Otis Orchards-East Farms, WA—99027
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Otis Orchards-East Farms, WA
As of Nov '25, the median home price in Otis Orchards-East Farms, WA is $483,000, with a year-over-year change of 1.2%. This indicates that home prices in Otis Orchards-East Farms, WA are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $483,000 | 1.2% |
| Single Family | $484,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $412,000 | 2.7% |
3 Bed | $467,000 | 1.1% |
4 Bed | $522,000 | 1.0% |
| 5 Bed | $663,230 | 0.5% |
% of Housing Stock
Rental Trends — Otis Orchards-East Farms, WA
As of July '25, Rentcast reports the average rent in Otis Orchards-East Farms, WA is $2,030, with a year-over-year rent change of -8.6%. Per bedroom, the median rent as of July '25 in Otis Orchards-East Farms, WA is 2-bedrooms: $1,500, 3-bedrooms: $2,400, 4-bedrooms: $2,000. The most common rental property sizes in Otis Orchards-East Farms, WA are 2-bedroom and 3-bedroom, accounting for 69.9% and 19.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,500 |
| 3 Bed Rent | $2,600 | $2,400 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Otis Orchards-East Farms, WA
As of Nov '25, Realtor.com reports that the median days on market for a home in Otis Orchards-East Farms, WA is 73. This is a increase of 56.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $735,000 | 28.0% |
Listing Count | 24 | -15.0% |
| Listings as % of Homes | 0.3% | -15.0% |
Days on Market | 73 | 56.0% |
Demographics — Otis Orchards-East Farms, WA
As of the latest ACS Survey released in 2023, Otis Orchards-East Farms, WA has a population of 5,880, which has decreased by -8.3% over the past 5 years. Otis Orchards-East Farms, WA is a less popular place for families, as children make up 14.4% of the population. The area has a poorly educated workforce, with 22.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,880 | -8.3% |
% Under 18 | 14.4% | -38.5% |
% Seniors | 31.1% | 75.7% |
% WFH | 12.2% | 87.7% |
% w/ College Degree | 22.1% | -8.7% |
As of the latest ACS Survey released in 2023, Otis Orchards-East Farms, WA is a predominantly white area, with 93.1% of the population identifying as white. The white population has grown by 2.5% in the last 5 years. The second most common race or ethnicity in Otis Orchards-East Farms, WA is hispanic, making up 2.7% of the population. Foreign-born residents account for 1.8% of the population in Otis Orchards-East Farms, WA, and this percentage has decreased by 55.0% 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 | 93.1% | 2.5% |
% Black | 0.0% | N/A |
% Hispanic | 2.7% | -55.7% |
% Asian | 0.5% | ∞% |
% Foreign Born | 1.8% | -55.0% |
Mortgage and Risk — Otis Orchards-East Farms, WA
According to HUD data as of 2023, there were 210 mortgage originations in Otis Orchards-East Farms, WA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Otis Orchards-East Farms, WA. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 210 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Rentals and Section 8 — Otis Orchards-East Farms, WA
Otis Orchards-East Farms, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,350 |
| 2 Bedroom | $340 | $1,400 | $1,740 |
| 3 Bedroom | -$190 | $2,600 | $2,410 |
| 4 Bedroom | $820 | $2,000 | $2,820 |
Affordability — Otis Orchards-East Farms, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $483,000 |
| Median Household Income | $70,800 |