La Center, WA—98629
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Center, WA
As of Oct '25, the median home price in La Center, WA is $654,000, with a year-over-year change of 0.5%. This indicates that home prices in La Center, WA are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $654,000 | 0.5% |
| Single Family | $654,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $583,000 | 2.6% |
3 Bed | $639,000 | 0.6% |
4 Bed | $674,000 | 0.4% |
| 5 Bed | $735,000 | -0.5% |
% of Housing Stock
Rental Trends — La Center, WA
As of July '25, Rentcast reports the average rent in La Center, WA is $2,420, with a year-over-year rent change of -22.4%. Per bedroom, the median rent as of July '25 in La Center, WA is 1-bedrooms: $1,460, 2-bedrooms: $1,750, 3-bedrooms: $2,410, 4-bedrooms: $2,980. The most common rental property sizes in La Center, WA are 3-bedroom and 2-bedroom, accounting for 49.6% and 41.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,460 | $1,460 |
| 2 Bed Rent | $1,750 | $1,750 |
| 3 Bed Rent | $2,400 | $2,410 |
| 4 Bed Rent | $3,150 | $2,980 |
% of Rental Stock
Property Listings — La Center, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Center, WA is 78. 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $735,000 | 6.0% |
Listing Count | 84 | 32.0% |
| Listings as % of Homes | 0.8% | 32.0% |
Days on Market | 78 | 9.0% |
Demographics — La Center, WA
As of the latest ACS Survey released in 2023, La Center, WA has a population of 9,050, which has increased by 4.2% over the past 5 years. La Center, WA is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,050 | 4.2% |
% Under 18 | 22.8% | -10.9% |
% Seniors | 18.9% | 0.0% |
% WFH | 14.9% | 75.3% |
% w/ College Degree | 28.0% | 16.7% |
As of the latest ACS Survey released in 2023, La Center, WA is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in La Center, WA is asian, making up 6.1% of the population. Foreign-born residents account for 5.5% of the population in La Center, WA, and this percentage has increased by 66.7% 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 | 86.4% | -4.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.5% | 32.4% |
% Asian | 6.1% | 205.0% |
% Foreign Born | 5.5% | 66.7% |
Mortgage and Risk — La Center, WA
According to HUD data as of 2023, there were 295 mortgage originations in La Center, WA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in La Center, 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 | 295 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — La Center, WA
As of 2024, the percent of homes in La Center, WA under the Section 8 program is 1.9%. 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 La Center, 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 | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $620 | $1,460 | $2,080 |
| 2 Bedroom | $620 | $1,750 | $2,370 |
| 3 Bedroom | $850 | $2,400 | $3,250 |
| 4 Bedroom | $670 | $3,150 | $3,820 |
Affordability — La Center, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $654,000 |
| Median Household Income | $109,000 |