Thorp, WA—98946
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thorp, WA
As of Oct '25, the median home price in Thorp, WA is $433,000, with a year-over-year change of 0.7%. This indicates that home prices in Thorp, WA are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $433,000 | 0.7% |
| Single Family | $433,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $517,000 | 1.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Thorp, WA
Thorp, WA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Thorp, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Thorp, WA is 64. This is a decrease of -48.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $850,000 | -4.0% |
Listing Count | 1 | -20.0% |
| Listings as % of Homes | 2.0% | -20.0% |
Days on Market | 64 | -48.0% |
Demographics — Thorp, WA
As of the latest ACS Survey released in 2023, Thorp, WA has a population of 303, which has decreased by -41.8% over the past 5 years. Thorp, WA is a less popular place for families, as children make up 14.9% of the population. The area has a moderately educated workforce, with 31.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 303 | -41.8% |
% Under 18 | 14.9% | 65.6% |
% Seniors | 35.0% | 8.7% |
% WFH | 22.6% | 15.9% |
% w/ College Degree | 31.2% | 24.8% |
As of the latest ACS Survey released in 2023, Thorp, WA is a predominantly white area, with 68.3% of the population identifying as white. The white population has shrunk by 28.7% in the last 5 years. The second most common race or ethnicity in Thorp, WA is hispanic, making up 13.5% of the population. Foreign-born residents account for 3.3% of the population in Thorp, WA, and this percentage has increased by 6.5% 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 | 68.3% | -28.7% |
% Black | 4.6% | ∞% |
% Hispanic | 13.5% | 610.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.3% | 6.5% |
Mortgage and Risk — Thorp, WA
Thorp, WA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Thorp, WA
Thorp, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | N/A | N/A | $1,340 |
| 3 Bedroom | N/A | N/A | $1,880 |
| 4 Bedroom | N/A | N/A | $2,250 |
Affordability — Thorp, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $433,000 |
| Median Household Income | $120,000 |