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Many centers across Washington State are expected to see housing price increases throughout 2026, including Vancouver, Washington. While prices have decreased in the city over the past year, they are expected to increase at a modest pace throughout the next 12 months.
Vancouver was also singled out recently for having one of the “healthiest” real estate markets in the country, when measured by stability and affordability. Here’s an updated look at local housing trends.
The median home value in Vancouver, Washington dipped by about 1.0% YOY. That’s based on the latest data from the real estate information company Zillow.
Looking forward, the company’s economists expect home values within the Vancouver real estate market to rise slowly over the next 12 months.
Further to the north, house values in the Seattle area are expected to increase at a similar pace. According to Zillow, home prices in Seattle decreased 2.1% over the past year.
As we’ve seen, markets can fluctuate at almost any time, and so we shouldn’t be surprised to see new trajectories in the not-too-distant future.
The Vancouver real estate market is much more affordable than the Seattle area, relative to median household incomes. As of January 2026, the average home price in Seattle is $832,857, while the average home price in Vancouver is $494,822. That’s partly why it was recently named one of the healthiest housing markets in the United States.
Recently, SmartAsset, a financial software and data company, ranked Vancouver, WA as the seventh healthiest real estate market in the nation. To determine their rankings, the company focused on stability and affordability within local housing markets.
They also looked at fluidity, which in this context refers to how quickly homes are selling. Another key measurement was “risk of loss,” which refers to the potential for depreciating home prices over time.
Based on these and other factors, analysts ranked Vancouver as the healthiest real estate market in Washington State, and one of the 10 healthiest in the nation.
The local housing market in Vancouver is still somewhat competitive, and inventory is easing. In the overall Clark County, there is a 4.1-month supply of inventory, which is close to a balanced market characterized by 5- or 6-months’ worth of inventory.
Recent data indicates Vancouver, WA had about 5 months of housing inventory, which is close to what’s considered a balanced market. Smaller pockets can differ. In specific zip areas, months of supply figures can be lower, reflecting more competition in certain segments of Clark County.
The supply and demand situation could change over time though, as a result of new construction. Residential real estate development has been ramping up across the Vancouver area. Over time, this could shift the balance of supply and demand to create more favorable conditions for home buyers.
But for now, real estate professionals in the area say that the market still favors sellers over buyers, due to limited inventory.
Disclaimer: This article contains predictions and forecasts for the Vancouver, Washington real estate market through the winter of 2026. These outlooks were provided by third parties not associated with our company. We have gathered them here as an educational service to our readers.
If you’re looking for a mortgage in Vancouver, WA, we can help. Located in Bellevue, Sammamish Mortgage has been helping home buyers across the state of Washington, Oregon, Idaho, Colorado, and California since 1992. Our company offers competitive rates on a variety of mortgage programs, including FHA loans, VA loans, and conventional loans. Please contact us if you have questions about qualifying for a mortgage loan in Vancouver or to get pre-approved.
Whether you’re buying a home or ready to refinance, our professionals can help.
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