Orchards, Washington Housing Market Prices
Orchards 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 5% below the Washington median$460,818
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Median rent About the same as the Washington median$1,765
Housing Market Overview
| Metric | Orchards | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $460,818 | $485,016 | $248,835 |
| Price Trend (Annual %) | 10.4% | 10.9% | 7.5% |
| Median Gross Rent | $1,765 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 7.6% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Orchards is about 5% 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 Orchards, up about 10.4% and 7.6% a year respectively. Home prices are changing faster.
Median rent in Orchards rose about 78.0% between 2015 and 2024, from $991 to $1,765. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 4.6 yearly household incomes in Orchards.
Buying the median-priced home in Orchards costs roughly 21.8 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 Orchards. The price-to-rent ratio in Washington is about 23.0.
| Metric | Orchards | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $460,818 | $485,016 | $248,835 |
| Median Household Income | $100,787 | $98,224 | $80,455 |
| Price-to-Income Ratio | 4.6 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Orchards rose about 119.8%, while median household income rose about 49.4% 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 | Orchards | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.5% | 59.1% | 58.5% |
| Rental Rate | 33.6% | 33.6% | 31.2% |
| Vacancy Rate | 2.9% | 7.3% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Orchards has a homeownership rate of 63.5%, higher than the Washington average of 59.1%. Its housing vacancy rate is 2.9%, compared with 7.3% in Washington.
Housing Stock
| Metric | Orchards | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1997 | 1983 | 1978 |
| Median Number of Rooms | 5.7 | 5.5 | 5.5 |
The typical housing unit in Orchards was built around 1997. On average, 2.9 people live in a home with about 5.7 rooms, staying for about 11.0 years on average.
Orchards, WA Housing Compared With Nearby Cities
How Orchards, WA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Orchards, WA | 26,432 | $460,818 #1/2 | $1,765 #1/2 | 65.4% #1/2 |
| Vancouver, WA | 192,630 | $371,961 | $1,697 | 52.3% |
Frequently Asked Questions
Common questions about the housing market in Orchards, Washington.
What is the median home price in Orchards, Washington?
The median home price in Orchards, Washington is $460,818, lower than the Washington average of $485,016.
What is the average home price in Orchards, Washington?
The typical home price in Orchards, Washington, reported as the median sale price, is $460,818. 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 Orchards, Washington?
The median gross rent in Orchards, Washington is $1,765 per month, about the same as the Washington average.
What was the median gross rent in Orchards in 2020?
In 2020, the median gross rent in Orchards, Washington was $1,397 per month.
What is the price-to-rent ratio in Orchards, Washington?
The price-to-rent ratio in Orchards, Washington is about 21.8, meaning it would take roughly 21.8 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 Orchards.
Are home prices or rent rising faster in Orchards, Washington?
Both home prices and rent are rising in Orchards, up about 10.4% and 7.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Orchards, Washington?
63.5% of households in Orchards, Washington own their home, higher than the Washington average of 59.1%.
What is the vacancy rate in Orchards, Washington?
The housing vacancy rate in Orchards, Washington is 2.9%, lower than the Washington average of 7.3%.
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