Clark County, Washington Housing Market

In Clark County, Washington, the median home value is $522,900, with a median monthly rent of $1,748. This places Clark County at #124 nationally out of 3134 counties by median home value, and #11 within Washington.

Median Home Value $522,900
Median Rent $1,748/mo
Owner Occupancy 66.4%
Price/Rent Ratio 24.9

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Clark County rose +2.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

154,948
jobs (private sector)
  • Avg weekly wage: $1,426
  • Establishments: 15,688
  • BLS QCEW, 2025
🏗️

Housing Supply

3,250
new units authorized (2025)
  • Single-family: 2,190
  • Multi-family: 1,060
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+9004
net migration (filers, 2021-2022)
  • Inflow: 216,803 (avg $109,791)
  • Outflow: 207,799 (avg $109,265)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Clark County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 98601 278.4 -10.34% 2025
2 98629 300.6 +0.80% 2025
3 98674 316.1 +7.86% 2025
4 98675 333.0 +7.50% 2025
5 98607 335.0 -2.69% 2025
6 98671 333.8 +2.65% 2025
7 98642 318.3 +3.13% 2025
8 98665 321.8 +1.18% 2025
9 98663 359.5 +3.87% 2025
10 98660 398.5 +3.88% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Clark County Compares

MetricClark CountyWashington AverageU.S. Average
Median Home Value $522,900 $436,312 $227,706
Median Gross Rent $1,748 $1,251 $968
Owner Occupancy Rate 66.4% 71.3% 73.3%
Price/Rent Ratio 24.9 29.2 18.7

Market Analysis

The median home value in Clark County is 19.8% above the Washington state average and 129.6% above the U.S. national average. The median rent of $1,748/month is 39.7% above the state average.

With a price-to-rent ratio of 24.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Clark County has an owner-occupancy rate of 66.4%, compared to 71.3% in Washington and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Travis County Texas $523,000 $1,744
Essex County New Jersey $524,100 $1,531
Salt Lake County Utah $525,700 $1,592
Hawaii County Hawaii $519,300 $1,510
Pierce County Washington $526,600 $1,806

Other Counties in Washington

CountyMedian Home ValueMedian RentOwner Occ.
Pierce County $526,600 $1,806 64.7%
Skamania County $529,500 $1,068 80.0%
Jefferson County $535,000 $1,522 79.0%
Skagit County $545,100 $1,536 70.1%
Kittitas County $497,400 $1,341 61.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).