Montesano, WA—98563
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montesano, WA
As of Oct '25, the median home price in Montesano, WA is $382,000, with a year-over-year change of -2.2%. This indicates that home prices in Montesano, WA are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $382,000 | -2.2% |
| Single Family | $381,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $424,000 | 0.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montesano, WA
As of July '25, Rentcast reports the average rent in Montesano, WA is $1,330, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Montesano, WA is 1-bedrooms: $1,200, 2-bedrooms: $1,460, 4-bedrooms: $2,000. The most common rental property sizes in Montesano, WA are 2-bedroom and 3-bedroom, accounting for 50.1% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,340 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,340 | $1,200 |
| 2 Bed Rent | $1,400 | $1,460 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Montesano, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Montesano, WA is 69. This is a increase of 46.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $595,000 | 17.0% |
Listing Count | 33 | 31.0% |
| Listings as % of Homes | 0.5% | 31.0% |
Days on Market | 69 | 46.0% |
Demographics — Montesano, WA
As of the latest ACS Survey released in 2023, Montesano, WA has a population of 7,630, which has decreased by -3.9% over the past 5 years. Montesano, WA is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,630 | -3.9% |
% Under 18 | 19.1% | -14.7% |
% Seniors | 29.3% | 26.8% |
% WFH | 7.2% | 18.0% |
% w/ College Degree | 23.6% | 33.3% |
As of the latest ACS Survey released in 2023, Montesano, WA is a predominantly white area, with 88.4% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Montesano, WA is hispanic, making up 5.6% of the population. Foreign-born residents account for 3.0% of the population in Montesano, WA, and this percentage has decreased by 26.8% 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 | 88.4% | 1.5% |
% Black | 0.1% | -50.0% |
% Hispanic | 5.6% | -23.3% |
% Asian | 0.5% | -76.2% |
% Foreign Born | 3.0% | -26.8% |
Mortgage and Risk — Montesano, WA
According to HUD data as of 2023, there were 136 mortgage originations in Montesano, WA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Montesano, WA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 136 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Montesano, WA
Montesano, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 65 |
Total Units Section 8 | 66 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $1,340 | $1,080 |
| 2 Bedroom | -$10 | $1,400 | $1,390 |
| 3 Bedroom | N/A | N/A | $1,950 |
| 4 Bedroom | $170 | $2,000 | $2,170 |
Affordability — Montesano, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $382,000 |
| Median Household Income | $77,900 |