Cashmere, WA—98815
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cashmere, WA
As of Oct '25, the median home price in Cashmere, WA is $529,000, with a year-over-year change of 2.0%. This indicates that home prices in Cashmere, WA are increasing. 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 | $529,000 | 2.0% |
| Single Family | $531,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $409,000 | 2.5% |
3 Bed | $563,000 | 2.4% |
4 Bed | $639,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cashmere, WA
As of July '25, Rentcast reports the average rent in Cashmere, WA is $1,550, with a year-over-year rent change of 5.4%. Per bedroom, the median rent as of July '25 in Cashmere, WA is 1-bedrooms: $1,280, 2-bedrooms: $2,100. The most common rental property sizes in Cashmere, WA are 2-bedroom and 1-bedroom, accounting for 47.9% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,280 |
| 2 Bed Rent | $2,100 | $2,100 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cashmere, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Cashmere, WA is 94. This is a increase of 23.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $810,000 | 12.0% |
Listing Count | 30 | 36.0% |
| Listings as % of Homes | 0.3% | 36.0% |
Days on Market | 94 | 23.0% |
Demographics — Cashmere, WA
As of the latest ACS Survey released in 2023, Cashmere, WA has a population of 8,030, which has increased by 4.0% over the past 5 years. Cashmere, WA is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 26.2% 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 | 8,030 | 4.0% |
% Under 18 | 24.5% | -13.1% |
% Seniors | 16.1% | 8.8% |
% WFH | 7.8% | 1.3% |
% w/ College Degree | 26.2% | 7.4% |
As of the latest ACS Survey released in 2023, Cashmere, WA is a predominantly white area, with 77.0% of the population identifying as white. The white population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Cashmere, WA is hispanic, making up 18.8% of the population. Foreign-born residents account for 10.9% of the population in Cashmere, WA, and this percentage has increased by 9.0% 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 | 77.0% | 3.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 18.8% | -13.4% |
% Asian | 0.5% | -83.3% |
% Foreign Born | 10.9% | 9.0% |
Mortgage and Risk — Cashmere, WA
According to HUD data as of 2023, there were 132 mortgage originations in Cashmere, WA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Cashmere, WA. Investor activity is low, as 0.0% 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 | 132 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Cashmere, WA
Cashmere, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,000 | $1,040 |
| 2 Bedroom | -$790 | $2,100 | $1,310 |
| 3 Bedroom | N/A | N/A | $1,810 |
| 4 Bedroom | N/A | N/A | $2,100 |
Affordability — Cashmere, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $529,000 |
| Median Household Income | $80,900 |