Investor-grade market analytics for Ellensburg, Washington. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$497,061
+0.2% year-over-year
4.0%
gross annual
+0.2%
base case (Zillow ZHVF)
+0.2% year-over-year
50/100
ModerateNet migration: Top 18% nationally
In-migrants avg $120,234 AGI vs out-migrants $60,629
Opportunity Zone Market
1 ZIP codes in Ellensburg are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Ellensburg, WA is in a stabilization phase with 0.2% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 7.11x well exceeds the national average of 4.8x. Modest net positive migration (+241 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 4.05% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Ellensburg, WA's primary climate exposure is wildfire (70/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.