Grant County, Washington Housing Market
In Grant County, Washington, the median home value is $299,500, with a median monthly rent of $1,116. This places Grant County at #626 nationally out of 3134 counties by median home value, and #34 within Washington.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,197
- Establishments: 2,589
- BLS QCEW, 2025
Housing Supply
- Single-family: 374
- Multi-family: 57
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 39,717 (avg $69,422)
- Outflow: 38,106 (avg $69,065)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Grant County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 98851 | 286.8 | -8.35% | 2025 |
| 2 | 98837 | 310.3 | +1.54% | 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.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Grant County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Grant County →How Grant County Compares
| Metric | Grant County | Washington Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $299,500 | $436,312 | $227,706 |
| Median Gross Rent | $1,116 | $1,251 | $968 |
| Owner Occupancy Rate | 66.3% | 71.3% | 73.3% |
| Price/Rent Ratio | 22.4 | 29.2 | 18.7 |
Market Analysis
The median home value in Grant County is 31.4% below the Washington state average and 31.5% above the U.S. national average. The median rent of $1,116/month is 10.8% below the state average.
With a price-to-rent ratio of 22.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Grant County has an owner-occupancy rate of 66.3%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Woodford County | Kentucky | $299,700 | $1,138 |
| Madison County | Alabama | $299,200 | $1,209 |
| Okanogan County | Washington | $299,800 | $887 |
| Harrisonburg city | Virginia | $299,100 | $1,184 |
| Pender County | North Carolina | $299,000 | $1,106 |
Other Counties in Washington
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Okanogan County | $299,800 | $887 | 72.4% |
| Lincoln County | $292,800 | $883 | 80.4% |
| Yakima County | $310,100 | $1,109 | 61.8% |
| Grays Harbor County | $314,000 | $1,062 | 73.2% |
| Ferry County | $283,400 | $663 | 78.1% |
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).