonwood Beach, WA under the Section 8 program is 4.9%. 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 Cottonwood Beach, WA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 117 |
Total Units Section 8 | 84 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,550 | $1,340 |
| 2 Bedroom | -$460 | $2,050 | $1,590 |
| 3 Bedroom | -$270 | $2,500 | $2,230 |
| 4 Bedroom | -$130 | $2,800 | $2,670 |
Affordability — Cottonwood Beach, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $533,000 |
| Median Household Income | $82,700 |