Airway Heights, WA 99001 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Airway Heights, WA—99001

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$367,000

0.4% YoY Growth

Household Income

$60,200

25.4% YoY Growth

Days on Market

1.0% Longer YoY

Home Price Forecast

0.8%

Median Rent

$1,640

4.2% YoY Growth

1-Bed Rent

$1,340

26.1% YoY Growth

2-Bed Rent

$1,400

1.4% YoY Growth

3-Bed Rent

$2,000

6.5% YoY Growth

Home Price Trends — Airway Heights, WA

As of Dec '25, the median home price in Airway Heights, WA is $367,000, with a year-over-year change of 0.4%. This indicates that home prices in Airway Heights, WA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$367,000	0.4%
Single Family	$367,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

6.2%

1 Bedroom

10.2%

2 Bedrooms

53.7%

3 Bedrooms

28.9%

4 Bedrooms

1.0%

Property Listings — Airway Heights, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Airway Heights, WA is 38. This is a increase of 47.0% 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 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	$381,000	1.0%
Listing Count	17	-9.0%
Listings as % of Homes	0.6%	-9.0%
Days on Market	43	1.0%

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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%

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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%

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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%

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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

Airway Heights, WA—99001

Key Metrics at a Glance

Home Price Trends — Airway Heights, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Airway Heights, WA

% of Rental Stock

Property Listings — Airway Heights, WA

Demographics — Airway Heights, WA

Race and Ethnicity

Mortgage and Risk — Airway Heights, WA

Mortgages

Rentals and Section 8 — Airway Heights, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Airway Heights, WA

Home Price to Income Ratio

Airway Heights, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Latah Valley, Spokane, WA

Fairchild Air Force Base, WA

Medical Lake, WA

Shadle Park, Spokane, WA

Downtown Spokane, Spokane, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6
Median Home Price	$367,000
Median Household Income	$60,200

Airway Heights, WA—99001

Key Metrics at a Glance

Home Price Trends — Airway Heights, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Airway Heights, WA

% of Rental Stock

Property Listings — Airway Heights, WA

Demographics — Airway Heights, WA

Race and Ethnicity

Mortgage and Risk — Airway Heights, WA

Mortgages

Rentals and Section 8 — Airway Heights, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Airway Heights, WA

Home Price to Income Ratio

Airway Heights, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Latah Valley, Spokane, WA

Fairchild Air Force Base, WA

Medical Lake, WA

Shadle Park, Spokane, WA

Downtown Spokane, Spokane, WA

Frequently Asked Questions

What is the average home price in Airway Heights, WA 99001?

How have home prices in Airway Heights, WA 99001 changed over the past year?

What is the home price projection for Airway Heights, WA 99001?

What are the demographics of Airway Heights, WA 99001?

How long does it take homes to sell in Airway Heights, WA 99001?

What is the average rent price in Airway Heights, WA 99001?