What is the average home price in Medical Lake, WA 99022?

As of May '26, the median home price in Medical Lake, WA 99022 is $438,000, based on Zillow home estimates.

How have home prices in Medical Lake, WA 99022 changed over the past year?

As of May '26, home prices have increased 1.7% over the past year, according to Zillow home estimates data.

What is the home price projection for Medical Lake, WA 99022?

As of May '26, Zillow projects home prices in Medical Lake, WA 99022 to decrease 0.5% in the next year.

What are the demographics of Medical Lake, WA 99022?

According to the latest Census, the demographics of Medical Lake, WA 99022 are 87.5% White, 2.2% Black, 0.9% Asian, 6.9% Hispanic. The population is 9,400, with 19.5% under 18 years old.

How long does it take homes to sell in Medical Lake, WA 99022?

According to Realtor.com, as of May '26, the median home in Medical Lake, WA 99022 is on the market for 35 days. This is a decrease of 9.0% from last year.

What is the average rent price in Medical Lake, WA 99022?

The average rent price in Medical Lake, WA 99022, as of the latest data, is $1,690. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is $1,440, $2,020, and $2,280 respectively.

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Medical Lake, WA—99022

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$438,000

1.7% YoY Growth

Household Income

$90,800

42.8% YoY Growth

Days on Market

9.0% Shorter YoY

Home Price Forecast

-0.5%

Median Rent

$1,950

12.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,000

18.0% YoY Growth

3-Bed Rent

$2,000

4.7% YoY Growth

Home Price Trends — Medical Lake, WA

As of May '26, the median home price in Medical Lake, WA is $438,000, with a year-over-year change of 1.7%. This indicates that home prices in Medical Lake, WA are increasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$438,000	1.7%
Single Family	$438,000	1.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$515,000	-34.0%
Listing Count	49	27.0%
Listings as % of Homes	0.8%	27.0%
Days on Market	35	-9.0%

Metric	Latest Census	YoY % Change
Population	9,400	10.7%
% Under 18	19.5%	-4.9%
% Seniors	14.6%	-8.2%
% WFH	11.5%	271.0%
% w/ College Degree	31.4%	16.7%

Metric	Zip Code Average
Total Loan Originations	194
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	18.0%

Total Units under HUD	8
Total Units Section 8	8
% Rentals under Section 8	1.0%
% Occupied Section 8	N/A

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$920
2 Bedroom	$180	$1,000	$1,180
3 Bedroom	-$340	$2,000	$1,660
4 Bedroom	-$280	$2,200	$1,920

Medical Lake, WA—99022

Key Metrics at a Glance

Home Price Trends — Medical Lake, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Medical Lake, WA

% of Rental Stock

Property Listings — Medical Lake, WA

Demographics — Medical Lake, WA

Race and Ethnicity

Mortgage and Risk — Medical Lake, WA

Mortgages

Rentals and Section 8 — Medical Lake, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Medical Lake, WA

Home Price to Income Ratio

Medical Lake, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Fairchild Air Force Base, WA

Airway Heights, WA

Reardan, WA

Latah Valley, Spokane, WA

Cheney, WA

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$1,950	$1,690
Studio Rent	$600	$600
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,000	$1,440
3 Bed Rent	$2,000	$2,020
4 Bed Rent	$2,200	$2,280

Metric	Latest Census	5-Year % Change
% White	87.5%	3.4%
% Black	2.2%	450.0%
% Hispanic	6.9%	91.7%
% Asian	0.9%	-73.5%
% Foreign Born	4.6%	-50.0%

Metric	Zip Code Average
Home Price to Income Ratio	4.7
Median Home Price	$438,000
Median Household Income	$90,800