Clover Creek, WA98445

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$486,000
0.3% YoY Growth
Median Household Income
$90,100
41.6% 5-Year Growth
Days on Market
54
16.0% Longer than last year
Home Price Forecast
-0.1%
Median Rent
$2,540
6.2% YoY Growth
1-Bed Rent
$1,400
N/A
2-Bed Rent
$2,000
18.3% YoY Growth
3-Bed Rent
$2,580
5.5% YoY Growth

Other Zip Codes in Clover Creek, WA

Property Listings — Clover Creek, WA

As of Oct '25, Realtor.com reports that the median days on market for a home in Clover Creek, WA is 54. This is a increase of 16.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$544,000-3.0%
Listing Count
136-1.0%
Listings as % of Homes0.5%-1.0%
Days on Market
5416.0%
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Demographics — Clover Creek, WA

As of the latest ACS Survey released in 2023, Clover Creek, WA has a population of 33,600, which has increased by 3.3% over the past 5 years. Clover Creek, WA is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
33,6003.3%
% Under 18
23.9%-4.4%
% Seniors
16.7%38.0%
% WFH
8.3%124.3%
% w/ College Degree
19.1%17.9%
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As of the latest ACS Survey released in 2023, Clover Creek, WA is a predominantly white area, with 52.6% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Clover Creek, WA is hispanic, making up 13.9% of the population. Foreign-born residents account for 12.3% of the population in Clover Creek, WA, and this percentage has increased by 6.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
52.6%-7.2%
% Black
10.0%-2.0%
% Hispanic
13.9%8.6%
% Asian
5.8%-25.6%
% Foreign Born
12.3%6.0%
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Mortgage and Risk — Clover Creek, WA

According to HUD data as of 2023, there were 537 mortgage originations in Clover Creek, WA, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Clover Creek, WA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
537
% Conventional Loans
60.0%
% Government Loans
40.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Clover Creek, WA

As of 2024, the percent of homes in Clover Creek, WA under the Section 8 program is 8.6%. 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. In Clover Creek, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
353
Total Units Section 8
325
% Rentals under Section 8
8.6%
% Occupied Section 8
84.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$290$1,400$1,690
2 Bedroom$80$2,000$2,080
3 Bedroom$330$2,580$2,910
4 Bedroom$480$2,850$3,330

Affordability — Clover Creek, WA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.1
Median Home Price$486,000
Median Household Income$90,100

Clover Creek, WA — ZIP Code Boundary Map

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Frequently Asked Questions