Market Overview
Home Prices in Palouse, WA
The median home value in Palouse, WA is $360,721 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palouse are priced12% below average. Palouse is part of the Pullman, WA metro area.
Over the past five years, Palouse home values have risen by approximately29.7%, reflecting strong long-term appreciation in this market.
Price History
Palouse Home Price Trend
City Comparison
Palouse vs. National Median
At $360,721, homes in Palouse cost 12% below the national median of $410,000. This makes Palouse a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Palouse?
20% Down Payment
$72,144
on $360,721
Monthly P&I
$1,881/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,389/mo
incl. taxes & insurance
Income Needed
$95,560
gross annual (30% rule)
10% Down Option
$36,072
+ PMI applies
Loan Amount (20% dn)
$288,577
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 Palouse, WA?
The median home value in Palouse is $360,721 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Palouse?
Over the past year, home values in Palouse have increased by 2.5%. Over five years, prices have risen approximately 29.7%.
How much do I need to earn to buy a home in Palouse?
To comfortably afford the median home price of $360,721 with a 20% down payment ($72,144) at today's rates (6.8%), you'd need a gross annual income of approximately $95,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Palouse compare to the national average home price?
The national median home value is approximately $410,000. At $360,721, homes in Palouse are 12% below the national average.
What metro area is Palouse part of?
Palouse is part of the Pullman, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.