Market Overview
Home Prices in Okanogan, WA
The median home value in Okanogan, WA is $274,297 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Okanogan are priced33% below average.
Over the past five years, Okanogan home values have risen by approximately18.8%, reflecting steady appreciation in this market.
Price History
Okanogan Home Price Trend
2020
$187,192
$187K
—
2021
$230,833
$231K
+23.3%
2022
$264,834
$265K
+14.7%
2023
$267,366
$267K
+1.0%
2024
$260,442
$260K
-2.6%
2025
$271,645
$272K
+4.3%
2026
$274,297
$274K
+1.0%
City Comparison
Okanogan vs. National Median
🏠 Okanogan
$274,297
National Median
$410,000
At $274,297, homes in Okanogan cost 33% below the national median of $410,000. This makes Okanogan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Okanogan?
20% Down Payment
$54,859
on $274,297
Monthly P&I
$1,431/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,817/mo
incl. taxes & insurance
Income Needed
$72,680
gross annual (30% rule)
10% Down Option
$27,430
+ PMI applies
Loan Amount (20% dn)
$219,438
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 Okanogan, WA?
The median home value in Okanogan is $274,297 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Okanogan?
Over the past year, home values in Okanogan have increased by 1%. Over five years, prices have risen approximately 18.8%.
How much do I need to earn to buy a home in Okanogan?
To comfortably afford the median home price of $274,297 with a 20% down payment ($54,859) at today's rates (6.8%), you'd need a gross annual income of approximately $72,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Okanogan compare to the national average home price?
The national median home value is approximately $410,000. At $274,297, homes in Okanogan are 33% below the national average.