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Buying a home in Coulee City, Washington

The typical owner-occupied home in Coulee City is worth about $165,500, 71% below the Washington median of $564,600 and 50% below the national median of $332,700. Owners pay a median $1,346 a year in property taxes, about 0.81% of their home's value, close to the Washington rate of 0.81%. The median household earns $61,250 a year, so the median home costs 2.7 times the median income (5.8 times for Washington). 73% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.

Coulee City at a glance

Coulee City Washington U.S.
Median home value $165,500 $564,600 $332,700
Median property tax paid per year $1,346 $4,556 $3,119
Property tax as a share of value 0.81% 0.81% 0.94%
Median household income $61,250 $98,141 $80,734
Homes lived in by their owners 73% 64% 65%
Owner homes with a mortgage 42% 66% 61%
Median monthly costs, owners with a mortgage $1,260 $2,445 $1,963
Those costs as a share of the owners' income 14.8% 22.2% 21.0%
Median rent $784 $1,760 $1,413
Rent as a share of renters' income 24.9% 30.0% 30.6%
Median year homes were built 1938 1985 1980
Vacant homes 27.9% 7.3% 10.1%
Population 439 7,816,116 334,922,499

What a typical home costs per month in Coulee City

At this week's average 30-year rate of 7.11%, buying the median Coulee City home of $165,500 with 20% down costs about $1,071 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,347, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $45,914 for the 20%-down payment. That payment is 21% of the median Coulee City household income of $61,250; at that income and 20% down, the 28% guideline points to a home of about $221,000.

The median rent here is $784 a month, so owning the median home costs about $287 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$33,100
Loan amount$132,400
Principal and interest$891
Property taxes (0.81% a year)$112
Homeowners insurance (our estimate, 0.5% a year)$69
PMI$0
Total per month$1,071

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3.5% down, 30-year FHA loan
Down payment$5,792
Loan amount$162,502
Principal and interest$1,093
Property taxes (0.81% a year)$112
Homeowners insurance (our estimate, 0.5% a year)$69
FHA mortgage insurance$73
Total per month$1,347

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Questions about home buying in Coulee City

What is the median home value in Coulee City?

About $165,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Coulee City?

Homeowners pay a median $1,346 a year, which is about 0.81% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Coulee City?

For the median home with 20% down at 7.11%, the payment is about $1,071 a month. Keeping that under 28% of gross income takes about $45,914 a year.

More about Coulee City

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data