Real Estate Investing in Loon Lake, Washington

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,381 • Stevens County

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Should you buy in Loon Lake, WA? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 49.6% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Loon Lake, WA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.8% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $426,021
Avg Monthly Rent $1,170
ZIP Codes 1

Investing in Loon Lake Real Estate

Loon Lake (Washington) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Investors considering Loon Lake, WA should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in Loon Lake are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Washington.

A an established population with $N/AK household income profile is what makes Loon Lake a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Spokane-Spokane Valley, WA

Loon Lake is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$426,021
Avg Monthly Rent
$1,170
1% Rule
✗ Below
Landlord Friendly (WA)

ZIP Codes in Loon Lake, WA

Screen every ZIP in Loon Lake

Filter Loon Lake’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Loon Lake, WA

What does house hacking look like in Loon Lake, WA?

Loon Lake, WA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $426K price point reasonable to enter.

What kind of market is Loon Lake, WA for investors?

The 3.0/5 investability rating in Loon Lake, WA reflects its $426K prices and $1,170/mo rents. Investors generally consider it a solid option within WA.

Are homes affordable in Loon Lake, WA?

Homes in Loon Lake, WA typically sell near $426K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

Do landlords face vacancy issues in Loon Lake, WA?

Loon Lake, WA sees elevated vacancy, which is reasonable relative to the broader WA rental market.

Are eviction rules reasonable in Loon Lake, WA?

The landlord environment in Loon Lake, WA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.

Community Ratings

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