Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Klickitat County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $861,842 | $471,160 | $242,182 |
| Price Trend (Annual %) | 36.7% | 12.1% | 8.2% |
| Median Gross Rent | $1,119 | $1,681 | $1,342 |
| Rent Trend (Annual %) | 5.2% | 6.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Klickitat County is about 83% higher than in Washington. Rent is about 33% lower than the Washington average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Klickitat County, up about 36.7% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Klickitat County rose about 38.3% between 2015 and 2023, from $809 to $1,119. Over the same span, rent in Washington rose about 65.7%.
Affordability
On average, housing unit costs 12.3 yearly household incomes in Klickitat County.
Buying the median-priced home in Klickitat County costs roughly 64.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Klickitat County. The price-to-rent ratio in Washington is about 23.4.
| Metric | Klickitat County | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $861,842 | $471,160 | $242,182 |
| Median Household Income | $70,026 | $95,177 | $78,145 |
| Price-to-Income Ratio | 12.3 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Klickitat County rose about 554.0%, while median household income rose about 85.6% between 2009 and 2023 — 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 | Klickitat County | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.9% | 59.1% | 58.2% |
| Rental Rate | 22.3% | 33.4% | 31.3% |
| Vacancy Rate | 8.8% | 7.4% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Klickitat County has a homeownership rate of 68.9%, higher than the Washington average of 59.1%. Its housing vacancy rate is 8.8%, compared with 7.4% in Washington.
Housing Stock
| Metric | Klickitat County | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.31 people | 2.51 people | 2.54 people |
| Median Structure Built Year | 1978 | 1982 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Klickitat County was built around 1978. On average, 2.3 people live in a home with about 5.4 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Klickitat County, Washington.
What is the median home price in Klickitat County, Washington?
The median home price in Klickitat County, Washington is $861,842, higher than the Washington average of $471,160.
What is the average home price in Klickitat County, Washington?
The typical home price in %s, reported as the median sale price, is %s. 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 Klickitat County, Washington?
The median gross rent in Klickitat County, Washington is $1,119 per month, lower than the Washington average of $1,681.
What was the median gross rent in Klickitat County in 2020?
In 2020, the median gross rent in Klickitat County, Washington was $867 per month.
What is the price-to-rent ratio in Klickitat County, Washington?
The price-to-rent ratio in Klickitat County, Washington is about 64.2, meaning it would take roughly 64.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Klickitat County.
Are home prices or rent rising faster in Klickitat County, Washington?
Both home prices and rent are rising in Klickitat County, up about 36.7% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Klickitat County, Washington?
68.9% of households in Klickitat County, Washington own their home, higher than the Washington average of 59.1%.
What is the vacancy rate in Klickitat County, Washington?
The housing vacancy rate in Klickitat County, Washington is 8.8%, higher than the Washington average of 7.4%.