Market Overview
Home Prices in Packwood, WA
The median home value in Packwood, WA is $456,871 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Packwood are priced11% above average. Packwood is part of the Centralia, WA metro area.
Over the past five years, Packwood home values have risen by approximately41.6%, reflecting strong long-term appreciation in this market.
Price History
Packwood Home Price Trend
City Comparison
Packwood vs. National Median
At $456,871, homes in Packwood cost 11% above the national median of $410,000. Buyers in Packwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Packwood?
20% Down Payment
$91,374
on $456,871
Monthly P&I
$2,383/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,026/mo
incl. taxes & insurance
Income Needed
$121,040
gross annual (30% rule)
10% Down Option
$45,687
+ PMI applies
Loan Amount (20% dn)
$365,497
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 Packwood, WA?
The median home value in Packwood is $456,871 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Packwood?
Over the past year, home values in Packwood have increased by 2.1%. Over five years, prices have risen approximately 41.6%.
How much do I need to earn to buy a home in Packwood?
To comfortably afford the median home price of $456,871 with a 20% down payment ($91,374) at today's rates (6.8%), you'd need a gross annual income of approximately $121,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Packwood compare to the national average home price?
The national median home value is approximately $410,000. At $456,871, homes in Packwood are 11% above the national average.
What metro area is Packwood part of?
Packwood is part of the Centralia, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.