Hoodsport, WA—98548
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hoodsport, WA
As of Oct '25, the median home price in Hoodsport, WA is $356,000, with a year-over-year change of 1.9%. This indicates that home prices in Hoodsport, WA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $356,000 | 1.9% |
| Single Family | $356,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $286,000 | 0.0% |
2 Bed | $380,000 | 1.6% |
3 Bed | $458,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hoodsport, WA
Hoodsport, WA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $490 | $490 |
| Studio Rent | $490 | $490 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hoodsport, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hoodsport, WA is 107. This is a increase of 6.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $364,000 | -1.0% |
Listing Count | 53 | 62.0% |
| Listings as % of Homes | 0.4% | 62.0% |
Days on Market | 107 | 6.0% |
Demographics — Hoodsport, WA
As of the latest ACS Survey released in 2023, Hoodsport, WA has a population of 2,340, which has decreased by -2.9% over the past 5 years. Hoodsport, WA is a less popular place for families, as children make up 4.8% of the population. The area has a moderately educated workforce, with 29.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 37.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,340 | -2.9% |
% Under 18 | 4.8% | -33.3% |
% Seniors | 39.9% | -18.1% |
% WFH | 37.3% | 1,972.2% |
% w/ College Degree | 29.1% | 127.3% |
As of the latest ACS Survey released in 2023, Hoodsport, WA is a predominantly white area, with 89.2% of the population identifying as white. The white population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Hoodsport, WA is hispanic, making up 3.0% of the population. Foreign-born residents account for 1.4% of the population in Hoodsport, WA, and this percentage has decreased by 82.1% 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 | 89.2% | 3.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.0% | 20.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.4% | -82.1% |
Mortgage and Risk — Hoodsport, WA
According to HUD data as of 2023, there were 101 mortgage originations in Hoodsport, WA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Hoodsport, 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 | 101 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 21.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Hoodsport, WA
Hoodsport, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% 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 | $960 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | N/A | N/A | $1,770 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Hoodsport, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $356,000 |
| Median Household Income | $66,500 |