Kalama, WA—98625
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kalama, WA
As of Oct '25, the median home price in Kalama, WA is $541,000, with a year-over-year change of 0.4%. This indicates that home prices in Kalama, WA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $541,000 | 0.5% |
| Single Family | $542,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $423,000 | -0.2% |
3 Bed | $542,000 | 0.4% |
4 Bed | $614,000 | 0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kalama, WA
As of July '25, Rentcast reports the average rent in Kalama, WA is $2,080, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Kalama, WA is 3-bedrooms: $2,080. The most common rental property sizes in Kalama, WA are 1-bedroom and 2-bedroom, accounting for 46.7% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,100 | $2,080 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kalama, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Kalama, WA is 69. This is a increase of 9.0% 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 | $634,000 | -11.0% |
Listing Count | 44 | 28.0% |
| Listings as % of Homes | 0.6% | 28.0% |
Days on Market | 69 | 9.0% |
Demographics — Kalama, WA
As of the latest ACS Survey released in 2023, Kalama, WA has a population of 7,020, which has increased by 5.0% over the past 5 years. Kalama, WA is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 27.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,020 | 5.0% |
% Under 18 | 19.4% | -5.8% |
% Seniors | 23.0% | 27.1% |
% WFH | 8.8% | 4.8% |
% w/ College Degree | 27.4% | 33.0% |
As of the latest ACS Survey released in 2023, Kalama, WA is a predominantly white area, with 87.1% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Kalama, WA is hispanic, making up 6.1% of the population. Foreign-born residents account for 4.3% of the population in Kalama, WA, and this percentage has increased by 72.0% 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 | 87.1% | -5.9% |
% Black | 0.0% | N/A |
% Hispanic | 6.1% | 117.9% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 4.3% | 72.0% |
Mortgage and Risk — Kalama, WA
According to HUD data as of 2023, there were 224 mortgage originations in Kalama, WA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Kalama, WA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 224 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Kalama, WA
Kalama, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,250 |
| 2 Bedroom | N/A | N/A | $1,470 |
| 3 Bedroom | -$40 | $2,100 | $2,060 |
| 4 Bedroom | N/A | N/A | $2,450 |
Affordability — Kalama, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $541,000 |
| Median Household Income | $119,000 |