East Wenatchee, WA—98802
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Wenatchee, WA
As of Oct '25, the median home price in East Wenatchee, WA is $501,000, with a year-over-year change of 0.7%. This indicates that home prices in East Wenatchee, WA are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $501,000 | 0.7% |
| Single Family | $503,000 | 0.6% |
| Condos | $419,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $379,000 | 2.2% |
2 Bed | $395,000 | 2.1% |
3 Bed | $495,000 | 0.8% |
4 Bed | $619,000 | 0.0% |
| 5 Bed | $715,000 | -0.1% |
% of Housing Stock
Rental Trends — East Wenatchee, WA
As of July '25, Rentcast reports the average rent in East Wenatchee, WA is $2,140, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in East Wenatchee, WA is 1-bedrooms: $1,410, 2-bedrooms: $1,840, 3-bedrooms: $2,480, 4-bedrooms: $3,050. The most common rental property sizes in East Wenatchee, WA are 2-bedroom and 3-bedroom, accounting for 40.1% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,410 |
| 2 Bed Rent | $1,800 | $1,840 |
| 3 Bed Rent | $2,600 | $2,480 |
| 4 Bed Rent | $3,300 | $3,050 |
% of Rental Stock
Property Listings — East Wenatchee, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in East Wenatchee, WA is 62. This is a increase of 3.0% 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 | $621,000 | 2.0% |
Listing Count | 153 | 9.0% |
| Listings as % of Homes | 0.5% | 9.0% |
Days on Market | 62 | 3.0% |
Demographics — East Wenatchee, WA
As of the latest ACS Survey released in 2023, East Wenatchee, WA has a population of 32,200, which has increased by 4.2% over the past 5 years. East Wenatchee, WA is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 23.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,200 | 4.2% |
% Under 18 | 25.4% | -2.3% |
% Seniors | 18.8% | 11.2% |
% WFH | 7.8% | 116.7% |
% w/ College Degree | 23.8% | 8.2% |
As of the latest ACS Survey released in 2023, East Wenatchee, WA is a predominantly white area, with 63.2% 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 East Wenatchee, WA is hispanic, making up 30.3% of the population. Foreign-born residents account for 13.8% of the population in East Wenatchee, WA, and this percentage has increased by 7.0% 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 | 63.2% | -8.9% |
% Black | 0.4% | 0.0% |
% Hispanic | 30.3% | 15.2% |
% Asian | 1.2% | 33.3% |
% Foreign Born | 13.8% | 7.0% |
Mortgage and Risk — East Wenatchee, WA
According to HUD data as of 2023, there were 566 mortgage originations in East Wenatchee, WA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in East Wenatchee, WA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 566 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — East Wenatchee, WA
As of 2024, the percent of homes in East Wenatchee, WA under the Section 8 program is 4.5%. 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 East Wenatchee, WA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 164 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,400 | $1,180 |
| 2 Bedroom | -$250 | $1,800 | $1,550 |
| 3 Bedroom | -$450 | $2,600 | $2,150 |
| 4 Bedroom | -$750 | $3,300 | $2,550 |
Affordability — East Wenatchee, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $501,000 |
| Median Household Income | $88,200 |