Shelton, WA Metro Area - Investment Guide
Metro Area • 7 Cities • 8 ZIP Codes
Avg Home Value
$476,124
Avg Monthly Rent
$1,387
Avg Cap Rate
2.34%
Avg Investability
2.5 ★
Cities
7
ZIP Codes
8
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Shelton, WA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
10.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Shelton, WA
Every ZIP in the metro, ranked four ways. Free.
Cities in Shelton, WA
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 98524 | Allyn | WA | $538,642 | $1,188 | 1.72% | |
| 98528 | Belfair | WA | $484,230 | $2,199 | 3.54% | |
| 98584 | Shelton | WA | $428,897 | $1,553 | 2.82% | |
| 98546 | Grapeview | WA | $615,674 | $1,206 | 1.53% | |
| 98588 | Tahuya | WA | $440,565 | $1,341 | 2.37% | |
| 98548 | Hoodsport | WA | $355,986 | $1,215 | 2.66% | |
| 98555 | Lilliwaup | WA | $372,160 | $1,215 | 2.55% | |
| 98584 | Shelton | WA | $420,300 | $1,699 | 3.15% | |
| 98528 | Belfair | WA | $491,479 | $2,337 | 3.71% | |
| 98588 | Tahuya | WA | $426,749 | $1,341 | 2.45% | |
| 98546 | Grapeview | WA | $624,787 | $1,206 | 1.51% | |
| 98592 | Shelton | WA | $524,106 | $1,206 | 1.79% | |
| 98548 | Hoodsport | WA | $357,076 | $1,215 | 2.65% | |
| 98555 | Lilliwaup | WA | $374,220 | $1,215 | 2.53% | |
| 98524 | Allyn | WA | $538,642 | $1,188 | 1.72% | |
| 98584 | Shelton | WA | $428,199 | $1,529 | 2.79% | |
| 98528 | Belfair | WA | $484,230 | $2,199 | 3.54% | |
| 98546 | Grapeview | WA | $615,674 | $1,206 | 1.53% | |
| 98588 | Tahuya | WA | $439,379 | $1,341 | 2.38% | |
| 98548 | Hoodsport | WA | $355,986 | $1,215 | 2.66% | |
| 98555 | Lilliwaup | WA | $372,160 | $1,215 | 2.55% | |
| 98584 | Shelton | WA | $420,300 | $1,699 | 3.15% | |
| 98524 | Allyn | WA | $540,557 | $1,188 | 1.71% | |
| 98528 | Belfair | WA | $489,846 | $2,100 | 3.34% | |
| 98588 | Tahuya | WA | $426,749 | $1,341 | 2.45% | |
| 98546 | Grapeview | WA | $618,200 | $1,206 | 1.52% | |
| 98592 | Shelton | WA | $524,106 | $1,206 | 1.79% | |
| 98548 | Hoodsport | WA | $356,601 | $1,215 | 2.66% | |
| 98555 | Lilliwaup | WA | $376,181 | $1,215 | 2.52% | |
| 98584 | Shelton | WA | $426,106 | $1,663 | 3.04% | |
| 98528 | Belfair | WA | $493,858 | $2,134 | 3.37% | |
| 98588 | Tahuya | WA | $434,501 | $1,341 | 2.41% | |
| 98592 | Shelton | WA | $523,368 | $1,206 | 1.80% | |
| 98548 | Hoodsport | WA | $358,560 | $1,215 | 2.64% | |
| 98524 | Allyn | WA | $531,453 | $1,188 | 1.74% | |
| 98528 | Belfair | WA | $479,402 | $2,199 | 3.58% | |
| 98584 | Shelton | WA | $430,237 | $1,590 | 2.88% | |
| 98546 | Grapeview | WA | $603,540 | $1,206 | 1.56% | |
| 98588 | Tahuya | WA | $444,382 | $1,341 | 2.35% | |
| 98548 | Hoodsport | WA | $348,691 | $1,215 | 2.72% | |
| 98555 | Lilliwaup | WA | $369,070 | $1,215 | 2.57% | |
| 98584 | Shelton | WA | $416,963 | $1,726 | 3.23% | |
| 98528 | Belfair | WA | $491,858 | $2,337 | 3.71% | |
| 98588 | Tahuya | WA | $420,723 | $1,341 | 2.49% | |
| 98592 | Shelton | WA | $517,097 | $1,206 | 1.82% | |
| 98548 | Hoodsport | WA | $357,235 | $1,215 | 2.65% | |
| 98555 | Lilliwaup | WA | $376,775 | $1,215 | 2.52% | |
| 98592 | Shelton | WA | $526,712 | $1,206 | 1.79% | |
| 98524 | Allyn | WA | $540,930 | $1,188 | 1.71% | |
| 98592 | Shelton | WA | $525,269 | $1,206 | 1.79% |
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About Shelton, WA Real Estate Market
The Shelton, WA metropolitan statistical area (MSA) encompasses 7 cities and 8 ZIP codes. The average home value across the metro is $476,124, with an average monthly rent of $1,387. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.