Rock Island, WA—98850
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rock Island, WA
As of Oct '25, the median home price in Rock Island, WA is $432,000, with a year-over-year change of 2.0%. This indicates that home prices in Rock Island, WA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $432,000 | 2.0% |
| Single Family | $432,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $436,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rock Island, WA
As of July '25, Rentcast reports the average rent in Rock Island, WA is $2,350, with a year-over-year rent change of 2.2%. Per bedroom, the median rent as of July '25 in Rock Island, WA is 3-bedrooms: $2,350. The most common rental property sizes in Rock Island, WA are 2-bedroom and 3-bedroom, accounting for 45.7% and 41.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,200 | $2,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rock Island, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rock Island, WA is 49. This is a decrease of -41.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $482,000 | -35.0% |
Listing Count | 9 | 65.0% |
| Listings as % of Homes | 0.6% | 65.0% |
Days on Market | 49 | -41.0% |
Demographics — Rock Island, WA
As of the latest ACS Survey released in 2023, Rock Island, WA has a population of 1,820, which has decreased by -3.0% over the past 5 years. Rock Island, WA is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 6.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,820 | -3.0% |
% Under 18 | 26.0% | -3.0% |
% Seniors | 14.5% | -15.2% |
% WFH | 4.4% | 1,366.7% |
% w/ College Degree | 6.4% | 18.5% |
As of the latest ACS Survey released in 2023, Rock Island, WA is a predominantly white area, with 56.2% of the population identifying as white. The white population has grown by 33.5% in the last 5 years. The second most common race or ethnicity in Rock Island, WA is hispanic, making up 39.1% of the population. Foreign-born residents account for 16.2% of the population in Rock Island, WA, and this percentage has decreased by 33.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.2% | 33.5% |
% Black | 1.6% | 1,500.0% |
% Hispanic | 39.1% | -29.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 16.2% | -33.1% |
Mortgage and Risk — Rock Island, WA
Rock Island, 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 |
Loan Activity
No data available
Rentals and Section 8 — Rock Island, WA
Rock Island, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,150 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | -$170 | $2,200 | $2,030 |
| 4 Bedroom | N/A | N/A | $2,400 |
Affordability — Rock Island, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $432,000 |
| Median Household Income | $76,200 |