Yakima housing market

Strong buyer's marketYakima, WA metro areaData through Sep 2026
Typical home value
$348K
▲ 0.5% 1 yr
Typical rent
$1,362/mo
▲ 1.0% 1 yr
12-month forecast
+1.7%
#323 of 546 metros
Gross rent yield
4.7%
#446 of 546 · U.S. 6.3%
Days to pending
61 days
▲ +18 days 1 yr
Listings with a price cut
28%
▲ +1.1 pts 1 yr

Key takeaways

  • 1The typical home is worth $348,084, up 0.5% in a year and up 13% over five years.
  • 2Zillow forecasts home values rising 1.7% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,362/mo (+1.0% YoY), a 4.7% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,913/mo in principal and interest, $551 more than renting.
  • 5Homes go under contract in 61 days (+18 days vs last year); 28% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 23/100, #514 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $348K
$187K$238K$289K$339K2016201920222025
Typical monthly rent
Latest $1,362
$1,129$1,208$1,286$1,36520222023202420252026

How fast homes are selling

Days to go under contract
Latest 61
2035516620182020202220242026
Share of listings with a price cut
Latest 27.9%
11.4%16.6%21.8%27.0%20182020202220242026
Homes for sale vs new listings
Latest 718
For saleNew listings
13231449567720182020202220242026
Share of homes sold above list price
Latest 22.8%
19.3%31.6%43.9%56.1%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $95K
To buy (20% down)To rent
$41K$58K$74K$91K201620182020202220242026

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

How Yakima compares

MeasureYakimaUnited StatesRank of 546
Home value, 1-yr change+0.5%+1.2%#409
Home value, 5-yr change+12.8%+19.7%
12-month forecast+1.7%+1.1%#323
Rent, 1-yr change+1.0%+2.7%#476
Gross rent yield4.7%6.3%#446
Price-to-rent ratio21.315.8
Mortgage P&I on typical home$1,913$2,012
Income needed to buy$94,905$100,902
Days to pending6156

Cities in the Yakima metro

1 cities with home value and rent data.

Yakima$358K▲ 0.5%$1,330▲ 1.1%4.5%

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.