Real Estate Investing in Clallam Bay, Washington (98326)

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

Clallam County • Population: 1,159 • Data updated: September 2026

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Should you buy in 98326 (Clallam Bay, WA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (30/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 11.8% vacancy may signal weakening demand.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Clallam Bay, WA (98326)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $287,286
Avg Monthly Rent $1,017
1% Rule ✗ Does Not Meet
Median Income $44,321
% Renters 47.6%

Market Analysis: 98326 Clallam Bay

Stepping back, ZIP 98326 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $287K median. It rewards specialists, not generalists.

The 98326 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Meanwhile, 98326 offers a low basis, the region around Clallam Bay has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Employment concentration in 98326 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

New investors are better served looking at Clallam Bay's stable or hybrid ZIPs before stepping into 98326. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Clallam Bay:

C Below Average
Buy Confidence Score: 59/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.5× the median income
Value Trend
Rising (+6.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,017/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Port Angeles, WA Metro Area
More inventory, negotiating room for buyers
63 days
Average time to sell
Slow
9.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Port Angeles, WA metro data

Market Trends

Home Value History (with trend line)

$296K$287K$277K$268K$258K$249KFeb 2022May 2024Jul 2026

📊 How Does 98326 Compare?

Metric 98326 Clallam Bay Port Angeles, WA Washington
Home Value $287,286 $287,286 N/A $591,536
5-Year CAGR N/A N/A N/A 5.9%
Avg Rent $1,017 $1,017 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 98326? Click to expand

A healthy rental market with 48% renter-occupied households ensures tenant availability.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 98326 (Clallam Bay, WA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.8%
Low

📉 Market Crash Risk Index

Based on Port Angeles, WA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
50%
Days Pending
2/2
63 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $287,286
Monthly Rent $1,017
Price-to-Rent 23.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +6.1% ▲
3-Year CAGR +3.3% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
11.8%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
N/A
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 98326

Population: 1,159

💰 Median Household Income
$44,321
This area
$44,321
State
$83,286
USA
$74,580
🏠 Renter Occupied
47.6%
This area
47.6%
State
29.3%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-13.7%
USA
3.7%
🎓 College Educated
12.4%
This area
12.4%
State
10.6%
USA
33.7%
👤 Median Age
38.3 years
This area
38.3 years
State
10.2 years
USA
38.9 years
🏚️ Vacancy Rate
11.8%
This area
11.8%
State
14.9%
USA
10.5%
👥 Population by Ethnicity
White 65.9%
Other/Mixed 25.5%
Hispanic/Latino 15.3%
Black/African American 7.0%
Asian 1.6%
👶 Under 18
17.6%
This area
17.6%
USA
22.0%
👴 65 and Over
14.2%
This area
14.2%
USA
17.3%
📊 Poverty Rate
5.1%
This area
5.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 98326

A+ Avg School Grade
1 Schools
10.8:1 Avg Class Size
$28,040 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Clallam Bay High & Elementary

📚 K – 12 K-12
👥
119 Students
👨‍🏫
10.8:1 Class Size
💰
$28,040 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

What is the average monthly rent in Clallam Bay, WA?

Average rent in Clallam Bay, WA is approximately $1,017/mo per month. Against $287K home values that yields a reasonable rent-to-price ratio.

How qualified is the tenant pool in Clallam Bay, WA?

Tenant quality in Clallam Bay, WA ranks as solid. Landlords generally report consistent occupancy at market rents of $1,017/mo.

Is Clallam Bay, WA a good place for real estate investing?

Clallam Bay, WA scores 2.0/5 for investability. Home values sit at $287K and rents near $1,017/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Do rentals sit vacant long in Clallam Bay, WA?

Clallam Bay, WA sees elevated vacancy, which is reasonable relative to the broader WA rental market.

Is housing expensive in Clallam Bay, WA?

Homes in Clallam Bay, WA typically sell near $287K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

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How 98326 ranks in Port Angeles, WA

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