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Home values, rents and more in ZIP code 98816 (Chelan, WA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$496,000
Metro: $518,000 · U.S.: $366,000
Home values, past year
−9.0%
Metro: +0.8% · U.S.: +1.2%
Typical rent
$1,688/mo
Metro: $1,756 · U.S.: $1,932
Population
7,752
ACS 2020–24
Median household income
$82,577
Metro: $81,938 · U.S.: $80,734
ZIP codes around 98816, shaded by typical home value9881698826988229885698858988409883098241988129881498852988139884698834
  • Under $280k
  • $280k–$410k
  • $410k–$470k
  • $470k–$530k
  • $530k+
  • No data
ZIP codes around 98816, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 98816 is outlined.

How 98816 compares

The typical home in ZIP code 98816 (Chelan, WA) is worth about $496,000, according to the Zillow Home Value Index for September 2026. Home values in 98816 are 4% below the typical value in the Wenatchee metro area ($518,000) and 35% above the U.S. typical value ($366,000).

Over the past year, home values in 98816 fell 9.0%, compared with +0.8% in the Wenatchee metro area and +1.2% nationally.

Typical rent is $1,688 a month (Zillow Observed Rent Index), 4% below the Wenatchee metro area ($1,756) and 13% below the U.S. ($1,932).

The median household income is $82,577, against $81,938 in the Wenatchee metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 7,752 people live in 98816 (American Community Survey 2020–24).

98816 has the 7th-highest typical home value of the 15 ZIP codes in the Wenatchee metro area and the 242nd-lowest of 484 in Washington with Zillow figures.

Part of: Chelan, WA · Chelan County, WA · Wenatchee metro area · Washington

More for 98816 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 98816 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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