Hazel Dell, Vancouver, WA—98665
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hazel Dell, Vancouver, WA
As of Oct '25, the median home price in Hazel Dell, Vancouver, WA is $491,000, with a year-over-year change of -0.3%. This indicates that home prices in Hazel Dell, Vancouver, 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 | $491,000 | -0.3% |
| Single Family | $497,000 | -0.2% |
| Condos | $238,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $304,000 | -2.9% |
3 Bed | $472,000 | 0.0% |
4 Bed | $555,000 | -0.5% |
| 5 Bed | $626,000 | -0.3% |
% of Housing Stock
Rental Trends — Hazel Dell, Vancouver, WA
As of July '25, Rentcast reports the average rent in Hazel Dell, Vancouver, WA is $1,830, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Hazel Dell, Vancouver, WA is studios: $950, 1-bedrooms: $1,430, 2-bedrooms: $1,670, 3-bedrooms: $2,280, 4-bedrooms: $2,840. The most common rental property sizes in Hazel Dell, Vancouver, WA are 2-bedroom and 3-bedroom, accounting for 44.2% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,660 | $1,830 |
| Studio Rent | $950 | $950 |
| 1 Bed Rent | $1,350 | $1,430 |
| 2 Bed Rent | $1,600 | $1,670 |
| 3 Bed Rent | $2,300 | $2,280 |
| 4 Bed Rent | $3,000 | $2,840 |
% of Rental Stock
Property Listings — Hazel Dell, Vancouver, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hazel Dell, Vancouver, WA is 64. This is a increase of 8.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $509,000 | -10.0% |
Listing Count | 79 | 12.0% |
| Listings as % of Homes | 0.4% | 12.0% |
Days on Market | 64 | 8.0% |
Demographics — Hazel Dell, Vancouver, WA
As of the latest ACS Survey released in 2023, Hazel Dell, Vancouver, WA has a population of 28,200, which has increased by 6.4% over the past 5 years. Hazel Dell, Vancouver, WA is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,200 | 6.4% |
% Under 18 | 21.1% | -6.2% |
% Seniors | 16.2% | 5.9% |
% WFH | 16.7% | 116.9% |
% w/ College Degree | 28.9% | 7.8% |
As of the latest ACS Survey released in 2023, Hazel Dell, Vancouver, WA is a predominantly white area, with 70.3% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Hazel Dell, Vancouver, WA is hispanic, making up 14.1% of the population. Foreign-born residents account for 11.8% of the population in Hazel Dell, Vancouver, WA, and this percentage has increased by 15.7% 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 | 70.3% | -7.4% |
% Black | 3.5% | 59.1% |
% Hispanic | 14.1% | -2.8% |
% Asian | 4.7% | 62.1% |
% Foreign Born | 11.8% | 15.7% |
Mortgage and Risk — Hazel Dell, Vancouver, WA
According to HUD data as of 2023, there were 542 mortgage originations in Hazel Dell, Vancouver, WA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Hazel Dell, Vancouver, WA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 542 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hazel Dell, Vancouver, WA
As of 2024, the percent of homes in Hazel Dell, Vancouver, WA under the Section 8 program is 5.1%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hazel Dell, Vancouver, WA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 336 |
Total Units Section 8 | 278 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,350 | $1,600 |
| 2 Bedroom | $230 | $1,600 | $1,830 |
| 3 Bedroom | $230 | $2,300 | $2,530 |
| 4 Bedroom | -$70 | $3,000 | $2,930 |
Affordability — Hazel Dell, Vancouver, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $491,000 |
| Median Household Income | $83,800 |