Okanogan, WA housing market
The typical Okanogan home is worth about $272,000, about the same as a year ago, 54% below the Washington typical home.
Home values, sales, trends and how Okanogan compares with the towns next door — updated as new data is published.
Okanogan at a glance
Typical home value, 2016–2026
Show as a table
| January | Okanogan | Washington |
|---|---|---|
| 2017 | $150,000 | $326,000 |
| 2018 | $157,000 | $362,000 |
| 2019 | $166,000 | $390,000 |
| 2020 | $179,000 | $413,000 |
| 2021 | $208,000 | $471,000 |
| 2022 | $244,000 | $554,000 |
| 2023 | $265,000 | $572,000 |
| 2024 | $258,000 | $582,000 |
| 2025 | $266,000 | $605,000 |
| 2026 | $272,000 | $601,000 |
| August 2026 | $272,000 | $592,000 |
13 new homes permitted in 2025
Builders were permitted 13 new homes in Okanogan in 2025: 3 single-family houses and 10 in buildings with two or more homes, worth about $1.4 million to build. That's 5.3 per 1,000 residents, about the pace of Washington as a whole. Over the past 10 years, Okanogan has permitted 36 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Okanogan's population fell by 173 even though 24 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Washington: 2.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 1 | 2 | $363,000 |
| 2025 | 13 | 3 | 10 | $1.4 million |
| 2024 | 1 | 1 | 0 | $450,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 3 | 3 | 0 | $497,000 |
| 2021 | 2 | 2 | 0 | $617,000 |
| 2020 | 3 | 3 | 0 | $649,000 |
| 2019 | 1 | 1 | 0 | $278,000 |
| 2018 | 5 | 3 | 2 | $894,000 |
| 2017 | 7 | 5 | 2 | $1.2 million |
| 2016 | 1 | 1 | 0 | $167,000 |
| 2015 | 4 | 4 | 0 | $852,000 |
| 2014 | 1 | 1 | 0 | $285,000 |
| 2013 | 1 | 1 | 0 | $217,000 |
| 2012 | 2 | 2 | 0 | $240,000 |
| 2011 | 2 | 2 | 0 | $430,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 2 | 2 | 0 | $251,000 |
| 2008 | 6 | 6 | 0 | $1.4 million |
| 2007 | 6 | 4 | 2 | $707,000 |
| 2006 | 7 | 5 | 2 | $846,000 |
| 2005 | 1 | 1 | 0 | $191,000 |
| 2004 | 1 | 1 | 0 | $191,000 |
| 2003 | 4 | 4 | 0 | $763,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 1 | 1 | 0 | $67,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Okanogan and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Okanogan | $272K | +0.4% | $1,060 | 13 | $68,611 |
| Omak | $265K | +1.1% | $1,060 | 6 | $76,544 |
4 years of income
The typical Okanogan home costs about 4 years of the town's median household income, less than across Washington (6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Okanogan is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Okanogan pay a median of $1,054. A two-bedroom takes about 19% of the town's median household income.
Studio $740 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (98840; Okanogan County, WA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.