Newman Lake, WA—99025
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newman Lake, WA
As of Oct '25, the median home price in Newman Lake, WA is $484,000, with a year-over-year change of 0.8%. This indicates that home prices in Newman Lake, WA are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $484,000 | 0.8% |
| Single Family | $485,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $392,000 | -2.5% |
2 Bed | $400,000 | 1.8% |
3 Bed | $521,000 | 1.2% |
4 Bed | $523,000 | 0.4% |
| 5 Bed | $745,000 | 0.1% |
% of Housing Stock
Rental Trends — Newman Lake, WA
Newman Lake, WA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newman Lake, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newman Lake, WA is 62. 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $800,000 | 4.0% |
Listing Count | 37 | 43.0% |
| Listings as % of Homes | 0.4% | 43.0% |
Days on Market | 62 | -11.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,850 | 19.3% |
% Under 18 | 21.1% | 9.3% |
% Seniors | 19.9% | -4.3% |
% WFH | 18.0% | 153.5% |
% w/ College Degree | 24.4% | 1.2% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,280 |
| 2 Bedroom | $320 | $1,300 | $1,620 |
| 3 Bedroom | N/A | N/A | $2,250 |
| 4 Bedroom | N/A | N/A | $2,650 |
Affordability — Newman Lake, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $484,000 |
| Median Household Income | $117,000 |