Pullman, WA—99163
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pullman, WA
As of Oct '25, the median home price in Pullman, WA is $425,000, with a year-over-year change of -2.5%. This indicates that home prices in Pullman, WA are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $425,000 | -2.5% |
| Single Family | $428,000 | -2.9% |
| Condos | $272,000 | -5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $312,000 | -4.0% |
3 Bed | $405,000 | -2.9% |
4 Bed | $476,000 | -1.7% |
| 5 Bed | $532,000 | -1.8% |
% of Housing Stock
Rental Trends — Pullman, WA
As of July '25, Rentcast reports the average rent in Pullman, WA is $1,600, with a year-over-year rent change of 7.4%. Per bedroom, the median rent as of July '25 in Pullman, WA is studios: $560, 1-bedrooms: $1,030, 2-bedrooms: $1,150, 3-bedrooms: $1,700, 4-bedrooms: $2,120. The most common rental property sizes in Pullman, WA are 2-bedroom and 1-bedroom, accounting for 51.7% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,600 |
| Studio Rent | $560 | $560 |
| 1 Bed Rent | $1,030 | $1,030 |
| 2 Bed Rent | $1,100 | $1,150 |
| 3 Bed Rent | $1,650 | $1,700 |
| 4 Bed Rent | $2,200 | $2,120 |
% of Rental Stock
Property Listings — Pullman, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pullman, WA is 82. This is a decrease of -8.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $424,000 | -13.0% |
Listing Count | 83 | -16.0% |
| Listings as % of Homes | 0.3% | -16.0% |
Days on Market | 82 | -8.0% |
Demographics — Pullman, WA
As of the latest ACS Survey released in 2023, Pullman, WA has a population of 33,700, which has decreased by -2.7% over the past 5 years. Pullman, WA is a less popular place for families, as children make up 12.9% of the population. The area has a highly educated workforce, with 62.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,700 | -2.7% |
% Under 18 | 12.9% | -0.8% |
% Seniors | 7.6% | 33.3% |
% WFH | 9.4% | 123.8% |
% w/ College Degree | 62.8% | -1.6% |
As of the latest ACS Survey released in 2023, Pullman, WA is a predominantly white area, with 69.3% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Pullman, WA is asian, making up 10.1% of the population. Foreign-born residents account for 10.3% of the population in Pullman, WA, and this percentage has decreased by 29.9% 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 | 69.3% | -4.9% |
% Black | 1.8% | -40.0% |
% Hispanic | 9.1% | 24.7% |
% Asian | 10.1% | -12.9% |
% Foreign Born | 10.3% | -29.9% |
Mortgage and Risk — Pullman, WA
According to HUD data as of 2023, there were 320 mortgage originations in Pullman, WA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Pullman, WA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 320 |
% Conventional Loans | 92.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Pullman, WA
Pullman, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 284 |
Total Units Section 8 | 284 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,030 | $880 |
| 2 Bedroom | $60 | $1,100 | $1,160 |
| 3 Bedroom | -$20 | $1,650 | $1,630 |
| 4 Bedroom | -$250 | $2,200 | $1,950 |
Affordability — Pullman, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.1 |
| Median Home Price | $425,000 |
| Median Household Income | $46,400 |