Palouse, WA 99161 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Palouse, WA—99161

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$335,000

0.4% YoY Growth

Household Income

$90,800

33.3% YoY Growth

Days on Market

204

54.0% Longer YoY

Home Price Forecast

0.8%

Median Rent

$995

14.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$995

14.4% YoY Growth

Home Price Trends — Palouse, WA

As of Dec '25, the median home price in Palouse, WA is $335,000, with a year-over-year change of -0.4%. This indicates that home prices in Palouse, 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 Type	Median Home Value	YoY % Change
All Homes	$335,000	-0.4%
Single Family	$335,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Palouse, WA

As of July '25, Rentcast reports the average rent in Palouse, WA is $995, with a year-over-year rent change of 14.4%. Per bedroom, the median rent as of July '25 in Palouse, WA is 3-bedrooms: $995. The most common rental property sizes in Palouse, WA are 3-bedroom and 1-bedroom, accounting for 24.0% and 23.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$995	$995
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$995	$995
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

23.0%

2 Bedrooms

23.0%

3 Bedrooms

24.0%

4 Bedrooms

15.0%

5+ Bedrooms

15.0%

Property Listings — Palouse, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Palouse, WA is 133. This is a increase of 40.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$359,000	9.0%
Listing Count	9	29.0%
Listings as % of Homes	1.1%	29.0%
Days on Market	204	54.0%

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Demographics — Palouse, WA

As of the latest ACS Survey released in 2023, Palouse, WA has a population of 1,480, which has increased by 13.1% over the past 5 years. Palouse, WA is a moderately popular place for families, as children make up 22.3% of the population. The area has a highly educated workforce, with 47.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,480	13.1%
% Under 18	22.3%	42.9%
% Seniors	21.9%	-4.8%
% WFH	13.1%	118.3%
% w/ College Degree	47.8%	2.6%

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As of the latest ACS Survey released in 2023, Palouse, WA is a predominantly white area, with 83.8% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Palouse, WA is hispanic, making up 4.6% of the population. Foreign-born residents account for 4.1% of the population in Palouse, WA, and this percentage has increased by 173.3% 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	83.8%	-9.2%
% Black	0.0%	-100.0%
% Hispanic	4.6%	35.3%
% Asian	1.6%	6.7%
% Foreign Born	4.1%	173.3%

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Mortgage and Risk — Palouse, WA

According to HUD data as of 2023, there were 82 mortgage originations in Palouse, WA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Palouse, WA. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	82
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Palouse, WA

Palouse, WA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	13
Total Units Section 8	2
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$810
2 Bedroom	N/A	N/A	$1,060
3 Bedroom	$495	$995	$1,490
4 Bedroom	N/A	N/A	$1,790

Palouse, WA—99161

Key Metrics at a Glance

Home Price Trends — Palouse, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Palouse, WA

% of Rental Stock

Property Listings — Palouse, WA

Demographics — Palouse, WA

Race and Ethnicity

Mortgage and Risk — Palouse, WA

Mortgages

Rentals and Section 8 — Palouse, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Palouse, WA

Home Price to Income Ratio

Palouse, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Garfield, WA

Albion

Viola, ID

Pullman, WA

Moscow

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$335,000
Median Household Income	$90,800

Palouse, WA—99161

Key Metrics at a Glance

Home Price Trends — Palouse, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Palouse, WA

% of Rental Stock

Property Listings — Palouse, WA

Demographics — Palouse, WA

Race and Ethnicity

Mortgage and Risk — Palouse, WA

Mortgages

Rentals and Section 8 — Palouse, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Palouse, WA

Home Price to Income Ratio

Palouse, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Garfield, WA

Albion

Viola, ID

Pullman, WA

Moscow

Frequently Asked Questions

What is the average home price in Palouse, WA 99161?

How have home prices in Palouse, WA 99161 changed over the past year?

What is the home price projection for Palouse, WA 99161?

What are the demographics of Palouse, WA 99161?

How long does it take homes to sell in Palouse, WA 99161?

What is the average rent price in Palouse, WA 99161?