Cascade Park East, Vancouver, WA—98682
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cascade Park East, Vancouver, WA
As of Oct '25, the median home price in Cascade Park East, Vancouver, WA is $493,000, with a year-over-year change of -1.3%. This indicates that home prices in Cascade Park East, Vancouver, WA are decreasing. 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 | $493,000 | -1.3% |
| Single Family | $496,000 | -1.4% |
| Condos | $249,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $304,000 | -4.4% |
3 Bed | $464,000 | -1.3% |
4 Bed | $562,000 | -1.9% |
| 5 Bed | $677,000 | -1.6% |
% of Housing Stock
Rental Trends — Cascade Park East, Vancouver, WA
As of July '25, Rentcast reports the average rent in Cascade Park East, Vancouver, WA is $2,470, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Cascade Park East, Vancouver, WA is studios: $1,250, 1-bedrooms: $1,480, 2-bedrooms: $1,830, 3-bedrooms: $2,520, 4-bedrooms: $2,970. The most common rental property sizes in Cascade Park East, Vancouver, WA are 3-bedroom and 2-bedroom, accounting for 40.6% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,470 |
| Studio Rent | $1,250 | $1,250 |
| 1 Bed Rent | $1,440 | $1,480 |
| 2 Bed Rent | $1,800 | $1,830 |
| 3 Bed Rent | $2,450 | $2,520 |
| 4 Bed Rent | $3,000 | $2,970 |
% of Rental Stock
Property Listings — Cascade Park East, Vancouver, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cascade Park East, Vancouver, WA is 55. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $569,000 | -3.0% |
Listing Count | 283 | 2.0% |
| Listings as % of Homes | 0.8% | 2.0% |
Days on Market | 55 | -14.0% |
Demographics — Cascade Park East, Vancouver, WA
As of the latest ACS Survey released in 2023, Cascade Park East, Vancouver, WA has a population of 67,300, which has increased by 15.7% over the past 5 years. Cascade Park East, Vancouver, WA is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 67,300 | 15.7% |
% Under 18 | 24.8% | -8.1% |
% Seniors | 11.8% | 13.5% |
% WFH | 13.4% | 152.8% |
% w/ College Degree | 25.6% | 12.3% |
As of the latest ACS Survey released in 2023, Cascade Park East, Vancouver, WA is a predominantly white area, with 69.0% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Cascade Park East, Vancouver, WA is hispanic, making up 14.6% of the population. Foreign-born residents account for 13.0% of the population in Cascade Park East, Vancouver, WA, and this percentage has increased by 5.7% 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 | 69.0% | -8.9% |
% Black | 2.2% | 29.4% |
% Hispanic | 14.6% | 33.9% |
% Asian | 5.7% | 3.6% |
% Foreign Born | 13.0% | 5.7% |
Mortgage and Risk — Cascade Park East, Vancouver, WA
According to HUD data as of 2023, there were 1084 mortgage originations in Cascade Park East, Vancouver, WA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Cascade Park East, Vancouver, WA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,084 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Cascade Park East, Vancouver, WA
As of 2024, the percent of homes in Cascade Park East, Vancouver, WA under the Section 8 program is 4.8%. 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 Cascade Park East, Vancouver, WA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 341 |
Total Units Section 8 | 341 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,440 | $1,630 |
| 2 Bedroom | $60 | $1,800 | $1,860 |
| 3 Bedroom | $100 | $2,450 | $2,550 |
| 4 Bedroom | $0 | $3,000 | $3,000 |
Affordability — Cascade Park East, Vancouver, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $493,000 |
| Median Household Income | $95,900 |