Jefferson County, Washington Housing Market
In Jefferson County, Washington, the median home value is $535,000, with a median monthly rent of $1,522. This places Jefferson County at #111 nationally out of 3134 counties by median home value, and #8 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: $1,021
- Establishments: 1,011
- BLS QCEW, 2025
Housing Supply
- Single-family: 199
- Multi-family: 19
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,273 (avg $103,309)
- Outflow: 14,950 (avg $101,201)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Jefferson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 98325 | 330.1 | -1.08% | 2025 |
| 2 | 98320 | 271.6 | -6.11% | 2024 |
| 3 | 98339 | 358.7 | -0.48% | 2025 |
| 4 | 98368 | 381.6 | -0.86% | 2025 |
| 5 | 98365 | 284.0 | +3.36% | 2025 |
| 6 | 98358 | 273.2 | +14.14% | 2022 |
| 7 | 98376 | 238.2 | +13.13% | 2021 |
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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Jefferson County Compares
| Metric | Jefferson County | Washington Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $535,000 | $436,312 | $227,706 |
| Median Gross Rent | $1,522 | $1,251 | $968 |
| Owner Occupancy Rate | 79.0% | 71.3% | 73.3% |
| Price/Rent Ratio | 29.3 | 29.2 | 18.7 |
Market Analysis
The median home value in Jefferson County is 22.6% above the Washington state average and 135.0% above the U.S. national average. The median rent of $1,522/month is 21.7% above the state average.
With a price-to-rent ratio of 29.3, Jefferson County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Jefferson County has an owner-occupancy rate of 79.0%, compared to 71.3% in Washington and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Flathead County | Montana | $535,500 | $1,142 |
| Sacramento County | California | $534,200 | $1,790 |
| Park County | Colorado | $532,100 | $2,161 |
| Grand County | Utah | $538,700 | $1,118 |
| Utah County | Utah | $538,700 | $1,541 |
Other Counties in Washington
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Skamania County | $529,500 | $1,068 | 80.0% |
| Pierce County | $526,600 | $1,806 | 64.7% |
| Skagit County | $545,100 | $1,536 | 70.1% |
| Clark County | $522,900 | $1,748 | 66.4% |
| Kitsap County | $555,100 | $1,822 | 70.1% |
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).