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Walla Walla, WA housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$413,653+0.5% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$89,671About 1.2× the local median income ($72,788): a stretch for a typical household
Days on market78 daysAbout the same pace as a year ago
Next 12 months+0.7%Zillow expects prices to rise slightly

The typical home in Walla Walla, WA is worth $413,653, up 0.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $367,135, so the area is 12.7% overvalued. It is a buyer's market: homes take about 78 days to sell, listings are up 49% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 0.7% over the next year. A household needs about $89,671 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 $72,788. Typical rent is $1,474 a month, or $1,954 for a house. In the latest IRS figures, 99 more people moved out than in.

Home value over time

$0K$100K$200K$300K$400K19801990200020102020
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$413,653
Change in 1 year+0.5%
Overvalued %+12.7%
Show 7 more
Fair home value$367,135
Change in 5 years+16.2%
Zillow forecast, next 12 months+0.7%
Home value to income5.7×
Monthly mortgage payment (20% down)$2,242
Income needed to afford it$89,671
Property tax rate0.85%

Rent and investing

Typical rent$1,474
Typical rent for houses$1,954
Price-to-rent ratio23.4×
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HUD Fair Market Rent, 2 bedrooms$1,561
Gross rental yield4.28%
Cap rate (estimate)2.78%

Market activity

Listings vs a year ago+48.6%
Days on market78
Listings with a price cut19.4%
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Homes for sale309
Pending sales per 100 listings20
Asking price per sq ft$258

People and jobs

Median household income$72,788
Population change (1 year)+0.4%
Unemployment rate6.2%
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Population62,361
Income adjusted for cost of living$73,896
Net moves in (IRS)−99
Cost of living (US = 100)98.5

Schools, risk and environment

School rating (1 to 10)4.8
FEMA hazard risk score (0 to 100)60.4
Unhealthy air days a year0
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Flood risk score64.8
Wildfire risk score83.5
Walkability (1 to 20)8.6
Road, rail and air noise53 dB

Questions people ask

Is Walla Walla, WA overvalued?
Home prices in Walla Walla, WA are well above what local incomes have historically supported: fair value is about $367,135, so the area is 12.7% overvalued.
Is Walla Walla, WA a buyer's or seller's market?
Walla Walla, WA is a buyer's market: homes take about 78 days to sell, listings are up 49% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Walla Walla, WA?
Home values in Walla Walla, WA are up 0.5% 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 Walla Walla, WA?
A household needs about $89,671 a year to afford the typical home in Walla Walla, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,788.

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