Home values, rents and more in ZIP code 98851 (Soap Lake, WA)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 98851 in ProMap- Under $240k
- $240k–$290k
- $290k–$310k
- $310k–$350k
- $350k+
- No data
How 98851 compares
The typical home in ZIP code 98851 (Soap Lake, WA) is worth about $300,000, according to the Zillow Home Value Index for September 2026. Home values in 98851 are 16% below the typical value in the Moses Lake metro area ($355,000) and 18% below the U.S. typical value ($366,000).
Over the past year, home values in 98851 fell 0.5%, compared with −0.4% in the Moses Lake metro area and +1.2% nationally.
The median household income is $63,333, against $73,267 in the Moses Lake metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 4,437 people live in 98851 (American Community Survey 2020–24).
98851 has the 3rd-lowest typical home value of the 9 ZIP codes in the Moses Lake metro area and the 56th-lowest of 484 in Washington with Zillow figures.
Part of: Soap Lake, WA · Grant County, WA · Moses Lake metro area · Washington
More for 98851 in ProMap Plus
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- 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
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.