Fox Island, WA—98333
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fox Island, WA
As of Oct '25, the median home price in Fox Island, WA is $1,062,000, with a year-over-year change of -0.2%. This indicates that home prices in Fox Island, WA are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,062,000 | -0.2% |
| Single Family | $1,072,000 | -0.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $927,000 | 0.7% |
3 Bed | $975,000 | -0.6% |
4 Bed | $1,331,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fox Island, WA
As of July '25, Rentcast reports the average rent in Fox Island, WA is $2,070, with a year-over-year rent change of -32.1%. Per bedroom, the median rent as of July '25 in Fox Island, WA is studios: $600, 2-bedrooms: $1,380, 3-bedrooms: $3,500. The most common rental property sizes in Fox Island, WA are studio and 3-bedroom, accounting for 37.9% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $2,070 |
| Studio Rent | $600 | $600 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,280 | $1,380 |
| 3 Bed Rent | $2,900 | $3,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fox Island, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fox Island, WA is 58. This is a decrease of -13.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,320,000 | -2.0% |
Listing Count | 20 | 6.0% |
| Listings as % of Homes | 0.5% | 6.0% |
Days on Market | 58 | -13.0% |
Demographics — Fox Island, WA
As of the latest ACS Survey released in 2023, Fox Island, WA has a population of 3,360, which has decreased by -8.9% over the past 5 years. Fox Island, WA is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 58.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,360 | -8.9% |
% Under 18 | 19.4% | 0.5% |
% Seniors | 27.0% | 39.9% |
% WFH | 21.3% | 60.2% |
% w/ College Degree | 58.6% | 16.5% |
As of the latest ACS Survey released in 2023, Fox Island, WA is a predominantly white area, with 91.2% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Fox Island, WA is hispanic, making up 2.7% of the population. Foreign-born residents account for 2.1% of the population in Fox Island, WA, and this percentage has decreased by 47.5% 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 | 91.2% | 2.7% |
% Black | 0.3% | ∞% |
% Hispanic | 2.7% | -3.6% |
% Asian | 2.3% | 155.6% |
% Foreign Born | 2.1% | -47.5% |
Mortgage and Risk — Fox Island, WA
According to HUD data as of 2023, there were 82 mortgage originations in Fox Island, WA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Fox Island, WA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fox Island, WA
Fox Island, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,900 |
| 2 Bedroom | $1,060 | $1,280 | $2,340 |
| 3 Bedroom | $380 | $2,900 | $3,280 |
| 4 Bedroom | N/A | N/A | $3,740 |
Affordability — Fox Island, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $1,062,000 |
| Median Household Income | $173,000 |