ZIP Code 98862 — Winthrop, WA Home Prices (2026)

The typical home in ZIP 98862 (Winthrop, Washington) is worth about $621,000 at roughly $441 per square foot — about the same as the Winthrop median and 111% more expensive than the typical U.S. home.

$621,000

Typical home value

$441

Price per sq ft

#2 of 3

Winthrop ZIPs by value

+0%

vs Winthrop median

How 98862 compares

ZIP 98862 is a mid-priced ZIP code for Winthrop: its typical home value of $621,000 ranks #2 of the 3 Winthrop ZIP codes we track (the citywide range runs from $466,000 in 98856 to $678,000 in 98833). Per square foot it costs about $441, against $441 for Winthrop as a whole, $317 for Washington, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 98862	$621,000	$441
Winthrop, WA	$621,000	$441
Washington	$519,500	$317
United States	$294,000	$195

Home value by size in 98862

Using this ZIP’s rate of about $441 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$441,000
1,500 sq ft	$661,500
2,000 sq ft	$882,000
2,500 sq ft	$1,102,500
3,000 sq ft	$1,323,000

Salary needed to buy a home in ZIP 98862

To buy the typical $621,000 home in ZIP 98862 with 20% down, you need a household income of roughly $169,000 a year (about $3,940 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $201,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$31,100	$4,900/mo	$210,000/yr
10% (+PMI)	$62,100	$4,680/mo	$201,000/yr
20%	$124,200	$3,940/mo	$169,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 98862

At about $441 per square foot, here is roughly how much home different budgets get you in ZIP 98862:

Budget	Approx. size	What that looks like locally
$300k	680 sq ft	below the local median — condos, smaller or older homes
$400k	910 sq ft	below the local median — condos, smaller or older homes
$500k	1130 sq ft	around the typical home here
$600k	1360 sq ft	around the typical home here
$750k	1700 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 98862 home.

Estimate a specific home in 98862

The estimator below is pre-set to ZIP 98862 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Winthrop ZIP codes by home value

Where 98862 sits among Winthrop’s 3 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	98833	$678,000	$712
2	98862 (this page)	$621,000	$441
3	98856	$466,000	$392

ZIP 98862 home prices: frequently asked

What is the average home price in ZIP code 98862? +

The typical home in ZIP 98862 (Winthrop, WA) is worth about $621,000 as of 2026. That is about the same as the Winthrop median of $621,000 and 111% more expensive than the U.S. median of $294,000.

What is the price per square foot in 98862? +

About $441 per square foot in 98862, versus $441 across Winthrop and $317 across Washington. At that rate a 1,500 sq ft home runs roughly $661,500 and a 2,500 sq ft home about $1,102,500.

What salary do you need to buy a house in ZIP 98862? +

For the typical $621,000 home in ZIP 98862, a household income of about $169,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $201,000; with 5% down about $210,000.

Is 98862 an expensive ZIP code? +

Within Winthrop, 98862 ranks #2 of 3 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Winthrop. Nationally it is relatively expensive.

See the full Winthrop home values page, all Washington cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.