Walla Walla, WA 99362 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Walla Walla, WA—99362

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$405,000

3.0% YoY Growth

Household Income

$70,700

28.8% YoY Growth

Days on Market

12.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$1,550

3.6% YoY Growth

1-Bed Rent

$1,100

8.3% YoY Growth

2-Bed Rent

$1,550

4.7% YoY Growth

3-Bed Rent

$2,000

3.0% YoY Growth

Home Price Trends — Walla Walla, WA

As of Dec '25, the median home price in Walla Walla, WA is $405,000, with a year-over-year change of 3.0%. This indicates that home prices in Walla Walla, WA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$405,000	3.0%
Single Family	$409,000	2.5%
Condos	$248,000	1.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Walla Walla, WA

As of July '25, Rentcast reports the average rent in Walla Walla, WA is $1,710, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Walla Walla, WA is studios: $2,110, 1-bedrooms: $1,170, 2-bedrooms: $1,570, 3-bedrooms: $2,060, 4-bedrooms: $2,260. The most common rental property sizes in Walla Walla, WA are 2-bedroom and 1-bedroom, accounting for 39.3% and 26.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,550	$1,710
Studio Rent	$1,180	$2,110
1 Bed Rent	$1,100	$1,170
2 Bed Rent	$1,550	$1,570
3 Bed Rent	$2,000	$2,060
4 Bed Rent	$2,200	$2,260

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% of Rental Stock

Studio

8.0%

1 Bedroom

26.2%

2 Bedrooms

39.3%

3 Bedrooms

20.6%

4 Bedrooms

4.5%

5+ Bedrooms

1.4%

Property Listings — Walla Walla, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Walla Walla, WA is 77. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$508,000	-1.0%
Listing Count	161	20.0%
Listings as % of Homes	0.5%	20.0%
Days on Market	89	12.0%

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Demographics — Walla Walla, WA

As of the latest ACS Survey released in 2023, Walla Walla, WA has a population of 42,800, which has increased by 3.2% over the past 5 years. Walla Walla, WA is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	42,800	3.2%
% Under 18	19.0%	-7.8%
% Seniors	20.4%	16.6%
% WFH	12.3%	108.5%
% w/ College Degree	30.7%	5.1%

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As of the latest ACS Survey released in 2023, Walla Walla, WA is a predominantly white area, with 69.3% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Walla Walla, WA is hispanic, making up 22.0% of the population. Foreign-born residents account for 8.9% of the population in Walla Walla, WA, and this percentage has decreased by 13.6% 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	69.3%	-2.4%
% Black	2.1%	-4.5%
% Hispanic	22.0%	2.3%
% Asian	2.1%	5.0%
% Foreign Born	8.9%	-13.6%

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Mortgage and Risk — Walla Walla, WA

According to HUD data as of 2023, there were 648 mortgage originations in Walla Walla, WA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Walla Walla, WA. Investor activity is low, as 1.0% 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	648
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Walla Walla, WA

As of 2024, the percent of homes in Walla Walla, WA under the Section 8 program is 17.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Walla Walla, WA, because HUD payments exceed market rent, while 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD	1,040
Total Units Section 8	1,003
% Rentals under Section 8	17.0%
% Occupied Section 8	92.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$70	$1,100	$1,170
2 Bedroom	-$10	$1,550	$1,540
3 Bedroom	$120	$2,000	$2,120
4 Bedroom	$390	$2,200	$2,590

Walla Walla, WA—99362

Key Metrics at a Glance

Home Price Trends — Walla Walla, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Walla Walla, WA

% of Rental Stock

Property Listings — Walla Walla, WA

Demographics — Walla Walla, WA

Race and Ethnicity

Mortgage and Risk — Walla Walla, WA

Mortgages

Rentals and Section 8 — Walla Walla, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Walla Walla, WA

Home Price to Income Ratio

Walla Walla, WA — ZIP Code Boundary Map

Nearby ZIP Codes

College Place, WA

Milton Freewater, OR

Dixie

Waitsburg, WA

Weston, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$405,000
Median Household Income	$70,700

Walla Walla, WA—99362

Key Metrics at a Glance

Home Price Trends — Walla Walla, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Walla Walla, WA

% of Rental Stock

Property Listings — Walla Walla, WA

Demographics — Walla Walla, WA

Race and Ethnicity

Mortgage and Risk — Walla Walla, WA

Mortgages

Rentals and Section 8 — Walla Walla, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Walla Walla, WA

Home Price to Income Ratio

Walla Walla, WA — ZIP Code Boundary Map

Nearby ZIP Codes

College Place, WA

Milton Freewater, OR

Dixie

Waitsburg, WA

Weston, OR

Frequently Asked Questions

What is the average home price in Walla Walla, WA 99362?

How have home prices in Walla Walla, WA 99362 changed over the past year?

What is the home price projection for Walla Walla, WA 99362?

What are the demographics of Walla Walla, WA 99362?

How long does it take homes to sell in Walla Walla, WA 99362?

What is the average rent price in Walla Walla, WA 99362?