Mason County, Washington Housing Market

In Mason County, Washington, the median home value is $411,800, with a median monthly rent of $1,285. This places Mason County at #264 nationally out of 3134 counties by median home value, and #18 within Washington.

Median Home Value $411,800
Median Rent $1,285/mo
Owner Occupancy 82.3%
Price/Rent Ratio 26.7

📈 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 Mason County rose +4.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,284
jobs (private sector)
  • Avg weekly wage: $969
  • Establishments: 1,166
  • BLS QCEW, 2025
🏗️

Housing Supply

204
new units authorized (2025)
  • Single-family: 200
  • Multi-family: 4
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1679
net migration (filers, 2021-2022)
  • Inflow: 27,283 (avg $79,338)
  • Outflow: 25,604 (avg $78,202)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Mason County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 98548 452.8 +48.19% 2025
2 98588 451.7 +0.33% 2025
3 98592 352.5 -2.57% 2025
4 98546 381.4 +10.21% 2025
5 98584 345.2 +3.93% 2025
6 98524 379.7 -1.38% 2025
7 98502 332.4 +1.78% 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 Mason County Compares

MetricMason CountyWashington AverageU.S. Average
Median Home Value $411,800 $436,312 $227,706
Median Gross Rent $1,285 $1,251 $968
Owner Occupancy Rate 82.3% 71.3% 73.3%
Price/Rent Ratio 26.7 29.2 18.7

Market Analysis

The median home value in Mason County is 5.6% below the Washington state average and 80.8% above the U.S. national average. The median rent of $1,285/month is 2.7% above the state average.

With a price-to-rent ratio of 26.7, Mason 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.

Mason County has an owner-occupancy rate of 82.3%, 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

CountyStateMedian Home ValueMedian Rent
Sarasota County Florida $411,800 $1,818
Wayne County Utah $411,800 $884
Kodiak Island Borough Alaska $412,300 $1,765
Yuba County California $412,300 $1,311
Kane County Utah $410,900 $1,072

Other Counties in Washington

CountyMedian Home ValueMedian RentOwner Occ.
Spokane County $410,700 $1,283 64.5%
Walla Walla County $408,900 $1,218 65.0%
Benton County $407,800 $1,306 67.6%
Clallam County $421,800 $1,152 73.7%
Klickitat County $425,300 $1,105 76.7%

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).