Hazel Dell, Washington Housing Market Prices
Hazel Dell 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 43% below the Washington median$276,121
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Median rent About the same as the Washington median$1,753
Housing Market Overview
| Metric | Hazel Dell | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $276,121 | $485,016 | $248,835 |
| Price Trend (Annual %) | 41.1% | 10.9% | 7.5% |
| Median Gross Rent | $1,753 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 8.2% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hazel Dell is about 43% lower than in Washington. Rent follows a similar pattern, running close to 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 Hazel Dell, up about 41.1% and 8.2% a year respectively. Home prices are changing faster.
Median rent in Hazel Dell rose about 91.2% between 2015 and 2024, from $917 to $1,753. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Hazel Dell.
Buying the median-priced home in Hazel Dell costs roughly 13.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hazel Dell. The price-to-rent ratio in Washington is about 23.0.
| Metric | Hazel Dell | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $276,121 | $485,016 | $248,835 |
| Median Household Income | $82,813 | $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 Hazel Dell rose about 71.6%, while median household income rose about 52.9% 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 | Hazel Dell | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.8% | 59.1% | 58.5% |
| Rental Rate | 46.6% | 33.6% | 31.2% |
| Vacancy Rate | 3.6% | 7.3% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Hazel Dell has a homeownership rate of 49.8%, lower than the Washington average of 59.1%. Its housing vacancy rate is 3.6%, compared with 7.3% in Washington.
Housing Stock
| Metric | Hazel Dell | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1989 | 1983 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Hazel Dell was built around 1989. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Hazel Dell, Washington.
What is the median home price in Hazel Dell, Washington?
The median home price in Hazel Dell, Washington is $276,121, lower than the Washington average of $485,016.
What is the average home price in Hazel Dell, Washington?
The typical home price in Hazel Dell, Washington, reported as the median sale price, is $276,121. 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 Hazel Dell, Washington?
The median gross rent in Hazel Dell, Washington is $1,753 per month, about the same as the Washington average.
What was the median gross rent in Hazel Dell in 2020?
In 2020, the median gross rent in Hazel Dell, Washington was $1,283 per month.
What is the price-to-rent ratio in Hazel Dell, Washington?
The price-to-rent ratio in Hazel Dell, Washington is about 13.1, meaning it would take roughly 13.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hazel Dell.
Are home prices or rent rising faster in Hazel Dell, Washington?
Both home prices and rent are rising in Hazel Dell, up about 41.1% and 8.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hazel Dell, Washington?
49.8% of households in Hazel Dell, Washington own their home, lower than the Washington average of 59.1%.
What is the vacancy rate in Hazel Dell, Washington?
The housing vacancy rate in Hazel Dell, Washington is 3.6%, lower than the Washington average of 7.3%.
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