Waller, WA98443

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$556,000
1.0% YoY Growth
Median Household Income
$117,000
44.0% 5-Year Growth
Days on Market
52
12.0% Longer than last year
Home Price Forecast
0.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Waller, WA

As of Oct '25, Realtor.com reports that the median days on market for a home in Waller, WA is 52. This is a increase of 12.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$761,00019.0%
Listing Count
1712.0%
Listings as % of Homes0.4%12.0%
Days on Market
5212.0%
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Demographics — Waller, WA

As of the latest ACS Survey released in 2023, Waller, WA has a population of 5,790, which has increased by 2.2% over the past 5 years. Waller, WA is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,7902.2%
% Under 18
19.8%-2.0%
% Seniors
18.6%-6.5%
% WFH
17.4%427.3%
% w/ College Degree
24.8%-0.8%
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As of the latest ACS Survey released in 2023, Waller, WA is a predominantly white area, with 71.3% of the population identifying as white. The white population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in Waller, WA is hispanic, making up 10.2% of the population. Foreign-born residents account for 6.7% of the population in Waller, WA, and this percentage has increased by 36.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
71.3%-13.4%
% Black
1.6%-5.9%
% Hispanic
10.2%45.7%
% Asian
5.7%83.9%
% Foreign Born
6.7%36.7%
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Mortgage and Risk — Waller, WA

According to HUD data as of 2023, there were 127 mortgage originations in Waller, WA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Waller, WA. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
127
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Waller, WA

Waller, WA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
13
Total Units Section 8
13
% Rentals under Section 8
2.8%
% Occupied Section 8
83.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,550
2 BedroomN/AN/A$1,910
3 BedroomN/AN/A$2,680
4 BedroomN/AN/A$3,060

Affordability — Waller, WA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.5
Median Home Price$556,000
Median Household Income$117,000

Waller, WA — ZIP Code Boundary Map

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Frequently Asked Questions