How much is a home worth in ZIP code 98908?

The typical home in 98908 is worth $429,254, based on the Zillow Home Value Index.

Are home values rising in 98908?

Home values in 98908 are up 1.1% over the past year, and up 3.3% a year over five years.

What is the typical rent in 98908?

A typical home in 98908 rents for about $1,501 a month, a gross rental yield of 4.2%.

What is the property tax rate in 98908?

The effective property tax rate in 98908 is 0.8% — roughly $3,590 a year on a typical home.

ZIP code 98908 has a population of 38,060 and a median household income of $84,197.

HousingHandbookReference data

…

U.S. ZIP Code · WA98908

Yakima County · Yakima, WA

Typical home value

$429,254^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.1%
5-year / yr: +3.3%
10-year / yr: +6.5%

Relative price

vs U.S.: +51.1%
vs metro: +26.4%
vs state: -14.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98908 is worth $429,254 — 26.4% above the Yakima, WA median. Over the past year, values have risen 1.1%. Homes here rent for a typical $1,501 a month — a 4.2% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,501^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,590^[3]

#Climate risk

FEMA National Risk Index ratings for Yakima County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively High
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 38,060^[3]
Median household income: $84,197^[3]

#Migration

Household moves in and out of Yakima County over a year, from IRS tax-return data.

Net migration: -800^[5]
Moved in: 3,208
Moved out: 4,008

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 19
Elementary: 9
Middle: 3
High: 7

Eisenhower High School
High · Grades 9–12 · Yakima School District
2,315 students
West Valley High School
High · Grades 9–12 · West Valley School District (Yakima)
1,574 students
West Valley Mid-Level Campus
Middle · Grades 6–8 · West Valley School District (Yakima)
1,165 students
Wilson Middle School
Middle · Grades 6–8 · Yakima School District
837 students
Summitview Elementary
Elementary · Grades K–5 · West Valley School District (Yakima)
492 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$18,006

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,171

Loan principal$343,403

Down payment$85,851

Total interest paid$437,992

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.89

Monthly cost to own$2,829

Monthly rent$1,501

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 18th percentile^[1]
Rental yield: 25th percentile^[2]
Property tax: 76th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98908?: The typical home in 98908 is worth $429,254, based on the Zillow Home Value Index.
Are home values rising in 98908?: Home values in 98908 are up 1.1% over the past year, and up 3.3% a year over five years.
What is the typical rent in 98908?: A typical home in 98908 rents for about $1,501 a month, a gross rental yield of 4.2%.
What is the property tax rate in 98908?: The effective property tax rate in 98908 is 0.8% — roughly $3,590 a year on a typical home.
Who lives in 98908?: ZIP code 98908 has a population of 38,060 and a median household income of $84,197.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

98942 vs 98908 →
Selah, WA
Typical home
$441,002
Gross yield
4.6%
98903 vs 98908 →
Ahtanum CDP, WA
Typical home
$401,302
Gross yield
5.1%
98936
Moxee, WA
Typical home
$398,411
Gross yield
—
98953
Zillah, WA
Typical home
$383,449
Gross yield
—
98923
Cowiche CDP, WA
Typical home
$351,252
Gross yield
—
98947
Tieton, WA
Typical home
$349,627
Gross yield
—

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Pit ZIP 98908 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WA98908

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