Real Estate Investing in Brewster, Washington (98812)

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

Okanogan County • Population: 5,188 • Data updated: September 2026

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Should you buy in 98812 (Brewster, WA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

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
3 flags
  • High vacancy: 14.4% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • Elevated poverty: 20.8% poverty rate — can affect rent collection.

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

What’s happening in Brewster, WA (98812)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $325,276
Avg Monthly Rent $1,206
1% Rule ✗ Does Not Meet
Median Income $59,269
% Renters 51.8%

Market Analysis: 98812 Brewster

This part of Okanogan County is not an easy win. The 98812 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The investment case in 98812 is sturdy only for operators who understand what they are buying. A $325K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 98812 among WA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

The demographic picture in 98812 includes headwinds that any investor should price in. Income distribution skews lower than Brewster averages, and tenant stability requires active management.

Strategy in 98812 is an operator game, not a passive one. On balance, entry prices of $325K are inviting, the management lift is real and non-optional.

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 Brewster:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
9/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.5× the median income
Value Trend
Rising (+6.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,206/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Wenatchee, WA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.7%
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 Wenatchee, WA metro data
🏠

Property Strategy for 98812

Which property type performs best in this market?

Best for Cash Flow
3BR
4.0% cap rate
Best for Appreciation
2BR
+7.8% 5yr CAGR
Best Overall Value
3BR
$110,964/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $256,289 $1,340 3.8% +7.8% $128,145
3BR $332,892 $1,860 4.0% +6.9% $110,964
4BR $460,135 $2,200 3.4% +6.7% $115,034

Market Trends

Home Value History (with trend line)

$340K$297K$255K$212K$169K$126KJan 2009Oct 2017Jul 2026

📊 How Does 98812 Compare?

Metric 98812 Brewster Wenatchee, WA Washington
Home Value $325,276 $325,276 N/A $591,536
5-Year CAGR 3.3% 3.3% N/A 5.9%
Avg Rent $1,206 $1,206 N/A -
Cap Rate 2.9% 2.9% - -
💡 Why Invest in 98812? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

52% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 98812 (Brewster, WA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+3.3%
Moderate

📉 Market Crash Risk Index

Based on Wenatchee, WA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
52%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $325,276
Monthly Rent $1,206
Price-to-Rent 22.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.5%
Cap Rate 2.9%
5-Year IRR 6.2%

📈 Home Appreciation

1-Year +6.4% ▲
3-Year CAGR +2.1% ▲
5-Year CAGR +3.3% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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
14.4%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+3.3%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 98812

Population: 5,188

💰 Median Household Income
$59,269
This area
$59,269
State
$83,286
USA
$74,580
🏠 Renter Occupied
51.8%
This area
51.8%
State
29.3%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-13.7%
USA
3.7%
🎓 College Educated
9.8%
This area
9.8%
State
10.6%
USA
33.7%
👤 Median Age
29.7 years
This area
29.7 years
State
10.2 years
USA
38.9 years
🏚️ Vacancy Rate
14.4%
This area
14.4%
State
14.9%
USA
10.5%
👥 Population by Ethnicity
Other/Mixed 57.2%
Hispanic/Latino 52.8%
White 40.8%
Black/African American 1.8%
Asian 0.2%
👶 Under 18
31.8%
This area
31.8%
USA
22.0%
👴 65 and Over
11.6%
This area
11.6%
USA
17.3%
📊 Poverty Rate
20.8%
This area
20.8%
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 98812

B+ Avg School Grade
4 Schools
17.9:1 Avg Class Size
$30,291 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Brewster Elementary School

📚 Pre-K – 05 Elementary
👥
434 Students
👨‍🏫
13.1:1 Class Size
💰
$30,291 Per Student
A Very Good

Brewster High School

📚 09 – 12 High School
👥
331 Students
👨‍🏫
21.2:1 Class Size
💰
$30,291 Per Student
B Good

Brewster Alternative School

📚 09 – 12 High School
👥
9 Students
👨‍🏫
14.5:1 Class Size
💰
$30,291 Per Student
B Good

Brewster Middle School

📚 06 – 08 Middle
👥
241 Students
👨‍🏫
22.7:1 Class Size
💰
$30,291 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

Is Brewster, WA a good market for buy-and-hold investors?

Brewster, WA posts an investability rating of 3.0/5, with median home values near $325K and average rents around $1,206/mo. That combination puts it in the robust tier for investor interest.

What strategy should investors use in Brewster, WA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Brewster, WA. The numbers - $325K homes against $1,206/mo rents - support that play.

Where do rents currently stand in Brewster, WA?

Rental rates in Brewster, WA average $1,206/mo. Tenant demand and $325K home values make the yield look reasonable by investor standards.

What is the median home value in Brewster, WA?

In Brewster, WA the median home value sits at $325K. Against the broader WA market, that reads as reasonable for most investors.

What kind of vacancy should I budget for in Brewster, WA?

Vacancy in Brewster, WA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,206/mo.

You know 98812 now. You don’t know where it ranks.

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How 98812 ranks in Wenatchee, WA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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