98662, Vancouver, WA

Home Equity and Home Prices in the 98662 Zip Code of Vancouver, WA

The 98662 zip code of Vancouver, WA has a median home value of $269,900. This is higher than the median home value for all of Washington at $248,500. The 98662 zip code also has a higher than average percentage of homes with equity (77%) compared to the rest of Washington (64%). This indicates that homeowners in this zip code are more likely to have a significant amount of equity in their homes.

The average home price in the 98662 zip code increased by 8% from 2017 to 2018. This was slower than the increase seen across all of Washington (+12%). The main driver behind this slower growth was lower demand for housing in Seattle due to increasing prices and stricter regulations. In spite of this slowdown, there is still strong demand for housing in the 98662 zip code and prices are expected to continue rising over time.