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Newman Lake, WA—99025

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$480,000
1.0% YoY Growth
Household Income
$117,000
62.8% YoY Growth
Days on Market
101
5.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$1,300
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Newman Lake, WA

As of Dec '25, the median home price in Newman Lake, WA is $480,000, with a year-over-year change of 1.0%. This indicates that home prices in Newman Lake, 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 TypeMedian Home ValueYoY % Change
All Homes
$480,0001.0%
Single Family $482,0001.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $391,000
    -1.8%
    2 Bed
    		$397,0002.1%
    3 Bed
    		$517,0001.6%
    4 Bed
    		$518,0000.6%
    5 Bed $741,2450.1%
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    % of Housing Stock

    1 Bedroom
    3.0%
    2 Bedrooms
    26.3%
    3 Bedrooms
    24.8%
    4 Bedrooms
    36.3%
    5+ Bedrooms
    9.5%

    Rental Trends — Newman Lake, WA

    Newman Lake, WA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,300
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,300$1,300
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    69.8%
    4 Bedrooms
    30.2%

    Property Listings — Newman Lake, WA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Newman Lake, WA is 74. This is a decrease of -7.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$833,000-9.0%
    Listing Count
    		2248.0%
    Listings as % of Homes0.4%48.0%
    Days on Market
    		1015.0%
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    Demographics — Newman Lake, WA

    As of the latest ACS Survey released in 2023, Newman Lake, WA has a population of 5,850, which has increased by 19.3% over the past 5 years. Newman Lake, WA is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,85019.3%
    % Under 18
    		21.1%9.3%
    % Seniors
    		19.9%-4.3%
    % WFH
    		18.0%153.5%
    % w/ College Degree
    		24.4%1.2%
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    As of the latest ACS Survey released in 2023, Newman Lake, WA is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 10.2% in the last 5 years. The second most common race or ethnicity in Newman Lake, WA is hispanic, making up 3.0% of the population. Foreign-born residents account for 2.1% of the population in Newman Lake, WA, and this percentage has decreased by 58.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		82.0%-10.2%
    % Black
    		0.2%-60.0%
    % Hispanic
    		3.0%7.1%
    % Asian
    		1.2%-64.7%
    % Foreign Born
    		2.1%-58.0%
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    Mortgage and Risk — Newman Lake, WA

    According to HUD data as of 2023, there were 71 mortgage originations in Newman Lake, WA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Newman Lake, 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

    MetricZip Code Average
    Total Loan Originations
    		71
    % Conventional Loans
    		92.0%
    % Government Loans
    		8.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		10.0%
    % Cash Out Refinance
    		18.0%
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    Rentals and Section 8 — Newman Lake, WA

    Newman Lake, 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
    		4.7%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,280
    2 Bedroom$320$1,300$1,620
    3 BedroomN/AN/A$2,250
    4 BedroomN/AN/A$2,650

    Affordability — Newman Lake, WA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$480,000
    Median Household Income$117,000

    Newman Lake, WA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    99027

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    99021

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    83854

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    99216

    Frequently Asked Questions