Nine Mile Falls, WA 99026 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Nine Mile Falls, WA—99026

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$540,000

1.2% YoY Growth

Household Income

$98,100

33.3% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

0.5%

Median Rent

$2,500

8.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,300

13.3% YoY Growth

3-Bed Rent

$3,400

37.1% YoY Growth

Home Price Trends — Nine Mile Falls, WA

As of Dec '25, the median home price in Nine Mile Falls, WA is $540,000, with a year-over-year change of 1.2%. This indicates that home prices in Nine Mile Falls, WA are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$540,000	1.2%
Single Family	$543,000	0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Nine Mile Falls, WA

As of July '25, Rentcast reports the average rent in Nine Mile Falls, WA is $2,550, with a year-over-year rent change of 8.5%. Per bedroom, the median rent as of July '25 in Nine Mile Falls, WA is 2-bedrooms: $1,300, 3-bedrooms: $3,400, 4-bedrooms: $2,750. The most common rental property sizes in Nine Mile Falls, WA are 3-bedroom and 5+ bedroom, accounting for 42.6% and 23.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,550
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,300	$1,300
3 Bed Rent	$3,400	$3,400
4 Bed Rent	$2,500	$2,750

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% of Rental Stock

1 Bedroom

14.9%

2 Bedrooms

12.1%

3 Bedrooms

42.6%

4 Bedrooms

7.1%

5+ Bedrooms

23.4%

Property Listings — Nine Mile Falls, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Nine Mile Falls, WA is 58. This is a increase of 4.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$646,000	1.0%
Listing Count	51	28.0%
Listings as % of Homes	0.6%	28.0%
Days on Market	71	-12.0%

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Demographics — Nine Mile Falls, WA

As of the latest ACS Survey released in 2023, Nine Mile Falls, WA has a population of 9,210, which has remained stable by -1.0% over the past 5 years. Nine Mile Falls, WA is a moderately popular place for families, as children make up 18.2% of the population. The area has a moderately educated workforce, with 28.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,210	-1.0%
% Under 18	18.2%	-14.2%
% Seniors	30.2%	42.5%
% WFH	11.5%	113.0%
% w/ College Degree	28.1%	6.0%

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As of the latest ACS Survey released in 2023, Nine Mile Falls, WA is a predominantly white area, with 89.4% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Nine Mile Falls, WA is hispanic, making up 4.7% of the population. Foreign-born residents account for 3.9% of the population in Nine Mile Falls, WA, and this percentage has decreased by 35.0% 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	89.4%	-0.8%
% Black	0.0%	-100.0%
% Hispanic	4.7%	38.2%
% Asian	0.7%	-12.5%
% Foreign Born	3.9%	-35.0%

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Mortgage and Risk — Nine Mile Falls, WA

According to HUD data as of 2023, there were 317 mortgage originations in Nine Mile Falls, WA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Nine Mile Falls, WA. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	317
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Nine Mile Falls, WA

Nine Mile Falls, WA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% Rentals under Section 8	2.8%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,010
2 Bedroom	$0	$1,300	$1,300
3 Bedroom	-$1,610	$3,400	$1,790
4 Bedroom	-$400	$2,500	$2,100

Nine Mile Falls, WA—99026

Key Metrics at a Glance

Home Price Trends — Nine Mile Falls, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nine Mile Falls, WA

% of Rental Stock

Property Listings — Nine Mile Falls, WA

Demographics — Nine Mile Falls, WA

Race and Ethnicity

Mortgage and Risk — Nine Mile Falls, WA

Mortgages

Rentals and Section 8 — Nine Mile Falls, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Nine Mile Falls, WA

Home Price to Income Ratio

Nine Mile Falls, WA — ZIP Code Boundary Map

Nearby ZIP Codes

North Spokane, Spokane, WA

Airway Heights, WA

Latah Valley, Spokane, WA

Fairchild Air Force Base, WA

Deer Park, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.3
Median Home Price	$540,000
Median Household Income	$98,100

Nine Mile Falls, WA—99026

Key Metrics at a Glance

Home Price Trends — Nine Mile Falls, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Nine Mile Falls, WA

% of Rental Stock

Property Listings — Nine Mile Falls, WA

Demographics — Nine Mile Falls, WA

Race and Ethnicity

Mortgage and Risk — Nine Mile Falls, WA

Mortgages

Rentals and Section 8 — Nine Mile Falls, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Nine Mile Falls, WA

Home Price to Income Ratio

Nine Mile Falls, WA — ZIP Code Boundary Map

Nearby ZIP Codes

North Spokane, Spokane, WA

Airway Heights, WA

Latah Valley, Spokane, WA

Fairchild Air Force Base, WA

Deer Park, WA

Frequently Asked Questions

What is the average home price in Nine Mile Falls, WA 99026?

How have home prices in Nine Mile Falls, WA 99026 changed over the past year?

What is the home price projection for Nine Mile Falls, WA 99026?

What are the demographics of Nine Mile Falls, WA 99026?

How long does it take homes to sell in Nine Mile Falls, WA 99026?

What is the average rent price in Nine Mile Falls, WA 99026?