ZIP Code Market Report
98856 — Winthrop, WA
Data through February 2026 · Updated monthly
Avg Home Value
$449,188
▼ 2.5% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$452,079
Condo / Co-op
--
The average home value in the 98856 ZIP code (Winthrop, Washington) is $449,188 as of February 2026. Home prices are declining, down 2.5% compared to last year.
A 3-bedroom home in 98856 is valued at $536,132. 1-bedroom units start around $385,657.
The market in 98856 has a $391,095 spread between bottom-tier homes at $304,212 and top-tier homes at $695,307. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Okanogan County market area in Washington. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Okanogan County report.
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Market Snapshot
98856 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $456,775 | $452,341 | $449,188 | ▼ 1.7% |
| Single Family Value | $454,938 | $453,588 | $452,079 | ▼ 0.6% |
Home Values
98856 Home Value Trend
Historical home values for ZIP code 98856. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 98856
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $385,657 |
| 2 Bedrooms | $455,878 |
| 3 Bedrooms | $536,132 |
Property Types
Home Values by Property Type in 98856
How different property types compare in this ZIP code.
All Homes
$449,188
Single Family
$452,079
Bottom Tier
$304,212
Top Tier
$695,307
Data Sources and Methodology
Home value data for ZIP code 98856 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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