Walla Walla, Washington Housing Market Prices
Walla Walla 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 92% below the Washington median$38,531
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Median rent 26% below the Washington median$1,301
Housing Market Overview
| Metric | Walla Walla | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,531 | $485,016 | $248,835 |
| Price Trend (Annual %) | -4.3% | 10.9% | 7.5% |
| Median Gross Rent | $1,301 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 6.9% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Walla Walla is about 92% lower than in Washington. Rent is about 26% lower than the Washington average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Walla Walla: home prices fell about 4.3% a year while rent rose about 6.9% a year. That is an unusual pattern worth watching.
Median rent in Walla Walla rose about 74.0% between 2015 and 2024, from $748 to $1,301. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Walla Walla.
Buying the median-priced home in Walla Walla costs roughly 2.5 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 Walla Walla. The price-to-rent ratio in Washington is about 23.0.
| Metric | Walla Walla | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,531 | $485,016 | $248,835 |
| Median Household Income | $61,675 | $98,224 | $80,455 |
| Price-to-Income Ratio | 0.6 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Walla Walla fell about 72.9%, while median household income rose about 58.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Walla Walla | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.7% | 59.1% | 58.5% |
| Rental Rate | 42.3% | 33.6% | 31.2% |
| Vacancy Rate | 9.0% | 7.3% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Walla Walla has a homeownership rate of 48.7%, lower than the Washington average of 59.1%. Its housing vacancy rate is 9.0%, compared with 7.3% in Washington.
Housing Stock
| Metric | Walla Walla | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1960 | 1983 | 1978 |
| Median Number of Rooms | 5.2 | 5.5 | 5.5 |
The typical housing unit in Walla Walla was built around 1960. On average, 2.2 people live in a home with about 5.2 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Walla Walla, Washington.
What is the median home price in Walla Walla, Washington?
The median home price in Walla Walla, Washington is $38,531, lower than the Washington average of $485,016.
What is the average home price in Walla Walla, Washington?
The typical home price in Walla Walla, Washington, reported as the median sale price, is $38,531. 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 Walla Walla, Washington?
The median gross rent in Walla Walla, Washington is $1,301 per month, lower than the Washington average of $1,759.
What was the median gross rent in Walla Walla in 2020?
In 2020, the median gross rent in Walla Walla, Washington was $990 per month.
What is the price-to-rent ratio in Walla Walla, Washington?
The price-to-rent ratio in Walla Walla, Washington is about 2.5, meaning it would take roughly 2.5 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 Walla Walla.
Are home prices or rent rising faster in Walla Walla, Washington?
Home prices and rent are moving in opposite directions in Walla Walla: home prices fell about 4.3% a year while rent rose about 6.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Walla Walla, Washington?
48.7% of households in Walla Walla, Washington own their home, lower than the Washington average of 59.1%.
What is the vacancy rate in Walla Walla, Washington?
The housing vacancy rate in Walla Walla, Washington is 9.0%, higher than the Washington average of 7.3%.
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