Othello, WA—99344
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Othello, WA
As of Oct '25, the median home price in Othello, WA is $339,000, with a year-over-year change of 3.3%. This indicates that home prices in Othello, WA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | 3.3% |
| Single Family | $343,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $257,000 | 3.2% |
3 Bed | $335,000 | 3.4% |
4 Bed | $419,000 | 1.9% |
| 5 Bed | $524,000 | 0.6% |
% of Housing Stock
Rental Trends — Othello, WA
As of July '25, Rentcast reports the average rent in Othello, WA is $1,200, with a year-over-year rent change of -22.6%. Per bedroom, the median rent as of July '25 in Othello, WA is 2-bedrooms: $1,200. The most common rental property sizes in Othello, WA are 3-bedroom and 2-bedroom, accounting for 37.9% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Othello, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Othello, WA is 104. This is a increase of 79.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | 3.0% |
Listing Count | 55 | 9.0% |
| Listings as % of Homes | 0.6% | 9.0% |
Days on Market | 104 | 79.0% |
Demographics — Othello, WA
As of the latest ACS Survey released in 2023, Othello, WA has a population of 19,500, which has increased by 8.1% over the past 5 years. Othello, WA is a popular place for families, as children make up 37.4% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,500 | 8.1% |
% Under 18 | 37.4% | -3.1% |
% Seniors | 9.9% | 5.3% |
% WFH | 5.6% | 0.0% |
% w/ College Degree | 13.7% | 29.2% |
As of the latest ACS Survey released in 2023, Othello, WA is a predominantly hispanic area, with 73.1% of the population identifying as hispanic. The hispanic population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Othello, WA is white, making up 24.8% of the population. Foreign-born residents account for 26.6% of the population in Othello, WA, and this percentage has decreased by 9.5% 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 | 24.8% | 0.4% |
% Black | 0.2% | -75.0% |
% Hispanic | 73.1% | -0.9% |
% Asian | 0.4% | -55.6% |
% Foreign Born | 26.6% | -9.5% |
Mortgage and Risk — Othello, WA
According to HUD data as of 2023, there were 152 mortgage originations in Othello, WA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Othello, WA. Investor activity is low, as 1.0% 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 | 152 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Othello, WA
Othello, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 108 |
Total Units Section 8 | 53 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,090 |
| 2 Bedroom | $140 | $1,200 | $1,340 |
| 3 Bedroom | N/A | N/A | $1,770 |
| 4 Bedroom | N/A | N/A | $2,130 |
Affordability — Othello, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $339,000 |
| Median Household Income | $64,300 |