Market Overview
Home Prices in Ephrata, WA
The median home value in Ephrata, WA is $327,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ephrata are priced20% below average. Ephrata is part of the Moses Lake, WA metro area.
Over the past five years, Ephrata home values have risen by approximately25.1%, reflecting strong long-term appreciation in this market.
Price History
Ephrata Home Price Trend
City Comparison
Ephrata vs. National Median
At $327,032, homes in Ephrata cost 20% below the national median of $410,000. This makes Ephrata a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ephrata?
20% Down Payment
$65,406
on $327,032
Monthly P&I
$1,706/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,167/mo
incl. taxes & insurance
Income Needed
$86,680
gross annual (30% rule)
10% Down Option
$32,703
+ PMI applies
Loan Amount (20% dn)
$261,626
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ephrata, WA?
The median home value in Ephrata is $327,032 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Ephrata?
Over the past year, home values in Ephrata have increased by 0.9%. Over five years, prices have risen approximately 25.1%.
How much do I need to earn to buy a home in Ephrata?
To comfortably afford the median home price of $327,032 with a 20% down payment ($65,406) at today's rates (6.8%), you'd need a gross annual income of approximately $86,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Ephrata compare to the national average home price?
The national median home value is approximately $410,000. At $327,032, homes in Ephrata are 20% below the national average.
What metro area is Ephrata part of?
Ephrata is part of the Moses Lake, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.