Ritzville, WA—99169
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ritzville, WA
As of Oct '25, the median home price in Ritzville, WA is $239,000, with a year-over-year change of 1.1%. This indicates that home prices in Ritzville, WA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $239,000 | 1.2% |
| Single Family | $239,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | -1.1% |
3 Bed | $248,000 | 0.0% |
4 Bed | $273,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ritzville, WA
Ritzville, WA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ritzville, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ritzville, WA is 74. This is a decrease of -20.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | -5.0% |
Listing Count | 24 | -3.0% |
| Listings as % of Homes | 1.0% | -3.0% |
Days on Market | 74 | -20.0% |
Demographics — Ritzville, WA
As of the latest ACS Survey released in 2023, Ritzville, WA has a population of 2,640, which has increased by 8.6% over the past 5 years. Ritzville, WA is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 23.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,640 | 8.6% |
% Under 18 | 26.5% | 35.9% |
% Seniors | 21.3% | 9.8% |
% WFH | 8.3% | 15.3% |
% w/ College Degree | 23.0% | -12.5% |
As of the latest ACS Survey released in 2023, Ritzville, WA is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Ritzville, WA is hispanic, making up 10.0% of the population. Foreign-born residents account for 3.3% of the population in Ritzville, WA, and this percentage has decreased by 44.1% 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 | 77.3% | -12.6% |
% Black | 1.4% | ∞% |
% Hispanic | 10.0% | 78.6% |
% Asian | 1.9% | 18.8% |
% Foreign Born | 3.3% | -44.1% |
Mortgage and Risk — Ritzville, WA
According to HUD data as of 2023, there were 51 mortgage originations in Ritzville, WA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Ritzville, WA. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ritzville, WA
Ritzville, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Ritzville, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $239,000 |
| Median Household Income | $66,200 |