Shelton, WA 98592 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Shelton, WA—98592

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$517,000

0.9% YoY Growth

Household Income

$111,000

70.2% YoY Growth

Days on Market

11.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$2,750

150.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,750

N/A

Other Zip Codes in Shelton, WA

98584

Home Price Trends — Shelton, WA

As of Nov '25, the median home price in Shelton, WA is $517,000, with a year-over-year change of 0.9%. This indicates that home prices in Shelton, WA are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$517,000	0.9%
Single Family	$540,000	0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Shelton, WA

As of July '25, Rentcast reports the average rent in Shelton, WA is $2,750, with a year-over-year rent change of 150.0%. Per bedroom, the median rent as of July '25 in Shelton, WA is 3-bedrooms: $2,750. The most common rental property sizes in Shelton, WA are 3-bedroom and 2-bedroom, accounting for 85.6% and 14.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,750	$2,750
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,750	$2,750
4 Bed Rent	N/A	N/A

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% of Rental Stock

2 Bedrooms

14.4%

3 Bedrooms

85.6%

Property Listings — Shelton, WA

As of Nov '25, Realtor.com reports that the median days on market for a home in Shelton, WA is 93. This is a increase of 11.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$569,000	7.0%
Listing Count	25	30.0%
Listings as % of Homes	1.3%	30.0%
Days on Market	93	11.0%

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Demographics — Shelton, WA

As of the latest ACS Survey released in 2023, Shelton, WA has a population of 1,670, which has increased by 6.1% over the past 5 years. Shelton, WA is a less popular place for families, as children make up 7.4% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,670	6.1%
% Under 18	7.4%	-32.7%
% Seniors	37.6%	-29.3%
% WFH	29.2%	129.9%
% w/ College Degree	45.9%	52.5%

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As of the latest ACS Survey released in 2023, Shelton, WA is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Shelton, WA is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.4% of the population in Shelton, WA, and this percentage has increased by Inf% 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	92.8%	-2.0%
% Black	0.0%	N/A
% Hispanic	1.6%	∞%
% Asian	0.7%	∞%
% Foreign Born	1.4%	∞%

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Mortgage and Risk — Shelton, WA

Shelton, WA lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Shelton, WA

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

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$950
2 Bedroom	N/A	N/A	$1,250
3 Bedroom	-$1,010	$2,750	$1,740
4 Bedroom	N/A	N/A	$1,900

Shelton, WA—98592

Key Metrics at a Glance

Other Zip Codes in Shelton, WA

Home Price Trends — Shelton, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shelton, WA

% of Rental Stock

Property Listings — Shelton, WA

Demographics — Shelton, WA

Race and Ethnicity

Mortgage and Risk — Shelton, WA

Mortgages

Rentals and Section 8 — Shelton, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Shelton, WA

Home Price to Income Ratio

Shelton, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Shelton, WA

Tahuya, WA

Grapeview, WA

Belfair, WA

Lilliwaup, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$517,000
Median Household Income	$111,000

Shelton, WA—98592

Key Metrics at a Glance

Other Zip Codes in Shelton, WA

Home Price Trends — Shelton, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shelton, WA

% of Rental Stock

Property Listings — Shelton, WA

Demographics — Shelton, WA

Race and Ethnicity

Mortgage and Risk — Shelton, WA

Mortgages

Rentals and Section 8 — Shelton, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Shelton, WA

Home Price to Income Ratio

Shelton, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Shelton, WA

Tahuya, WA

Grapeview, WA

Belfair, WA

Lilliwaup, WA

Frequently Asked Questions

What is the average home price in Shelton, WA 98592?

How have home prices in Shelton, WA 98592 changed over the past year?

What is the home price projection for Shelton, WA 98592?

What are the demographics of Shelton, WA 98592?

How long does it take homes to sell in Shelton, WA 98592?

What is the average rent price in Shelton, WA 98592?