Airway Heights, WA—99001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Airway Heights, WA
As of Oct '25, the median home price in Airway Heights, WA is $369,000, with a year-over-year change of 0.3%. This indicates that home prices in Airway Heights, WA are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $369,000 | 0.3% |
| Single Family | $369,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $302,000 | 1.7% |
3 Bed | $369,000 | 0.3% |
4 Bed | $413,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Airway Heights, WA
As of July '25, Rentcast reports the average rent in Airway Heights, WA is $1,730, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Airway Heights, WA is studios: $1,240, 1-bedrooms: $1,400, 2-bedrooms: $1,410, 3-bedrooms: $2,130, 4-bedrooms: $2,100. The most common rental property sizes in Airway Heights, WA are 2-bedroom and 3-bedroom, accounting for 53.7% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,640 | $1,730 |
| Studio Rent | $1,240 | $1,240 |
| 1 Bed Rent | $1,340 | $1,400 |
| 2 Bed Rent | $1,400 | $1,410 |
| 3 Bed Rent | $2,000 | $2,130 |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Airway Heights, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Airway Heights, WA is 53. This is a increase of 43.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $396,000 | 7.0% |
Listing Count | 27 | 34.0% |
| Listings as % of Homes | 0.6% | 34.0% |
Days on Market | 53 | 43.0% |
Demographics — Airway Heights, WA
As of the latest ACS Survey released in 2023, Airway Heights, WA has a population of 8,930, which has increased by 31.4% over the past 5 years. Airway Heights, WA is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,930 | 31.4% |
% Under 18 | 25.2% | 65.8% |
% Seniors | 8.8% | 15.8% |
% WFH | 5.7% | 418.2% |
% w/ College Degree | 17.7% | 121.2% |
As of the latest ACS Survey released in 2023, Airway Heights, WA is a predominantly white area, with 57.4% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Airway Heights, WA is hispanic, making up 10.3% of the population. Foreign-born residents account for 8.6% of the population in Airway Heights, WA, and this percentage has increased by 16.2% 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 | 57.4% | -12.0% |
% Black | 8.1% | 50.0% |
% Hispanic | 10.3% | -1.0% |
% Asian | 6.3% | 28.6% |
% Foreign Born | 8.6% | 16.2% |
Mortgage and Risk — Airway Heights, WA
According to HUD data as of 2023, there were 78 mortgage originations in Airway Heights, WA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Airway Heights, WA. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Airway Heights, WA
As of 2024, the percent of homes in Airway Heights, WA under the Section 8 program is 11.6%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Airway Heights, WA, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 189 |
Total Units Section 8 | 189 |
% Rentals under Section 8 | 11.6% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,340 | $1,180 |
| 2 Bedroom | $120 | $1,400 | $1,520 |
| 3 Bedroom | $100 | $2,000 | $2,100 |
| 4 Bedroom | $360 | $2,100 | $2,460 |
Affordability — Airway Heights, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $369,000 |
| Median Household Income | $60,200 |