Connell, WA—99326
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Connell, WA
As of Oct '25, the median home price in Connell, WA is $323,000, with a year-over-year change of 1.0%. This indicates that home prices in Connell, WA are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $323,000 | 1.0% |
| Single Family | $323,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $304,000 | 0.7% |
4 Bed | $359,000 | 0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Connell, WA
As of July '25, Rentcast reports the average rent in Connell, WA is $963, with a year-over-year rent change of 7.5%. Per bedroom, the median rent as of July '25 in Connell, WA is 1-bedrooms: $963. The most common rental property sizes in Connell, WA are 3-bedroom and 2-bedroom, accounting for 73.3% and 18.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $963 | $963 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $963 | $963 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Connell, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Connell, WA is 123. This is a increase of 160.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $414,000 | 3.0% |
Listing Count | 12 | 192.0% |
| Listings as % of Homes | 0.3% | 192.0% |
Days on Market | 123 | 160.0% |
Demographics — Connell, WA
As of the latest ACS Survey released in 2023, Connell, WA has a population of 5,880, which has decreased by -5.9% over the past 5 years. Connell, WA is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 9.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,880 | -5.9% |
% Under 18 | 22.8% | -8.4% |
% Seniors | 11.6% | 6.4% |
% WFH | 7.7% | 450.0% |
% w/ College Degree | 9.3% | 72.2% |
As of the latest ACS Survey released in 2023, Connell, WA is a predominantly white area, with 47.9% of the population identifying as white. The white population has grown by 20.4% in the last 5 years. The second most common race or ethnicity in Connell, WA is hispanic, making up 42.0% of the population. Foreign-born residents account for 19.2% of the population in Connell, WA, and this percentage has decreased by 13.1% 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 | 47.9% | 20.4% |
% Black | 4.5% | 12.5% |
% Hispanic | 42.0% | -14.3% |
% Asian | 1.9% | -45.7% |
% Foreign Born | 19.2% | -13.1% |
Mortgage and Risk — Connell, WA
According to HUD data as of 2023, there were 43 mortgage originations in Connell, WA, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Connell, 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 | 43 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Connell, WA
Connell, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | 10.7% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $197 | $963 | $1,160 |
| 2 Bedroom | N/A | N/A | $1,410 |
| 3 Bedroom | N/A | N/A | $1,880 |
| 4 Bedroom | N/A | N/A | $2,170 |
Affordability — Connell, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $323,000 |
| Median Household Income | $71,500 |