The story of this market
The typical home in ZIP 98855 sells for about $289,854, or $129 per square foot.
Prices are down 1.7% from a year ago, which gives buyers more room to negotiate. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 98855 — Tonasket
The 98855 housing market is currently experiencing a period of cooling, with median prices down 1.7% year-over-year to $290,000. Market activity is somewhat competitive, though sales volume remains low, reflecting the rural nature of the area. Inventory levels and days on market suggest a stable but slow-moving environment for buyers and sellers.
This ZIP is best suited for rural-lifestyle seekers, retirees, and those employed in local agricultural or public-sector roles who prioritize access to outdoor recreation over proximity to urban employment centers.
Median prices moved down 1.7% year over year.
Homes spend a median of 54 days on market with 95.0 months of supply — a slower-moving market.
6% of listings have cut prices · homes sell at 93.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.4% · poverty 14.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 98855, Okanogan County WA
The area is served by the Tonasket School District, which provides public education for the local community.
The region is subject to wildfire risks common to rural Okanogan County, with insurance availability and premiums influenced by regional fire-hazard mapping.
Economic activity is primarily driven by agriculture, forestry, and local government services, with limited large-scale industrial development.
Property taxes are assessed by Okanogan County based on local millage rates, which include levies for schools, emergency services, and county operations.
The area is rural and isolated, with residents typically relying on personal vehicles for long-distance commutes to regional employment hubs like Omak or Okanogan.
The area offers extensive access to outdoor recreation, including the Okanogan National Forest, nearby lakes, and hiking trails, with basic shopping and dining concentrated in Tonasket.
The rental market is limited in depth, characterized by a mix of single-family homes and small-scale rentals with low turnover and minimal institutional investor presence.
The economy is anchored by agriculture, timber, and public administration, with significant seasonal employment fluctuations.
Transportation is heavily reliant on US Highway 97, which serves as the primary north-south corridor for the region.
Development is primarily focused on small-scale residential improvements and agricultural infrastructure rather than large-scale commercial projects.
The Okanogan County Assessor manages property valuations, utilizing a mass appraisal system for annual tax roll updates.
Parcels are subject to various special districts, including local fire protection districts and the Tonasket School District.
Property insurance premiums are sensitive to regional wildfire risk, with many carriers requiring specific mitigation measures for rural properties.
Data retrieved from US Census Bureau ACS tables for ZCTA 98855.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.
Provides vast opportunities for hiking, camping, and wildlife viewing.
A central feature for fishing and seasonal water recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.