HousingHandbookReference data

U.S. ZIP Code · WA98923

Yakima County · Yakima, WA

Typical home value

$351,252[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.6%
5-year / yr
+2.3%
10-year / yr
+6.5%

Relative price

vs U.S.
+23.7%
vs metro
+3.4%
vs state
-30.2%
ZIP 98923 location in WA
Location of ZIP 98923 in WA

Price history

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

The typical home in 98923 is worth $351,252 — 3.4% above the Yakima, WA median. Over the past year, values have risen 0.6%. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$3,592[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
994[3]
Median household income
$47,776[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
3
Elementary
1
Middle
1
High
1
  • Highland High School

    High · Grades 9–12 · Highland School District

    364 students

  • Marcus Whitman-Cowiche Elementary

    Elementary · Grades PK–2 · Highland School District

    281 students

  • Highland Middle School

    Middle · Grades 6–8 · Highland School District

    253 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$1,776
Loan principal$281,002
Down payment$70,250
Total interest paid$358,402

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.

Own : rent ratio
Monthly cost to own$2,367
Monthly rent

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
0th percentile[1]
Rental yield
[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 98923?
The typical home in 98923 is worth $351,252, based on the Zillow Home Value Index.
Are home values rising in 98923?
Home values in 98923 are up 0.6% over the past year, and up 2.3% a year over five years.
What is the property tax rate in 98923?
The effective property tax rate in 98923 is 1.0% — roughly $3,592 a year on a typical home.
Who lives in 98923?
ZIP code 98923 has a population of 994 and a median household income of $47,776.

#Comparable ZIPs

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

  • Tieton, WA

    Typical home
    $349,627
    Gross yield
  • Sunnyside, WA

    Typical home
    $346,122
    Gross yield
  • Grandview, WA

    Typical home
    $341,261
    Gross yield
  • Terrace Heights CDP, WA

    Typical home
    $337,822
    Gross yield
    3.6%
  • Cliffdell CDP, WA

    Typical home
    $325,680
    Gross yield
  • Zillah, WA

    Typical home
    $383,449
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 98923 against any other ZIP — full side-by-side table.

Compare 98923

#Jump to section