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  5. /Hazel Dell, Vancouver, WA - 98665

Hazel Dell, Vancouver, WA—98665

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$501,000
0.1% YoY Growth
Household Income
$83,800
33.9% YoY Growth
Days on Market
30
5.0% Longer YoY
Home Price Forecast
-1.1%
Median Rent
$1,660
3.7% YoY Growth
1-Bed Rent
$1,350
22.2% YoY Growth
2-Bed Rent
$1,600
9.9% YoY Growth
3-Bed Rent
$2,300
6.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hazel Dell, Vancouver, WA

As of May '26, the median home price in Hazel Dell, Vancouver, WA is $501,000, with a year-over-year change of 0.1%. This indicates that home prices in Hazel Dell, Vancouver, WA are flat. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$501,0000.1%
Single Family $507,0000.0%
Condos $237,000-2.5%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$309,000-2.8%
    3 Bed
    		$482,0000.2%
    4 Bed
    		$565,0000.0%
    5 Bed $639,411-0.3%
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    8.6%
    2 Bedrooms
    25.0%
    3 Bedrooms
    46.3%
    4 Bedrooms
    17.4%
    5+ Bedrooms
    1.8%

    Rental Trends — Hazel Dell, Vancouver, WA

    As of July '25, Rentcast reports the average rent in Hazel Dell, Vancouver, WA is $1,830, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Hazel Dell, Vancouver, WA is studios: $950, 1-bedrooms: $1,430, 2-bedrooms: $1,670, 3-bedrooms: $2,280, 4-bedrooms: $2,840. The most common rental property sizes in Hazel Dell, Vancouver, WA are 2-bedroom and 3-bedroom, accounting for 44.2% and 28.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,660$1,830
    Studio Rent $950$950
    1 Bed Rent $1,350$1,430
    2 Bed Rent $1,600$1,670
    3 Bed Rent $2,300$2,280
    4 Bed Rent $3,000$2,840
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    % of Rental Stock

    Studio
    2.5%
    1 Bedroom
    17.7%
    2 Bedrooms
    44.2%
    3 Bedrooms
    28.5%
    4 Bedrooms
    6.4%
    5+ Bedrooms
    0.6%

    Property Listings — Hazel Dell, Vancouver, WA

    As of May '26, Realtor.com reports that the median days on market for a home in Hazel Dell, Vancouver, WA is 30. This is a increase of 5.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$525,000-1.0%
    Listing Count
    		10341.0%
    Listings as % of Homes0.4%41.0%
    Days on Market
    		305.0%
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    Demographics — Hazel Dell, Vancouver, WA

    As of the latest ACS Survey released in 2023, Hazel Dell, Vancouver, WA has a population of 28,200, which has increased by 6.4% over the past 5 years. Hazel Dell, Vancouver, WA is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		28,2006.4%
    % Under 18
    		21.1%-6.2%
    % Seniors
    		16.2%5.9%
    % WFH
    		16.7%116.9%
    % w/ College Degree
    		28.9%7.8%
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    As of the latest ACS Survey released in 2023, Hazel Dell, Vancouver, WA is a predominantly white area, with 70.3% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Hazel Dell, Vancouver, WA is hispanic, making up 14.1% of the population. Foreign-born residents account for 11.8% of the population in Hazel Dell, Vancouver, WA, and this percentage has increased by 15.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		70.3%-7.4%
    % Black
    		3.5%59.1%
    % Hispanic
    		14.1%-2.8%
    % Asian
    		4.7%62.1%
    % Foreign Born
    		11.8%15.7%
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    Mortgage and Risk — Hazel Dell, Vancouver, WA

    According to HUD data as of 2023, there were 542 mortgage originations in Hazel Dell, Vancouver, WA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Hazel Dell, Vancouver, WA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		542
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Hazel Dell, Vancouver, WA

    As of 2024, the percent of homes in Hazel Dell, Vancouver, WA under the Section 8 program is 5.1%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hazel Dell, Vancouver, WA, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		336
    Total Units Section 8
    		278
    % Rentals under Section 8
    		5.1%
    % Occupied Section 8
    		66.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$250$1,350$1,600
    2 Bedroom$230$1,600$1,830
    3 Bedroom$230$2,300$2,530
    4 Bedroom-$70$3,000$2,930

    Affordability — Hazel Dell, Vancouver, WA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.7
    Median Home Price$501,000
    Median Household Income$83,800

    Hazel Dell, Vancouver, WA — ZIP Code Boundary Map

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    Frequently Asked Questions