Lynden, WA—98264
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lynden, WA
As of Oct '25, the median home price in Lynden, WA is $610,000, with a year-over-year change of 1.0%. This indicates that home prices in Lynden, WA are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $610,000 | 1.0% |
| Single Family | $635,000 | 1.1% |
| Condos | $399,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $253,000 | -1.2% |
2 Bed | $438,000 | 1.6% |
3 Bed | $597,000 | 1.2% |
4 Bed | $719,000 | 1.0% |
| 5 Bed | $839,000 | 0.8% |
% of Housing Stock
Rental Trends — Lynden, WA
As of July '25, Rentcast reports the average rent in Lynden, WA is $2,120, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Lynden, WA is studios: $1,210, 1-bedrooms: $1,360, 2-bedrooms: $1,810, 3-bedrooms: $2,360, 4-bedrooms: $2,960. The most common rental property sizes in Lynden, WA are 2-bedroom and 3-bedroom, accounting for 45.9% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,940 | $2,120 |
| Studio Rent | $975 | $1,210 |
| 1 Bed Rent | $1,350 | $1,360 |
| 2 Bed Rent | $1,750 | $1,810 |
| 3 Bed Rent | $2,300 | $2,360 |
| 4 Bed Rent | $3,000 | $2,960 |
% of Rental Stock
Property Listings — Lynden, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lynden, WA is 61. This is a increase of 4.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $696,000 | 1.0% |
Listing Count | 106 | 31.0% |
| Listings as % of Homes | 0.8% | 31.0% |
Days on Market | 61 | 4.0% |
Demographics — Lynden, WA
As of the latest ACS Survey released in 2023, Lynden, WA has a population of 22,400, which has increased by 7.6% over the past 5 years. Lynden, WA is a moderately popular place for families, as children make up 24.6% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 7.6% |
% Under 18 | 24.6% | -6.8% |
% Seniors | 17.8% | -1.1% |
% WFH | 9.5% | 30.1% |
% w/ College Degree | 25.2% | 5.4% |
As of the latest ACS Survey released in 2023, Lynden, WA is a predominantly white area, with 75.2% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Lynden, WA is hispanic, making up 14.8% of the population. Foreign-born residents account for 10.7% of the population in Lynden, WA, and this percentage has decreased by 12.3% 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 | 75.2% | -8.3% |
% Black | 0.8% | 33.3% |
% Hispanic | 14.8% | 28.7% |
% Asian | 2.3% | -14.8% |
% Foreign Born | 10.7% | -12.3% |
Mortgage and Risk — Lynden, WA
According to HUD data as of 2023, there were 443 mortgage originations in Lynden, WA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Lynden, WA. Investor activity is low, as 3.0% 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 | 443 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lynden, WA
As of 2024, the percent of homes in Lynden, WA under the Section 8 program is 4.0%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Lynden, WA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 102 |
Total Units Section 8 | 102 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,350 | $1,480 |
| 2 Bedroom | $10 | $1,750 | $1,760 |
| 3 Bedroom | $170 | $2,300 | $2,470 |
| 4 Bedroom | -$40 | $3,000 | $2,960 |
Affordability — Lynden, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $610,000 |
| Median Household Income | $95,200 |