Evergreen, Vancouver, WA—98684
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Evergreen, Vancouver, WA
As of Oct '25, the median home price in Evergreen, Vancouver, WA is $481,000, with a year-over-year change of -1.8%. This indicates that home prices in Evergreen, Vancouver, WA are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $481,000 | -1.8% |
| Single Family | $484,000 | -1.6% |
| Condos | $305,000 | -5.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $377,000 | -1.8% |
3 Bed | $454,000 | -1.9% |
4 Bed | $566,000 | -2.1% |
| 5 Bed | $710,000 | -1.7% |
% of Housing Stock
Rental Trends — Evergreen, Vancouver, WA
As of July '25, Rentcast reports the average rent in Evergreen, Vancouver, WA is $2,350, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Evergreen, Vancouver, WA is studios: $1,860, 1-bedrooms: $1,580, 2-bedrooms: $1,730, 3-bedrooms: $2,570, 4-bedrooms: $3,510. The most common rental property sizes in Evergreen, Vancouver, WA are 2-bedroom and 3-bedroom, accounting for 38.1% and 35.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,350 |
| Studio Rent | $1,300 | $1,860 |
| 1 Bed Rent | $1,610 | $1,580 |
| 2 Bed Rent | $1,700 | $1,730 |
| 3 Bed Rent | $2,400 | $2,570 |
| 4 Bed Rent | $2,450 | $3,510 |
% of Rental Stock
Property Listings — Evergreen, Vancouver, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Evergreen, Vancouver, WA is 53. This is a increase of 9.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $497,000 | -5.0% |
Listing Count | 98 | 31.0% |
| Listings as % of Homes | 0.3% | 31.0% |
Days on Market | 53 | 9.0% |
Demographics — Evergreen, Vancouver, WA
As of the latest ACS Survey released in 2023, Evergreen, Vancouver, WA has a population of 36,500, which has increased by 24.0% over the past 5 years. Evergreen, Vancouver, WA is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,500 | 24.0% |
% Under 18 | 23.2% | -6.8% |
% Seniors | 13.4% | -2.2% |
% WFH | 15.1% | 169.6% |
% w/ College Degree | 28.8% | 12.9% |
As of the latest ACS Survey released in 2023, Evergreen, Vancouver, WA is a predominantly white area, with 64.3% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Evergreen, Vancouver, WA is hispanic, making up 16.6% of the population. Foreign-born residents account for 15.8% of the population in Evergreen, Vancouver, WA, and this percentage has increased by 9.0% 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 | 64.3% | -9.9% |
% Black | 1.7% | -39.3% |
% Hispanic | 16.6% | 32.8% |
% Asian | 6.4% | -3.0% |
% Foreign Born | 15.8% | 9.0% |
Mortgage and Risk — Evergreen, Vancouver, WA
According to HUD data as of 2023, there were 235 mortgage originations in Evergreen, Vancouver, WA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Evergreen, Vancouver, WA. Investor activity is low, as 3.0% 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 | 235 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Evergreen, Vancouver, WA
As of 2024, the percent of homes in Evergreen, Vancouver, WA under the Section 8 program is 3.9%. 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. In Evergreen, Vancouver, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 247 |
Total Units Section 8 | 247 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,610 | $1,960 |
| 2 Bedroom | $540 | $1,700 | $2,240 |
| 3 Bedroom | $670 | $2,400 | $3,070 |
| 4 Bedroom | $1,160 | $2,450 | $3,610 |
Affordability — Evergreen, Vancouver, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $481,000 |
| Median Household Income | $88,000 |