Metro area index
Home appreciation in the Walla Walla, WA metro area
FHFA HPI® data shows the Walla Walla, WA metro area's all-transactions index changed +1.2% over the year to Q2 2026, versus +1.1% for Washington and +3.0% for the U.S. That ranks 309th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +1.2%
- 5-year change
- +33.1%
- Since Q1 1995
- +339%
- Metro rank (1 year)
- 309th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Walla Walla, WA vs Washington and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Walla Walla, WA: 438.8
- Washington: 486.5
- United States: 391.6
Appreciation by time window
| Window | Metro | WA | U.S. | Gap vs WA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.2% | +1.1% | +3.0% | +0.2 pts | −1.8 pts |
| 3 years | +11.1% | +8.2% | +12.9% | +2.8 pts | −1.8 pts |
| 5 years | +33.1% | +29.7% | +41.3% | +3.3 pts | −8.2 pts |
| 10 years | +107% | +105% | +93.3% | +2.1 pts | +13.7 pts |
| Since Q1 1995 | +339% | +387% | +292% | −47.7 pts | +47.2 pts |
3-digit ZIP regions in the Walla Walla, WA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 993 · Kennewick, WA area | WA | +2.0% | +33.4% | +293% | 17% |
Boom, bust, and recovery in Walla Walla, WA area
Walla Walla, WA area's index peaked in Q1 2008, fell 11.8% to its low in Q2 2012, and regained its peak in Q1 2016, about 8 years after the top. Today it sits +112% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2008 | Q2 2012 | -11.8% | Q1 2016 (8 yrs) | +112% |
| WA | Q4 2007 | Q2 2012 | -25.2% | Q2 2016 (8.5 yrs) | +106% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Walla Walla, WA area's index has changed +98.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | WA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -2.5% | -2.7% | -0.8% |
| 3 years | +9.8% | +1.2% | -1.4% | +2.8% |
| 5 years | +24.0% | +7.3% | +4.6% | +13.9% |
| 10 years | +39.1% | +48.8% | +47.3% | +39.0% |
| Since Q1 1995 | +121% | +98.2% | +120% | +76.8% |
If you bought in the Walla Walla, WA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +331% | $1,293,896 |
| Q2 2000 | +277% | $1,132,479 |
| Q2 2005 | +173% | $820,317 |
| Q2 2010 | +128% | $683,391 |
| Q2 2015 | +119% | $656,335 |
| Q2 2020 | +58.9% | $476,568 |
| Q2 2021 | +33.1% | $399,211 |
| Q2 2023 | +11.1% | $333,261 |
| Q2 2025 | +1.2% | $303,710 |
Frequently asked questions
- How much have home prices risen in the Walla Walla, WA area?
- FHFA HPI® data for the Walla Walla, WA metro area shows changes of +1.2% over one year, +33.1% over five years, and +107% over ten years to Q2 2026, and +339% since Q1 1995.
- Is the Walla Walla, WA area beating the national average?
- Over the past year the metro's index moved −1.8 pts versus the U.S.; over five years the gap is −8.2 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.