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Yakima, WA—98908

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$422,000
1.6% YoY Growth
Household Income
$80,300
25.4% YoY Growth
Days on Market
67
1.0% Longer YoY
Home Price Forecast
0.7%
Median Rent
$1,900
7.2% YoY Growth
1-Bed Rent
$900
14.2% YoY Growth
2-Bed Rent
$1,400
46.1% YoY Growth
3-Bed Rent
$2,100
8.1% YoY Growth

Other Zip Codes in Yakima, WA

989029890398901
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Yakima, WA

As of Dec '25, the median home price in Yakima, WA is $422,000, with a year-over-year change of 1.6%. This indicates that home prices in Yakima, WA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$422,0001.6%
Single Family $430,0001.2%
Condos $291,0001.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $270,000
    4.2%
    2 Bed
    		$319,0002.6%
    3 Bed
    		$412,0001.7%
    4 Bed
    		$520,0001.2%
    5 Bed $580,6400.3%
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    % of Housing Stock

    Studio
    4.0%
    1 Bedroom
    3.7%
    2 Bedrooms
    22.7%
    3 Bedrooms
    46.0%
    4 Bedrooms
    18.8%
    5+ Bedrooms
    4.8%

    Rental Trends — Yakima, WA

    As of July '25, Rentcast reports the average rent in Yakima, WA is $1,930, with a year-over-year rent change of 7.2%. Per bedroom, the median rent as of July '25 in Yakima, WA is 1-bedrooms: $998, 2-bedrooms: $1,680, 3-bedrooms: $2,140, 4-bedrooms: $2,580. The most common rental property sizes in Yakima, WA are 2-bedroom and 3-bedroom, accounting for 41.4% and 32.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,900$1,930
    Studio Rent N/AN/A
    1 Bed Rent $900$998
    2 Bed Rent $1,400$1,680
    3 Bed Rent $2,100$2,140
    4 Bed Rent $2,500$2,580
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    % of Rental Stock

    Studio
    9.6%
    1 Bedroom
    10.7%
    2 Bedrooms
    41.4%
    3 Bedrooms
    32.7%
    4 Bedrooms
    4.3%
    5+ Bedrooms
    1.3%

    Property Listings — Yakima, WA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Yakima, WA is 57. This is a decrease of -3.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$497,0005.0%
    Listing Count
    		14223.0%
    Listings as % of Homes0.4%23.0%
    Days on Market
    		671.0%
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    Demographics — Yakima, WA

    As of the latest ACS Survey released in 2023, Yakima, WA has a population of 37,900, which has increased by 2.9% over the past 5 years. Yakima, WA is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 32.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		37,9002.9%
    % Under 18
    		24.3%11.0%
    % Seniors
    		21.0%0.0%
    % WFH
    		6.8%78.9%
    % w/ College Degree
    		32.8%12.3%
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    As of the latest ACS Survey released in 2023, Yakima, WA is a predominantly white area, with 68.3% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Yakima, WA is hispanic, making up 23.6% of the population. Foreign-born residents account for 7.0% of the population in Yakima, WA, and this percentage has decreased by 11.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		68.3%-4.6%
    % Black
    		1.1%83.3%
    % Hispanic
    		23.6%4.9%
    % Asian
    		1.8%-5.3%
    % Foreign Born
    		7.0%-11.4%
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    Mortgage and Risk — Yakima, WA

    According to HUD data as of 2023, there were 470 mortgage originations in Yakima, WA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Yakima, WA. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		470
    % Conventional Loans
    		77.0%
    % Government Loans
    		23.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		16.0%
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    Rentals and Section 8 — Yakima, WA

    As of 2024, the percent of homes in Yakima, WA under the Section 8 program is 2.9%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Yakima, WA, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		173
    Total Units Section 8
    		134
    % Rentals under Section 8
    		2.9%
    % Occupied Section 8
    		84.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$290$900$1,190
    2 Bedroom$160$1,400$1,560
    3 Bedroom$90$2,100$2,190
    4 Bedroom-$200$2,500$2,300

    Affordability — Yakima, WA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5
    Median Home Price$422,000
    Median Household Income$80,300

    Yakima, WA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions