Moses Lake housing market

Strong buyer's marketMoses Lake, WA metro areaData through Sep 2026
Typical home value
$355K
▼ 0.4% 1 yr
Typical rent
$1,458/mo
▼ 0.6% 1 yr
12-month forecast
0.0%
#469 of 546 metros
Gross rent yield
4.9%
#417 of 546 · U.S. 6.3%
Days to pending
76 days
▲ +6 days 1 yr
Listings with a price cut
25%
▼ −4.2 pts 1 yr

Key takeaways

  • 1The typical home is worth $355,465, down 0.4% in a year and up 16% over five years.
  • 2Zillow forecasts home values rising 0.0% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,458/mo (−0.6% YoY), a 4.9% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,953/mo in principal and interest, $495 more than renting.
  • 5Homes go under contract in 76 days (+6 days vs last year); 25% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 22/100, #523 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $355K
$186K$240K$295K$349K2016201920222025
Typical monthly rent
Latest $1,458
$910$1,095$1,280$1,4652016201920222025

How fast homes are selling

Days to go under contract
Latest 76
214264852020202220242026
Share of listings with a price cut
Latest 24.6%
9.3%15.6%21.9%28.1%20182020202220242026
Homes for sale vs new listings
Latest 467
For saleNew listings
5818531344020182020202220242026
Share of homes sold above list price
Latest 16.4%
13.5%25.7%37.8%49.9%20182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Moses Lake compares

MeasureMoses LakeUnited StatesRank of 546
Home value, 1-yr change−0.4%+1.2%#473
Home value, 5-yr change+15.9%+19.7%
12-month forecast0.0%+1.1%#469
Rent, 1-yr change−0.6%+2.7%#534
Gross rent yield4.9%6.3%#417
Price-to-rent ratio20.315.8
Mortgage P&I on typical home$1,953$2,012
Days to pending7656

Cities in the Moses Lake metro

1 cities with home value and rent data.

Moses Lake$360K▼ 0.7%$1,451▼ 1.6%4.8%

Run the numbers

Other Washington metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.