Pasco, WA 99301 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pasco, WA—99301

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$422,000

0.4% YoY Growth

Household Income

$82,500

30.9% YoY Growth

Days on Market

7.0% Longer YoY

Home Price Forecast

-0.9%

Median Rent

$1,750

1.6% YoY Growth

1-Bed Rent

$1,200

29.5% YoY Growth

2-Bed Rent

$1,480

0.7% YoY Growth

3-Bed Rent

$2,100

1.9% YoY Growth

Home Price Trends — Pasco, WA

As of May '26, the median home price in Pasco, WA is $422,000, with a year-over-year change of -0.4%. This indicates that home prices in Pasco, WA are flat. 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	$422,000	-0.4%
Single Family	$422,000	-0.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pasco, WA

As of July '25, Rentcast reports the average rent in Pasco, WA is $1,870, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Pasco, WA is studios: $995, 1-bedrooms: $1,260, 2-bedrooms: $1,470, 3-bedrooms: $2,060, 4-bedrooms: $2,780. The most common rental property sizes in Pasco, WA are 3-bedroom and 2-bedroom, accounting for 35.8% and 28.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,750	$1,870
Studio Rent	$995	$995
1 Bed Rent	$1,200	$1,260
2 Bed Rent	$1,480	$1,470
3 Bed Rent	$2,100	$2,060
4 Bed Rent	$2,500	$2,780

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% of Rental Stock

Studio

8.3%

1 Bedroom

18.6%

2 Bedrooms

28.6%

3 Bedrooms

35.8%

4 Bedrooms

7.7%

5+ Bedrooms

1.1%

Property Listings — Pasco, WA

As of May '26, Realtor.com reports that the median days on market for a home in Pasco, WA is 50. This is a increase of 7.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$525,000	0.0%
Listing Count	310	27.0%
Listings as % of Homes	0.6%	27.0%
Days on Market	50	7.0%

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Demographics — Pasco, WA

As of the latest ACS Survey released in 2023, Pasco, WA has a population of 86,500, which has increased by 9.8% over the past 5 years. Pasco, WA is a popular place for families, as children make up 32.0% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	86,500	9.8%
% Under 18	32.0%	-3.6%
% Seniors	9.9%	15.1%
% WFH	7.0%	75.0%
% w/ College Degree	21.5%	13.2%

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As of the latest ACS Survey released in 2023, Pasco, WA is a predominantly hispanic area, with 55.4% of the population identifying as hispanic. The hispanic population has grown by 5.1% in the last 5 years. The second most common race or ethnicity in Pasco, WA is white, making up 37.0% of the population. Foreign-born residents account for 21.1% of the population in Pasco, WA, and this percentage has decreased by 5.0% 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	37.0%	-9.3%
% Black	1.9%	-20.8%
% Hispanic	55.4%	5.1%
% Asian	1.7%	-29.2%
% Foreign Born	21.1%	-5.0%

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Mortgage and Risk — Pasco, WA

According to HUD data as of 2023, there were 1452 mortgage originations in Pasco, WA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Pasco, WA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,452
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Pasco, WA

As of 2024, the percent of homes in Pasco, WA under the Section 8 program is 3.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Pasco, WA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	559
Total Units Section 8	279
% Rentals under Section 8	3.4%
% Occupied Section 8	76.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$0	$1,200	$1,200
2 Bedroom	-$20	$1,480	$1,460
3 Bedroom	-$150	$2,100	$1,950
4 Bedroom	-$250	$2,500	$2,250

Pasco, WA—99301

Key Metrics at a Glance

Home Price Trends — Pasco, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pasco, WA

% of Rental Stock

Property Listings — Pasco, WA

Demographics — Pasco, WA

Race and Ethnicity

Mortgage and Risk — Pasco, WA

Mortgages

Rentals and Section 8 — Pasco, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Pasco, WA

Home Price to Income Ratio

Pasco, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Eltopia, WA

Burbank, WA

Connell, WA

Kennewick, WA

Mesa, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.9
Median Home Price	$422,000
Median Household Income	$82,500

Pasco, WA—99301

Key Metrics at a Glance

Home Price Trends — Pasco, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pasco, WA

% of Rental Stock

Property Listings — Pasco, WA

Demographics — Pasco, WA

Race and Ethnicity

Mortgage and Risk — Pasco, WA

Mortgages

Rentals and Section 8 — Pasco, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Pasco, WA

Home Price to Income Ratio

Pasco, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Eltopia, WA

Burbank, WA

Connell, WA

Kennewick, WA

Mesa, WA

Frequently Asked Questions

What is the average home price in Pasco, WA 99301?

How have home prices in Pasco, WA 99301 changed over the past year?

What is the home price projection for Pasco, WA 99301?

What are the demographics of Pasco, WA 99301?

How long does it take homes to sell in Pasco, WA 99301?

What is the average rent price in Pasco, WA 99301?