Market Overview
Home Prices in Thorp, WA
The median home value in Thorp, WA is $481,080 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Thorp are priced17% above average. Thorp is part of the Ellensburg, WA metro area.
Over the past five years, Thorp home values have risen by approximately16.6%, reflecting steady appreciation in this market.
Price History
Thorp Home Price Trend
2020
$323,663
$324K
—
2021
$412,487
$412K
+27.4%
2022
$475,621
$476K
+15.3%
2023
$472,624
$473K
-0.6%
2024
$457,951
$458K
-3.1%
2025
$462,395
$462K
+1.0%
2026
$481,080
$481K
+4.0%
City Comparison
Thorp vs. National Median
🏠 Thorp
$481,080
National Median
$410,000
At $481,080, homes in Thorp cost 17% above the national median of $410,000. Buyers in Thorp should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Thorp?
20% Down Payment
$96,216
on $481,080
Monthly P&I
$2,509/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,186/mo
incl. taxes & insurance
Income Needed
$127,440
gross annual (30% rule)
10% Down Option
$48,108
+ PMI applies
Loan Amount (20% dn)
$384,864
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 Thorp, WA?
The median home value in Thorp is $481,080 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Thorp?
Over the past year, home values in Thorp have increased by 4%. Over five years, prices have risen approximately 16.6%.
How much do I need to earn to buy a home in Thorp?
To comfortably afford the median home price of $481,080 with a 20% down payment ($96,216) at today's rates (6.8%), you'd need a gross annual income of approximately $127,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Thorp compare to the national average home price?
The national median home value is approximately $410,000. At $481,080, homes in Thorp are 17% above the national average.
What metro area is Thorp part of?
Thorp is part of the Ellensburg, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.