La Conner, WA—98257
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Conner, WA
As of Oct '25, the median home price in La Conner, WA is $486,000, with a year-over-year change of -0.1%. This indicates that home prices in La Conner, WA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $486,000 | -0.1% |
| Single Family | $490,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $380,000 | -1.3% |
2 Bed | $449,000 | 0.0% |
3 Bed | $511,000 | -0.6% |
4 Bed | $594,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Conner, WA
As of July '25, Rentcast reports the average rent in La Conner, WA is $2,450, with a year-over-year rent change of -13.1%. Per bedroom, the median rent as of July '25 in La Conner, WA is 2-bedrooms: $2,100, 3-bedrooms: $2,800. The most common rental property sizes in La Conner, WA are 2-bedroom and 3-bedroom, accounting for 34.4% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,100 | $2,100 |
| 3 Bed Rent | $2,800 | $2,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — La Conner, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Conner, WA is 60. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $601,000 | 7.0% |
Listing Count | 46 | 39.0% |
| Listings as % of Homes | 1.3% | 39.0% |
Days on Market | 60 | -22.0% |
Demographics — La Conner, WA
As of the latest ACS Survey released in 2023, La Conner, WA has a population of 4,450, which has increased by 10.6% over the past 5 years. La Conner, WA is a less popular place for families, as children make up 12.7% of the population. The area has a moderately educated workforce, with 42.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,450 | 10.6% |
% Under 18 | 12.7% | -21.6% |
% Seniors | 40.4% | 13.8% |
% WFH | 14.1% | 46.9% |
% w/ College Degree | 42.2% | 9.6% |
As of the latest ACS Survey released in 2023, La Conner, WA is a predominantly white area, with 73.0% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in La Conner, WA is hispanic, making up 6.7% of the population. Foreign-born residents account for 5.2% of the population in La Conner, WA, and this percentage has increased by 15.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.0% | -3.4% |
% Black | 0.2% | -66.7% |
% Hispanic | 6.7% | 3.1% |
% Asian | 1.2% | 50.0% |
% Foreign Born | 5.2% | 15.6% |
Mortgage and Risk — La Conner, WA
According to HUD data as of 2023, there were 35 mortgage originations in La Conner, WA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in La Conner, WA. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 6.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — La Conner, WA
La Conner, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,170 |
| 2 Bedroom | -$570 | $2,100 | $1,530 |
| 3 Bedroom | -$660 | $2,800 | $2,140 |
| 4 Bedroom | N/A | N/A | $2,340 |
Affordability — La Conner, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $486,000 |
| Median Household Income | $91,000 |