Loon Lake, WA 99148 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Loon Lake, WA—99148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$415,000

1.1% YoY Growth

Household Income

$74,700

35.9% YoY Growth

Days on Market

43.0% Shorter YoY

Home Price Forecast

-0.9%

Median Rent

$1,500

0.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,500

N/A

3-Bed Rent

N/A

Home Price Trends — Loon Lake, WA

As of May '26, the median home price in Loon Lake, WA is $415,000, with a year-over-year change of 1.1%. This indicates that home prices in Loon Lake, WA are increasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$415,000	1.1%
Single Family	$415,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Loon Lake, WA

As of July '25, Rentcast reports the average rent in Loon Lake, WA is $1,500, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Loon Lake, WA is 2-bedrooms: $1,500. The most common rental property sizes in Loon Lake, WA are 3-bedroom and 2-bedroom, accounting for 31.4% and 30.2% of the rental stock.

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

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% of Rental Stock

Studio

5.8%

1 Bedroom

27.9%

2 Bedrooms

30.2%

3 Bedrooms

31.4%

4 Bedrooms

4.7%

Property Listings — Loon Lake, WA

As of May '26, Realtor.com reports that the median days on market for a home in Loon Lake, WA is 30. This is a decrease of -43.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$620,000	21.0%
Listing Count	26	11.0%
Listings as % of Homes	0.2%	11.0%
Days on Market	30	-43.0%

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Demographics — Loon Lake, WA

As of the latest ACS Survey released in 2023, Loon Lake, WA has a population of 2,380, which has increased by 29.1% over the past 5 years. Loon Lake, WA is a less popular place for families, as children make up 14.5% of the population. The area has a moderately educated workforce, with 30.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,380	29.1%
% Under 18	14.5%	15.1%
% Seniors	29.7%	-3.6%
% WFH	10.8%	107.7%
% w/ College Degree	30.4%	51.2%

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As of the latest ACS Survey released in 2023, Loon Lake, WA is a predominantly white area, with 87.3% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Loon Lake, WA is hispanic, making up 2.6% of the population. Foreign-born residents account for 0.7% of the population in Loon Lake, WA, and this percentage has increased by 75.0% 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	87.3%	-8.5%
% Black	0.0%	N/A
% Hispanic	2.6%	73.3%
% Asian	1.0%	400.0%
% Foreign Born	0.7%	75.0%

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Mortgage and Risk — Loon Lake, WA

According to HUD data as of 2023, there were 35 mortgage originations in Loon Lake, WA, of which 91.0% 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 Loon Lake, WA. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	35
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	0.0%
% Second Loans	14.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Loon Lake, WA

Loon Lake, 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	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	$870
2 Bedroom	-$400	$1,500	$1,100
3 Bedroom	N/A	N/A	$1,540
4 Bedroom	N/A	N/A	$1,850

Loon Lake, WA—99148

Key Metrics at a Glance

Home Price Trends — Loon Lake, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Loon Lake, WA

% of Rental Stock

Property Listings — Loon Lake, WA

Demographics — Loon Lake, WA

Race and Ethnicity

Mortgage and Risk — Loon Lake, WA

Mortgages

Rentals and Section 8 — Loon Lake, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Loon Lake, WA

Home Price to Income Ratio

Loon Lake, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Clayton, WA

Deer Park, WA

Valley, WA

Chewelah, WA

Springdale, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.3
Median Home Price	$415,000
Median Household Income	$74,700

Loon Lake, WA—99148

Key Metrics at a Glance

Home Price Trends — Loon Lake, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Loon Lake, WA

% of Rental Stock

Property Listings — Loon Lake, WA

Demographics — Loon Lake, WA

Race and Ethnicity

Mortgage and Risk — Loon Lake, WA

Mortgages

Rentals and Section 8 — Loon Lake, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Loon Lake, WA

Home Price to Income Ratio

Loon Lake, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Clayton, WA

Deer Park, WA

Valley, WA

Chewelah, WA

Springdale, WA

Frequently Asked Questions

What is the average home price in Loon Lake, WA 99148?

How have home prices in Loon Lake, WA 99148 changed over the past year?

What is the home price projection for Loon Lake, WA 99148?

What are the demographics of Loon Lake, WA 99148?

How long does it take homes to sell in Loon Lake, WA 99148?

What is the average rent price in Loon Lake, WA 99148?