Snoqualmie, WA—98065
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Snoqualmie, WA
As of Oct '25, the median home price in Snoqualmie, WA is $1,093,000, with a year-over-year change of 0.3%. This indicates that home prices in Snoqualmie, WA are flat. 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 | $1,093,000 | 0.3% |
| Single Family | $1,144,000 | 0.2% |
| Condos | $607,000 | -1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $514,000 | 3.0% |
2 Bed | $601,000 | 0.0% |
3 Bed | $931,000 | -0.9% |
4 Bed | $1,306,000 | 1.1% |
| 5 Bed | $1,506,000 | 0.3% |
% of Housing Stock
Rental Trends — Snoqualmie, WA
As of July '25, Rentcast reports the average rent in Snoqualmie, WA is $3,810, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Snoqualmie, WA is 2-bedrooms: $2,520, 3-bedrooms: $4,020, 4-bedrooms: $4,000. The most common rental property sizes in Snoqualmie, WA are 2-bedroom and 3-bedroom, accounting for 34.8% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $3,810 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,690 | $2,520 |
| 3 Bed Rent | $4,000 | $4,020 |
| 4 Bed Rent | $3,900 | $4,000 |
% of Rental Stock
Property Listings — Snoqualmie, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Snoqualmie, WA is 52. This is a increase of 61.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,220,000 | 1.0% |
Listing Count | 37 | 30.0% |
| Listings as % of Homes | 0.5% | 30.0% |
Days on Market | 52 | 61.0% |
Demographics — Snoqualmie, WA
As of the latest ACS Survey released in 2023, Snoqualmie, WA has a population of 16,100, which has increased by 3.3% over the past 5 years. Snoqualmie, WA is a popular place for families, as children make up 31.8% of the population. The area has a highly educated workforce, with 64.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,100 | 3.3% |
% Under 18 | 31.8% | -1.2% |
% Seniors | 8.1% | 2.5% |
% WFH | 27.3% | 190.4% |
% w/ College Degree | 64.1% | 0.5% |
As of the latest ACS Survey released in 2023, Snoqualmie, WA is a predominantly white area, with 75.8% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Snoqualmie, WA is asian, making up 13.1% of the population. Foreign-born residents account for 12.8% of the population in Snoqualmie, WA, and this percentage has increased by 12.3% 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 | 75.8% | -3.7% |
% Black | 0.9% | 12.5% |
% Hispanic | 3.9% | -23.5% |
% Asian | 13.1% | 22.4% |
% Foreign Born | 12.8% | 12.3% |
Mortgage and Risk — Snoqualmie, WA
According to HUD data as of 2023, there were 306 mortgage originations in Snoqualmie, WA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Snoqualmie, WA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 306 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Snoqualmie, WA
Snoqualmie, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $3,130 |
| 2 Bedroom | $960 | $2,690 | $3,650 |
| 3 Bedroom | $810 | $4,000 | $4,810 |
| 4 Bedroom | $1,710 | $3,900 | $5,610 |
Affordability — Snoqualmie, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $1,093,000 |
| Median Household Income | $182,000 |