Market Overview
Home Prices in Othello, WA
The median home value in Othello, WA is $339,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Othello are priced17% below average. Othello is part of the Othello, WA metro area.
Over the past five years, Othello home values have risen by approximately25.9%, reflecting strong long-term appreciation in this market.
Price History
Othello Home Price Trend
City Comparison
Othello vs. National Median
At $339,351, homes in Othello cost 17% below the national median of $410,000. This makes Othello a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Othello?
20% Down Payment
$67,870
on $339,351
Monthly P&I
$1,770/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,248/mo
incl. taxes & insurance
Income Needed
$89,920
gross annual (30% rule)
10% Down Option
$33,935
+ PMI applies
Loan Amount (20% dn)
$271,481
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 Othello, WA?
The median home value in Othello is $339,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Othello?
Over the past year, home values in Othello have decreased by 0.6%. Over five years, prices have risen approximately 25.9%.
How much do I need to earn to buy a home in Othello?
To comfortably afford the median home price of $339,351 with a 20% down payment ($67,870) at today's rates (6.8%), you'd need a gross annual income of approximately $89,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Othello compare to the national average home price?
The national median home value is approximately $410,000. At $339,351, homes in Othello are 17% below the national average.
What metro area is Othello part of?
Othello is part of the Othello, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.