98831 — Chelan County, Washington Market Snapshot
Housing market data for zip code 98831 in Chelan County, Washington. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$859,000
Days to Sell
28
Homes Sold
10
Inventory
49
Sale-to-List
98.8%
New Listings
46
Price/SqFt
$435
Pending Sales
15
Jumbo Loan Likely Needed
The median home in 98831 at $859,000 exceeds the 2026 conforming loan limit of $832,750 by $26,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
Homes in 98831 are moving quickly at 28 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 98831 (98.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 98831 at $859,000 exceeds the 2026 conforming loan limit of $832,750 by $26,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 98831 are set at the county level.
2026 Loan Limits — Chelan County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $586,500 |
| 2 Units | $1,066,250 | $750,800 |
| 3 Units | $1,288,800 | $907,550 |
| 4 Units | $1,601,750 | $1,127,900 |
Affordability Snapshot — Zip 98831
To purchase the median home at $859,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,731.
Monthly Payment
$6,731
Income Required
$288,488
Principal & Interest
$5,293/mo
Down Payment (5%)
$42,950
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 98831.
Estimated Monthly Payment
$5,466
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