Mead, WA—99021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mead, WA
As of Oct '25, the median home price in Mead, WA is $504,000, with a year-over-year change of 0.7%. This indicates that home prices in Mead, 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 | $504,000 | 0.7% |
| Single Family | $515,000 | 0.8% |
| Condos | $155,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $405,000 | 2.0% |
3 Bed | $495,000 | 1.2% |
4 Bed | $528,000 | 0.0% |
| 5 Bed | $634,000 | -1.2% |
% of Housing Stock
Rental Trends — Mead, WA
As of July '25, Rentcast reports the average rent in Mead, WA is $3,040, with a year-over-year rent change of -14.4%. Per bedroom, the median rent as of July '25 in Mead, WA is 2-bedrooms: $1,740, 4-bedrooms: $2,900. The most common rental property sizes in Mead, WA are 3-bedroom and 2-bedroom, accounting for 55.9% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,740 | $1,740 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Mead, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mead, WA is 52. This is a decrease of -11.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $564,000 | 1.0% |
Listing Count | 37 | 9.0% |
| Listings as % of Homes | 0.6% | 9.0% |
Days on Market | 52 | -11.0% |
Demographics — Mead, WA
As of the latest ACS Survey released in 2023, Mead, WA has a population of 9,230, which has decreased by -4.2% over the past 5 years. Mead, WA is a popular place for families, as children make up 25.2% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,230 | -4.2% |
% Under 18 | 25.2% | -2.3% |
% Seniors | 18.4% | -8.0% |
% WFH | 12.3% | 13.9% |
% w/ College Degree | 28.5% | -13.9% |
As of the latest ACS Survey released in 2023, Mead, WA is a predominantly white area, with 85.6% of the population identifying as white. The white population has shrunk by 12.2% in the last 5 years. The second most common race or ethnicity in Mead, WA is hispanic, making up 7.2% of the population. Foreign-born residents account for 2.9% of the population in Mead, WA, and this percentage has increased by 45.0% 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 | 85.6% | -12.2% |
% Black | 0.6% | 500.0% |
% Hispanic | 7.2% | 380.0% |
% Asian | 1.2% | 1,100.0% |
% Foreign Born | 2.9% | 45.0% |
Mortgage and Risk — Mead, WA
According to HUD data as of 2023, there were 319 mortgage originations in Mead, WA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Mead, WA. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 319 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Mead, WA
Mead, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | -$160 | $1,740 | $1,580 |
| 3 Bedroom | N/A | N/A | $2,190 |
| 4 Bedroom | -$340 | $2,900 | $2,560 |
Affordability — Mead, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $504,000 |
| Median Household Income | $82,900 |