Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$576,374+0.7% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$124,946About 1.4× the local median income ($89,774): a stretch for a typical household
Days on market65 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+0.7%Zillow expects prices to rise slightly
The typical home in Skagit County, WA is worth $576,374, up 0.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $508,852, so the area is 13.3% overvalued. It is a buyer's market: homes take about 65 days to sell, listings are up 28% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 0.7% over the next year. A household needs about $124,946 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,774. Typical rent is $2,185 a month, or $2,754 for a house. In the latest IRS figures, 299 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$576,374
Change in 1 year
+0.7%
Overvalued %
+13.3%
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Fair home value
$508,852
Change in 5 years
+13.4%
Zillow forecast, next 12 months
+0.7%
Home value to income
6.4×
Monthly mortgage payment (20% down)
$3,124
Income needed to afford it
$124,946
Property tax rate
0.79%
Rent and investing
Typical rent
$2,185
Typical rent for houses
$2,754
Price-to-rent ratio
22.0×
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HUD Fair Market Rent, 2 bedrooms
$1,668
Gross rental yield
4.55%
Cap rate (estimate)
2.96%
Market activity
Listings vs a year ago
+27.6%
Days on market
65
Listings with a price cut
20.2%
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Homes for sale
486
Pending sales per 100 listings
29
Asking price per sq ft
$366
People and jobs
Median household income
$89,774
Population change (1 year)
+0.5%
Unemployment rate
4.9%
Show 4 more
Population
132,975
Income adjusted for cost of living
$87,670
Net moves in (IRS)
+299
Cost of living (US = 100)
102.4
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
88.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
91.4
Wildfire risk score
52.5
Walkability (1 to 20)
6.6
Road, rail and air noise
53 dB
Questions people ask
Is Skagit County, WA overvalued?
Home prices in Skagit County, WA are well above what local incomes have historically supported: fair value is about $508,852, so the area is 13.3% overvalued.
Is Skagit County, WA a buyer's or seller's market?
Skagit County, WA is a buyer's market: homes take about 65 days to sell, listings are up 28% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Skagit County, WA?
Home values in Skagit County, WA are up 0.7% over the last year. Zillow's forecast for the next 12 months is +0.7%.
How much do you need to earn to buy a home in Skagit County, WA?
A household needs about $124,946 a year to afford the typical home in Skagit County, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,774.