Waitsburg, WA—99361
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waitsburg, WA
As of Nov '25, the median home price in Waitsburg, WA is $364,000, with a year-over-year change of 5.2%. This indicates that home prices in Waitsburg, WA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $364,000 | 5.2% |
| Single Family | $364,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $272,000 | 5.4% |
3 Bed | $387,000 | 4.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waitsburg, WA
As of July '25, Rentcast reports the average rent in Waitsburg, WA is $650, with a year-over-year rent change of -18.8%. Per bedroom, the median rent as of July '25 in Waitsburg, WA is studios: $650. The most common rental property sizes in Waitsburg, WA are 2-bedroom and 3-bedroom, accounting for 47.0% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $650 |
| Studio Rent | $650 | $650 |
| 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 — Waitsburg, WA
As of Nov '25, Realtor.com reports that the median days on market for a home in Waitsburg, WA is 158. This is a increase of 19.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $456,000 | 18.0% |
Listing Count | 11 | 19.0% |
| Listings as % of Homes | 0.1% | 19.0% |
Days on Market | 158 | 19.0% |
Demographics — Waitsburg, WA
As of the latest ACS Survey released in 2023, Waitsburg, WA has a population of 1,800, which has increased by 1.1% over the past 5 years. Waitsburg, WA is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,800 | 1.1% |
% Under 18 | 17.8% | -1.7% |
% Seniors | 18.2% | -10.3% |
% WFH | 7.9% | 54.9% |
% w/ College Degree | 23.5% | 0.4% |
As of the latest ACS Survey released in 2023, Waitsburg, WA is a predominantly white area, with 80.0% of the population identifying as white. The white population has shrunk by 12.8% in the last 5 years. The second most common race or ethnicity in Waitsburg, WA is hispanic, making up 12.6% of the population. Foreign-born residents account for 3.4% of the population in Waitsburg, WA, and this percentage has increased by 161.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.0% | -12.8% |
% Black | 4.6% | 1,050.0% |
% Hispanic | 12.6% | 186.4% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 3.4% | 161.5% |
Mortgage and Risk — Waitsburg, WA
According to HUD data as of 2023, there were 81 mortgage originations in Waitsburg, WA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Waitsburg, WA. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 81 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 19.0% |
Rentals and Section 8 — Waitsburg, WA
Waitsburg, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,050 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | N/A | N/A | $1,900 |
| 4 Bedroom | N/A | N/A | $2,310 |
Affordability — Waitsburg, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $364,000 |
| Median Household Income | $91,700 |