Mead, WA 99021 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mead, WA—99021

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$502,000

0.8% YoY Growth

Household Income

$82,900

24.8% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

0.7%

Median Rent

$2,900

14.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,740

N/A

3-Bed Rent

N/A

Home Price Trends — Mead, WA

As of Dec '25, the median home price in Mead, WA is $502,000, with a year-over-year change of 0.8%. This indicates that home prices in Mead, WA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$502,000	0.8%
Single Family	$512,000	1.0%
Condos	$158,000	1.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

4.8%

2 Bedrooms

25.6%

3 Bedrooms

55.9%

4 Bedrooms

11.2%

5+ Bedrooms

2.6%

Property Listings — Mead, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Mead, WA is 50. This is a decrease of -13.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$548,000	0.0%
Listing Count	24	-17.0%
Listings as % of Homes	0.6%	-17.0%
Days on Market	60	-15.0%

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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%

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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%

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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%

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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

Mead, WA—99021

Key Metrics at a Glance

Home Price Trends — Mead, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mead, WA

% of Rental Stock

Property Listings — Mead, WA

Demographics — Mead, WA

Race and Ethnicity

Mortgage and Risk — Mead, WA

Mortgages

Rentals and Section 8 — Mead, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mead, WA

Home Price to Income Ratio

Mead, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Chattaroy, WA

Newman Lake, WA

Hillyard, Spokane, WA

Otis Orchards-East Farms, WA

Spokane Valley, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.9
Median Home Price	$502,000
Median Household Income	$82,900

Mead, WA—99021

Key Metrics at a Glance

Home Price Trends — Mead, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mead, WA

% of Rental Stock

Property Listings — Mead, WA

Demographics — Mead, WA

Race and Ethnicity

Mortgage and Risk — Mead, WA

Mortgages

Rentals and Section 8 — Mead, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Mead, WA

Home Price to Income Ratio

Mead, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Chattaroy, WA

Newman Lake, WA

Hillyard, Spokane, WA

Otis Orchards-East Farms, WA

Spokane Valley, WA

Frequently Asked Questions

What is the average home price in Mead, WA 99021?

How have home prices in Mead, WA 99021 changed over the past year?

What is the home price projection for Mead, WA 99021?

What are the demographics of Mead, WA 99021?

How long does it take homes to sell in Mead, WA 99021?

What is the average rent price in Mead, WA 99021?