Housing in Soap Lake, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$315,000

Median List Price

N/A

Price Per Sq Ft

$210

Days on Market

29

Active Inventory

8

Months of Supply

8.0

Buyer's market

Zillow Home Value

$292,602

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.8%List Price 99.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

101.9%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

2

Homes Sold 50.0%New Listings 50.0%Pending 60.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$210

Sale $/SF 11.0%List $/SF 20.1%Mar 24Jan 26

Soap Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Soap Lake is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$156,300

Median Rent

$605

Total Housing Units

899

Vacancy Rate

33.6%

Owner Occupied

63.6%

Renter Occupied

36.4%

Median Property Tax

$1,111

per year

Monthly Cost (w/ Mortgage)

$678

Housing Types

Single Family
41.2%
Multi-Family
30.1%
Mobile Home
28.7%

The current median sale price in Soap Lake, WA is $315,000 according to Redfin data. Homes spend a median of 29 days on the market. 100.0% of homes sold above asking price. The market has 8.0 months of supply. The median price per square foot is $210. The median rent is $605 per month (Census ACS). About 63.6% of housing units are owner-occupied. The median year homes were built is 1958. There are 899 total housing units.