Grant County, Washington Housing Market Prices
Grant County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 51% below the Washington median Cheaper than 76% of counties in Washington$238,970
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Median rent 37% below the Washington median$1,116
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Grant County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $238,970 | $485,016 | $248,835 |
| Price Trend (Annual %) | 10.9% | 10.9% | 7.5% |
| Median Gross Rent | $1,116 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Grant County is about 51% lower than in Washington. Rent is about 37% lower than the Washington average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Grant County, up about 10.9% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Grant County rose about 60.5% between 2015 and 2024, from $695 to $1,116. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Grant County.
Buying the median-priced home in Grant County costs roughly 17.8 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Grant County. The price-to-rent ratio in Washington is about 23.0.
| Metric | Grant County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $238,970 | $485,016 | $248,835 |
| Median Household Income | $73,032 | $98,224 | $80,455 |
| Price-to-Income Ratio | 3.3 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Grant County rose about 84.6%, while median household income rose about 64.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Grant County | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.3% | 59.1% | 58.5% |
| Rental Rate | 29.7% | 33.6% | 31.2% |
| Vacancy Rate | 12.0% | 7.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Grant County has a homeownership rate of 58.3%, lower than the Washington average of 59.1%. Its housing vacancy rate is 12.0%, compared with 7.3% in Washington.
Housing Stock
| Metric | Grant County | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.79 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1985 | 1983 | 1978 |
| Median Number of Rooms | 5.5 | 5.5 | 5.5 |
The typical housing unit in Grant County was built around 1985. On average, 2.8 people live in a home with about 5.5 rooms, staying for about 14.0 years on average.
Grant County, WA Housing Compared With Nearby Counties
How Grant County, WA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Grant County, WA | 101,798 | $238,970 #3/3 | $1,116 #3/3 | 66.3% #3/3 |
| Franklin County, WA | 98,902 | $387,681 | $1,198 | 71.0% |
| Benton County, WA | 212,794 | $279,282 | $1,306 | 67.6% |
Frequently Asked Questions
Common questions about the housing market in Grant County, Washington.
What is the median home price in Grant County, Washington?
The median home price in Grant County, Washington is $238,970, lower than the Washington average of $485,016.
What is the average home price in Grant County, Washington?
The typical home price in Grant County, Washington, reported as the median sale price, is $238,970. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Grant County, Washington?
The median gross rent in Grant County, Washington is $1,116 per month, lower than the Washington average of $1,759.
What was the median gross rent in Grant County in 2020?
In 2020, the median gross rent in Grant County, Washington was $813 per month.
What is the price-to-rent ratio in Grant County, Washington?
The price-to-rent ratio in Grant County, Washington is about 17.8, meaning it would take roughly 17.8 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Grant County.
Are home prices or rent rising faster in Grant County, Washington?
Both home prices and rent are rising in Grant County, up about 10.9% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Grant County, Washington?
58.3% of households in Grant County, Washington own their home, lower than the Washington average of 59.1%.
What is the vacancy rate in Grant County, Washington?
The housing vacancy rate in Grant County, Washington is 12.0%, higher than the Washington average of 7.3%.
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