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Featured local agent — Otis Orchards-East Farms, WA
Sarah Mitchell
Compass Real Estate · Otis Orchards-East Farms, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Otis Orchards-East Farms, WA Housing Market
The typical home in Otis Orchards-East Farms, WA is worth $467,541, held roughly flat 0.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $485,000, -6.1% year over year (through May 2026). With 1.8 months of supply and homes going under contract in about 36 days, Otis Orchards-East Farms is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $467,541 home is about $2,496/mo in principal and interest.
Key numbers for Otis Orchards-East Farms, WA
Typical home value
$467,541
+0.5% in 12 months
Zillow, August 2026
Median sale price
$485,000
-6.1% year over year
Redfin, through May 2026
Days on market
36
Average pace
Redfin, through May 2026
Active listings
9
1.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$90,750
Home costs 5.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.3%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Otis Orchards-East Farms a buyer's or seller's market?
Otis Orchards-East Farms, WA is a strong seller's market, based on 1.8 months of supply and homes selling in about 36 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Otis Orchards-East Farms housing market data show?
Every row below is Redfin's final published month for Otis Orchards-East Farms, WA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $485,000 |
| Median list price | $659,900 |
| Year-over-year price change | -6.1% |
| Median price per sq ft | $225/sq ft |
| Median days on market | 36 days |
| Active inventory | 9 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 100.3% |
| Homes sold (that month) | 5 |
| New listings (that month) | 9 |
| Listings with a price cut | 22.2% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Otis Orchards-East Farms is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Otis Orchards-East Farms is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Otis Orchards-East Farms home prices moved?
Over the last three years the median sale price in Otis Orchards-East Farms, WA fell 11.8%, from $549,900 to $485,000. The live Zillow value series has held roughly flat 0.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 22.2% of Otis Orchards-East Farms listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.8 months while the sale-to-list ratio slips below its current 100.3%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Otis Orchards-East Farms?
Priced off the typical home value of $467,541 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $93,508 | $374,033 | $2,496/mo |
| 5% | $23,377 | $444,164 | $2,964/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,496, that implies roughly $106,971 a year before you add taxes and insurance. The median household in Otis Orchards-East Farms earns $90,750, about $16,221 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Otis Orchards-East Farms in the next 12 months?
Tell us your timeline. We send the Otis Orchards-East Farms market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Otis Orchards-East Farms?
Zillow does not publish a rent index (ZORI) for Otis Orchards-East Farms, WA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Otis Orchards-East Farms?
Active listings in Otis Orchards-East Farms, WA went from 9 in May 2025 to 9 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 16 | 9 |
| July 2025 | 19 | 8 |
| August 2025 | 18 | 7 |
| September 2025 | 22 | 7 |
| October 2025 | 16 | 2 |
| November 2025 | 14 | 3 |
| December 2025 | 8 | not published |
| January 2026 | 6 | 4 |
| February 2026 | 6 | 4 |
| March 2026 | 9 | 8 |
| April 2026 | 9 | 4 |
| May 2026 | 9 | 9 |
Redfin, through May 2026
How does Otis Orchards-East Farms compare to Washington and the U.S.?
Otis Orchards-East Farms homes sell for $485,000 — 26% below the Washington median of $651,800. Against the national median of $410,700, Otis Orchards-East Farms runs 18% higher. Year-over-year, Otis Orchards-East Farms moved -6.1% against Washington's -0.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Otis Orchards-East Farms, WA | $485,000 | -6.1% | 36 days |
| Washington statewide | $651,800 | -0.2% | 19 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Otis Orchards-East Farms
What buyers should watch
- Months of supply, currently 1.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 22.2%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $468 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $467,541 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Otis Orchards-East Farms listing goes under contract in 36 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.3% of asking. Price at the number you want and let competition do the rest.
- In the last published month Otis Orchards-East Farms added 9 new listings against 5 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +0.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Otis Orchards-East Farms varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Otis Orchards-East Farms
There are currently 9 homes listed for sale in Otis Orchards-East Farms, Washington. The median listing price is $660K.
Active listings
9
Homes on market
Median list price
$660K
Avg. days on market
36
Days until sale
New this week
9
Newly listed
How much do homes cost in Otis Orchards-East Farms by property type?
How the Otis Orchards-East Farms, WA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $485,000 | $225/sq ft | 5 | 36 days |
Who lives in Otis Orchards-East Farms?
American Community Survey estimates for Otis Orchards-East Farms. U.S. Census ACS, 2023
Population
5,486
Households
2,050
Median income
$90,750/yr
Median age
43.8 years
Owner-occupied
92.4%
Median home value
$355,400
Median gross rent
$1,322/mo
Mean commute
29 min
92.4% of occupied homes in Otis Orchards-East Farms are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $355,400 against Zillow's $467,541 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Otis Orchards-East Farms, WA?
Ordered by distance from Otis Orchards-East Farms, not by size. Compare Otis Orchards-East Farms side by side with any of them.
Otis Orchards-East Farms housing market FAQ
Is Otis Orchards-East Farms a buyer's or seller's market?
Otis Orchards-East Farms, WA is currently a strong seller's market. That read comes from 1.8 months of supply, homes going under contract in about 36 days, and sellers getting 100.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Otis Orchards-East Farms?
The typical home in Otis Orchards-East Farms, WA is worth $467,541 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $485,000, about $225 per square foot.
Is Otis Orchards-East Farms cheaper than the rest of Washington?
Otis Orchards-East Farms's median sale price of $485,000 is 26% lower than the Washington statewide median of $651,800, and 18% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Otis Orchards-East Farms?
Homes in Otis Orchards-East Farms, WA spent a median of 36 days on market before going under contract, versus 19 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Otis Orchards-East Farms?
At the current 30-year fixed rate of 7.03%, 20% down on a $467,541 home is about $2,496 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $106,971 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $90,750.
Are home prices rising in Otis Orchards-East Farms?
The typical home value in Otis Orchards-East Farms, WA held roughly flat 0.5% over the last 12 months, from $465,357 to $467,541 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Otis Orchards-East Farms?
Otis Orchards-East Farms ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Otis Orchards-East Farms?
That depends on your timeline, not on a headline. What the data says today: Otis Orchards-East Farms, WA is a strong seller's market with 1.8 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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