Langley, WA—98260
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Langley, WA
As of Oct '25, the median home price in Langley, WA is $763,000, with a year-over-year change of -0.9%. This indicates that home prices in Langley, WA are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $763,000 | -0.9% |
| Single Family | $775,000 | -1.5% |
| Condos | $438,000 | -0.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $590,000 | -0.5% |
2 Bed | $719,000 | -1.0% |
3 Bed | $841,000 | -1.2% |
4 Bed | $1,053,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Langley, WA
As of July '25, Rentcast reports the average rent in Langley, WA is $2,740, with a year-over-year rent change of -21.3%. Per bedroom, the median rent as of July '25 in Langley, WA is 1-bedrooms: $1,950, 2-bedrooms: $3,060. The most common rental property sizes in Langley, WA are 2-bedroom and 1-bedroom, accounting for 42.0% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,950 |
| 2 Bed Rent | $3,400 | $3,060 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Langley, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Langley, WA is 70. This is a increase of 31.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $899,000 | -8.0% |
Listing Count | 43 | 73.0% |
| Listings as % of Homes | 0.5% | 73.0% |
Days on Market | 70 | 31.0% |
Demographics — Langley, WA
As of the latest ACS Survey released in 2023, Langley, WA has a population of 5,480, which has decreased by -1.7% over the past 5 years. Langley, WA is a less popular place for families, as children make up 8.3% of the population. The area has a highly educated workforce, with 53.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,480 | -1.7% |
% Under 18 | 8.3% | -40.3% |
% Seniors | 45.8% | 34.3% |
% WFH | 30.1% | 107.6% |
% w/ College Degree | 53.8% | 12.3% |
As of the latest ACS Survey released in 2023, Langley, WA is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Langley, WA is asian, making up 3.4% of the population. Foreign-born residents account for 4.3% of the population in Langley, WA, and this percentage has increased by 30.3% 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 | 89.3% | -5.1% |
% Black | 0.1% | -50.0% |
% Hispanic | 1.8% | 50.0% |
% Asian | 3.4% | 88.9% |
% Foreign Born | 4.3% | 30.3% |
Mortgage and Risk — Langley, WA
According to HUD data as of 2023, there were 179 mortgage originations in Langley, WA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Langley, WA. Investor activity is low, as 0.0% 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 | 179 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Langley, WA
Langley, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 29 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $1,700 | $1,370 |
| 2 Bedroom | -$1,740 | $3,400 | $1,660 |
| 3 Bedroom | N/A | N/A | $2,330 |
| 4 Bedroom | N/A | N/A | $2,710 |
Affordability — Langley, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.6 |
| Median Home Price | $763,000 |
| Median Household Income | $100,000 |