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  1. Home
  2. /Browse ZIP Codes
  3. /Washington
  4. /Otis Orchards-East Farms, WA - 99027

Otis Orchards-East Farms, WA—99027

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$509,000
1.1% YoY Growth
Household Income
$70,800
6.3% YoY Growth
Days on Market
42
26.0% Shorter YoY
Home Price Forecast
-0.5%
Median Rent
$1,800
8.6% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,400
0.0% YoY Growth
3-Bed Rent
$2,600
4.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Otis Orchards-East Farms, WA

As of May '26, the median home price in Otis Orchards-East Farms, WA is $509,000, with a year-over-year change of 1.1%. This indicates that home prices in Otis Orchards-East Farms, 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 TypeMedian Home ValueYoY % Change
All Homes
$509,0001.1%
Single Family $509,0001.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$435,0002.1%
    3 Bed
    		$488,0001.0%
    4 Bed
    		$547,0000.7%
    5 Bed $688,7300.0%
    Loading chart...

    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    4.1%
    2 Bedrooms
    26.7%
    3 Bedrooms
    38.7%
    4 Bedrooms
    22.2%
    5+ Bedrooms
    5.9%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,800$2,030
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,400$1,500
    3 Bed Rent $2,600$2,400
    4 Bed Rent $2,000$2,000
    Loading chart...

    % of Rental Stock

    2 Bedrooms
    69.9%
    3 Bedrooms
    19.7%
    4 Bedrooms
    10.4%

    Property Listings — Otis Orchards-East Farms, WA

    As of May '26, Realtor.com reports that the median days on market for a home in Otis Orchards-East Farms, WA is 42. This is a decrease of -26.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$690,000-9.0%
    Listing Count
    		255.0%
    Listings as % of Homes0.3%5.0%
    Days on Market
    		42-26.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    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

    MetricZip 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%
    Loading chart...
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/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

    MetricZip Code Average
    Home Price to Income Ratio7
    Median Home Price$509,000
    Median Household Income$70,800

    Otis Orchards-East Farms, WA — ZIP Code Boundary Map

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    Frequently Asked Questions