Zip Code 98682

Vancouver, WAClark County

Real Estate Market Analysis

Q3 2025 Report
$520,000 (June 2025)
Median Home Value
~66,000 (2025 est.)
Population
$81,000 (2024 est.)
Median Income
Above average (GreatSchools: 6–7/10)
School District Rating

Market Statistics

Property Values

$520,000 (June 2025)
Median Home Value
$2,200–$2,400 (estimate, typical for Vancouver area)
Median Rent
$293 (June 2025)
Price per Sq Ft

Market Performance

Home Appreciation+2.2% YoY (June 2025); Zillow: +1.0% YoY (March 2025)
Market VelocityMedian days to pending: 10 days (March 2025)
Foreclosure RateLow; no significant spike reported

Area Information

Area SizeSuburban, northeast Vancouver
CountyClark
Primary CityVancouver

Housing Profile

Housing Statistics

Total Housing Units~17,000 (estimate for 98682)
Owner Occupied~65% (typical for Vancouver suburbs)
Rental Properties~35%
Vacant UnitsLow, <4% (tight market)
New ConstructionActive, especially in 3–5 bedroom homes

Housing Types

Single-family homesTownhomesSome multi-family

Demographics

~66,000 (2025 est.)
Population
36
Median Age
$81,000 (2024 est.)
Median Income
Strong; unemployment ~4.2% (Clark County, 2025)
Employment Rate
High school grad+: 92%; Bachelor’s+: 28%
Education Levels
Predominantly families with children, some young professionals
Family Composition

Education Quality

School District Performance

Above average (GreatSchools: 6–7/10)
District Rating
School DistrictEvergreen School District
Test ScoresSlightly above state average
Graduation Rates~87%

Schools in Area

  • Heritage High School
  • Covington Middle School
  • Sifton Elementary
  • Other Evergreen SD schools

Economic Factors

Employment & Business

Job Growth+1.8% YoY (2025, Clark County)
Unemployment Rate~4.2%
Business EnvironmentGrowing; strong retail, healthcare, and tech presence
Commercial ActivityExpanding retail, logistics, and light industrial

Major Employers

  • PeaceHealth
  • Vancouver Public Schools
  • Fred Meyer
  • WaferTech
  • Clark College

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • SR-500
  • I-205
  • C-TRAN bus service

Utilities & Services

  • Clark Public Utilities (electric/water)
  • NW Natural (gas)

Quality of Life

Safety & Environment

Moderate; property crime slightly above national average, violent crime below average

Good air quality, low pollution

Healthcare Access

  • PeaceHealth Southwest Medical Center
  • Kaiser Permanente clinics

Development Trends

Planned Developments

  • New subdivisions in NE Vancouver
  • Mixed-use retail/residential projects

Infrastructure Projects

  • Road widening on NE 119th St
  • Transit improvements

Investment Outlook

Growth Outlook

Continued moderate growth, especially in family housing

Investment Opportunities

  • New construction
  • Value-add single-family rentals
  • Small multifamily

Marketing Intelligence

Target Demographics

  • Young families
  • Move-up buyers
  • Remote workers relocating from Portland

Competitive Advantages

  • Lower prices than Portland metro
  • Strong schools
  • Newer housing stock

Pricing Strategies

Competitive pricing just below Portland suburbs; incentives for quick close

Common Objections & Response Strategies

Objection: Prices seem high compared to previous years.

Response Strategy:

Emphasize continued appreciation, low inventory, and strong demand.

Objection: Property taxes are higher than expected.

Response Strategy:

Highlight quality schools, services, and lower taxes than Portland proper.

Objection: Commute to Portland is a concern.

Response Strategy:

Showcase remote work options, C-TRAN express routes, and proximity to I-205.

Professional Recommendations

1

Advise buyers to act quickly due to low days on market.

2

Highlight new construction and builder incentives.

3

Target marketing to Portland-area relocators and remote workers.

4

Educate sellers on realistic pricing and staging for maximum return.

5

Network with local builders for early access to new developments.

Competitive Analysis

Comparable Markets

  • 98661 (central Vancouver)
  • 98684 (east Vancouver)
  • Portland, OR suburbs

Market Positioning

Family-friendly, growth-oriented, affordable alternative to Portland

Competitive Advantages

  • Newer homes, better schools, lower crime than central Vancouver

Price Comparison

Slightly below Vancouver median ($503,122) and Portland suburbs

Investment Metrics

~5.2% (single-family rental, 2025 est.)
Cap Rates
~6.1% gross yield
Rental Yields
~19–20
Price-to-Rent
Positive for well-priced rentals, especially new construction
Cash Flow
2–4% annual (2025–2026)
Appreciation

Buyer Journey Insights

First-Time Buyers

Tight inventory; need pre-approval and quick offers. FHA/VA options available.

Move-Up Buyers

Many 3–5 bedroom homes; can leverage equity from previous sale.

Downsizers

Limited townhome/condo options; some new builds cater to this group.

Investors

Strong rental demand; focus on new construction or value-add properties.

Relocators

Appealing for Portland transplants; emphasize schools, amenities, and commute.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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