Aberdeen, WA—98520
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aberdeen, WA
As of Oct '25, the median home price in Aberdeen, WA is $276,000, with a year-over-year change of -4.1%. This indicates that home prices in Aberdeen, WA are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | -4.1% |
| Single Family | $276,000 | -4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $230,000 | -2.5% |
3 Bed | $312,000 | -1.9% |
4 Bed | $350,000 | -2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Aberdeen, WA
As of July '25, Rentcast reports the average rent in Aberdeen, WA is $1,520, with a year-over-year rent change of 10.9%. Per bedroom, the median rent as of July '25 in Aberdeen, WA is studios: $1,200, 1-bedrooms: $1,280, 2-bedrooms: $1,550, 3-bedrooms: $2,120, 4-bedrooms: $1,900. The most common rental property sizes in Aberdeen, WA are 2-bedroom and 3-bedroom, accounting for 45.2% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,420 | $1,520 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,250 | $1,280 |
| 2 Bed Rent | $1,600 | $1,550 |
| 3 Bed Rent | $1,900 | $2,120 |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Aberdeen, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Aberdeen, WA is 67. This is a increase of 32.0% 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 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | 1.0% |
Listing Count | 111 | 25.0% |
| Listings as % of Homes | 0.7% | 25.0% |
Days on Market | 67 | 32.0% |
Demographics — Aberdeen, WA
As of the latest ACS Survey released in 2023, Aberdeen, WA has a population of 25,100, which has increased by 4.0% over the past 5 years. Aberdeen, WA is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,100 | 4.0% |
% Under 18 | 23.3% | 6.4% |
% Seniors | 16.6% | 9.2% |
% WFH | 6.5% | 44.4% |
% w/ College Degree | 14.1% | -10.2% |
As of the latest ACS Survey released in 2023, Aberdeen, WA is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Aberdeen, WA is hispanic, making up 16.4% of the population. Foreign-born residents account for 6.7% of the population in Aberdeen, WA, and this percentage has decreased by 6.9% 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 | 69.8% | -5.0% |
% Black | 4.0% | 60.0% |
% Hispanic | 16.4% | 14.7% |
% Asian | 1.1% | -42.1% |
% Foreign Born | 6.7% | -6.9% |
Mortgage and Risk — Aberdeen, WA
According to HUD data as of 2023, there were 406 mortgage originations in Aberdeen, WA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Aberdeen, WA. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 406 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Aberdeen, WA
Aberdeen, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 459 |
Total Units Section 8 | 459 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$360 | $1,250 | $890 |
| 2 Bedroom | -$450 | $1,600 | $1,150 |
| 3 Bedroom | -$290 | $1,900 | $1,610 |
| 4 Bedroom | -$100 | $1,900 | $1,800 |
Affordability — Aberdeen, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $276,000 |
| Median Household Income | $59,700 |