Orting, WA—98360
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Orting, WA
As of Oct '25, the median home price in Orting, WA is $555,000, with a year-over-year change of -0.3%. This indicates that home prices in Orting, WA are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $555,000 | -0.3% |
| Single Family | $559,000 | -0.5% |
| Condos | $478,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $457,000 | 0.7% |
3 Bed | $522,000 | -0.2% |
4 Bed | $603,000 | -0.7% |
| 5 Bed | $636,000 | -1.4% |
% of Housing Stock
Rental Trends — Orting, WA
As of July '25, Rentcast reports the average rent in Orting, WA is $2,840, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in Orting, WA is 2-bedrooms: $1,800, 3-bedrooms: $2,750, 4-bedrooms: $2,990. The most common rental property sizes in Orting, WA are 3-bedroom and 1-bedroom, accounting for 54.8% and 17.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,760 | $2,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $2,670 | $2,750 |
| 4 Bed Rent | $3,000 | $2,990 |
% of Rental Stock
Property Listings — Orting, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Orting, WA is 62. This is a increase of 50.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $597,000 | 4.0% |
Listing Count | 75 | 70.0% |
| Listings as % of Homes | 0.5% | 70.0% |
Days on Market | 62 | 50.0% |
Demographics — Orting, WA
As of the latest ACS Survey released in 2023, Orting, WA has a population of 15,000, which has increased by 12.1% over the past 5 years. Orting, WA is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,000 | 12.1% |
% Under 18 | 25.7% | 5.3% |
% Seniors | 12.9% | -8.5% |
% WFH | 11.2% | 166.7% |
% w/ College Degree | 22.3% | 9.9% |
As of the latest ACS Survey released in 2023, Orting, WA is a predominantly white area, with 80.8% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Orting, WA is hispanic, making up 9.3% of the population. Foreign-born residents account for 4.4% of the population in Orting, WA, and this percentage has increased by 18.9% 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 | 80.8% | -3.6% |
% Black | 1.0% | -61.5% |
% Hispanic | 9.3% | 43.1% |
% Asian | 1.4% | 27.3% |
% Foreign Born | 4.4% | 18.9% |
Mortgage and Risk — Orting, WA
According to HUD data as of 2023, there were 301 mortgage originations in Orting, WA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Orting, WA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 301 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Orting, WA
Orting, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 43 |
Total Units Section 8 | 43 |
% Rentals under Section 8 | 6.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,040 |
| 2 Bedroom | $710 | $1,800 | $2,510 |
| 3 Bedroom | $850 | $2,670 | $3,520 |
| 4 Bedroom | $1,020 | $3,000 | $4,020 |
Affordability — Orting, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $555,000 |
| Median Household Income | $115,000 |