Washougal, WA—98671
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washougal, WA
As of Oct '25, the median home price in Washougal, WA is $629,000, with a year-over-year change of -0.2%. This indicates that home prices in Washougal, WA are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $629,000 | -0.2% |
| Single Family | $636,000 | -0.2% |
| Condos | $272,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $387,000 | -1.0% |
2 Bed | $404,000 | -0.5% |
3 Bed | $584,000 | 0.0% |
4 Bed | $733,000 | -0.5% |
| 5 Bed | $922,000 | 0.2% |
% of Housing Stock
Rental Trends — Washougal, WA
As of July '25, Rentcast reports the average rent in Washougal, WA is $2,110, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Washougal, WA is studios: $1,600, 1-bedrooms: $1,380, 2-bedrooms: $1,760, 3-bedrooms: $2,820, 4-bedrooms: $3,010. The most common rental property sizes in Washougal, WA are 2-bedroom and 3-bedroom, accounting for 58.5% and 18.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,110 |
| Studio Rent | $1,580 | $1,600 |
| 1 Bed Rent | $1,300 | $1,380 |
| 2 Bed Rent | $1,700 | $1,760 |
| 3 Bed Rent | $2,700 | $2,820 |
| 4 Bed Rent | $2,960 | $3,010 |
% of Rental Stock
Property Listings — Washougal, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Washougal, WA is 73. This is a decrease of -14.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $812,000 | -7.0% |
Listing Count | 153 | -7.0% |
| Listings as % of Homes | 1.0% | -7.0% |
Days on Market | 73 | -14.0% |
Demographics — Washougal, WA
As of the latest ACS Survey released in 2023, Washougal, WA has a population of 23,700, which has increased by 1.7% over the past 5 years. Washougal, WA is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 30.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | 1.7% |
% Under 18 | 20.5% | -15.3% |
% Seniors | 17.9% | 11.9% |
% WFH | 19.4% | 123.0% |
% w/ College Degree | 30.3% | -3.5% |
As of the latest ACS Survey released in 2023, Washougal, WA is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Washougal, WA is hispanic, making up 9.8% of the population. Foreign-born residents account for 4.4% of the population in Washougal, WA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.3% | -6.7% |
% Black | 0.5% | -61.5% |
% Hispanic | 9.8% | 133.3% |
% Asian | 2.0% | -23.1% |
% Foreign Born | 4.4% | 0.0% |
Mortgage and Risk — Washougal, WA
According to HUD data as of 2023, there were 540 mortgage originations in Washougal, WA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Washougal, WA. Investor activity is low, as 1.0% 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 | 540 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Washougal, WA
As of 2024, the percent of homes in Washougal, WA under the Section 8 program is 5.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Washougal, WA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 102 |
Total Units Section 8 | 102 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 78.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,300 | $1,610 |
| 2 Bedroom | $140 | $1,700 | $1,840 |
| 3 Bedroom | -$170 | $2,700 | $2,530 |
| 4 Bedroom | $0 | $2,960 | $2,960 |
Affordability — Washougal, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $629,000 |
| Median Household Income | $104,000 |