Minkler, WA—98284
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minkler, WA
As of Nov '25, the median home price in Minkler, WA is $515,000, with a year-over-year change of 1.1%. This indicates that home prices in Minkler, WA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $515,000 | 1.1% |
| Single Family | $517,000 | 1.0% |
| Condos | $375,000 | 2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $402,000 | 1.0% |
2 Bed | $429,000 | 0.5% |
3 Bed | $533,000 | 0.9% |
4 Bed | $601,000 | 1.2% |
| 5 Bed | $724,307 | 1.2% |
% of Housing Stock
Rental Trends — Minkler, WA
As of July '25, Rentcast reports the average rent in Minkler, WA is $2,190, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Minkler, WA is studios: $1,560, 1-bedrooms: $1,410, 2-bedrooms: $2,120, 3-bedrooms: $2,330, 4-bedrooms: $4,580. The most common rental property sizes in Minkler, WA are 2-bedroom and 3-bedroom, accounting for 39.5% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,190 |
| Studio Rent | $1,520 | $1,560 |
| 1 Bed Rent | $1,420 | $1,410 |
| 2 Bed Rent | $1,950 | $2,120 |
| 3 Bed Rent | $1,980 | $2,330 |
| 4 Bed Rent | $4,580 | $4,580 |
% of Rental Stock
Property Listings — Minkler, WA
As of Nov '25, Realtor.com reports that the median days on market for a home in Minkler, WA is 75. This is a decrease of -4.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $614,000 | -3.0% |
Listing Count | 68 | 1.0% |
| Listings as % of Homes | 0.5% | 1.0% |
Days on Market | 75 | -4.0% |
Demographics — Minkler, WA
As of the latest ACS Survey released in 2023, Minkler, WA has a population of 27,000, which has remained stable by 0.0% over the past 5 years. Minkler, WA is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,000 | 0.0% |
% Under 18 | 21.2% | -8.2% |
% Seniors | 16.9% | 15.8% |
% WFH | 7.9% | 36.2% |
% w/ College Degree | 20.2% | 16.1% |
As of the latest ACS Survey released in 2023, Minkler, WA is a predominantly white area, with 76.1% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Minkler, WA is hispanic, making up 14.4% of the population. Foreign-born residents account for 5.4% of the population in Minkler, WA, and this percentage has increased by 31.7% 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 | 76.1% | -9.6% |
% Black | 0.7% | -36.4% |
% Hispanic | 14.4% | 45.5% |
% Asian | 1.9% | 533.3% |
% Foreign Born | 5.4% | 31.7% |
Mortgage and Risk — Minkler, WA
According to HUD data as of 2023, there were 560 mortgage originations in Minkler, WA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Minkler, WA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 560 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Minkler, WA
As of 2024, the percent of homes in Minkler, WA under the Section 8 program is 2.2%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Minkler, WA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 150 |
Total Units Section 8 | 70 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,420 | $1,370 |
| 2 Bedroom | -$170 | $1,950 | $1,780 |
| 3 Bedroom | $510 | $1,980 | $2,490 |
| 4 Bedroom | -$1,850 | $4,580 | $2,730 |
Affordability — Minkler, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $515,000 |
| Median Household Income | $82,100 |