Home Value Trail

Metro areas › Moses Lake, WA

Micropolitan area

Moses Lake, WA

Washington · 1 county · 105,727 residents (2025 est.)

FHFA annual index 1976–2025Developmental CBSA indexPermits through August 2026
FHFA house price index for Moses Lake, WA, annual from 1976 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,000
Moses Lake (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its annual CBSA indexes as developmental and subject to revision. The index does not give a dollar value for any home.

The Moses Lake, WA micropolitan area covers 1 county. Its FHFA house price index, starting in 1976, stood at 1000 in 2025, +899.9% above the base of 100.

Over the ten years to 2025 the annual index rose +109.4% (+7.7% a year), close to Washington at +113.0% and well above the national +85.0%.

From a 2008 peak the index fell −12.8% to 2013, regaining the peak in 2017.

Across its counties, 400 housing units were authorised in the 12 months to August 2026, 3.8 per 1,000 residents, −20.8% on the previous 12 months.

+0.7%1 year, 2024–2025US +2.8%
+54.1%5 yearsUS +47.0%
+109.4%10 years+7.7% a year annualised
+210.2%since 2000US +158.3%
400units permitted, 12 months3.8 per 1,000 residents

Same span, three levels

Change in the FHFA indexMoses LakeWashingtonUnited States
1 year (2024–2025)+0.7%+1.8%+2.8%
5 years (2020–2025)+54.1%+43.9%+47.0%
10 years (2015–2025)+109.4%+113.0%+85.0%
20 years (2005–2025)+159.1%+137.3%+79.1%
Since 2000+210.2%+238.6%+158.3%
Since 1976+899.9%+1536.4%+880.8%
10-year annualised+7.7%+7.9%+6.3%
20-year annualised+4.9%+4.4%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+31.4%+68.2%
1990s (1990–2000)+63.7%+33.9%
2000s (2000–2010)+48.0%+29.7%
2010s (2010–2020)+36.0%+35.5%
2020s so far (2020–2025)+54.1%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1976 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1976 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
19801982−19.9%1983
20082013−12.8%2017
19851987−9.0%1991

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Moses Lake, WA area by month, latest 12 months0204060Sep 2025: 24 units (22 single-family, 2 in multi-unit buildings)Sep 2025Oct 2025: 31 units (27 single-family, 4 in multi-unit buildings)Oct 2025Nov 2025: 37 units (31 single-family, 6 in multi-unit buildings)Nov 2025Dec 2025: 33 units (25 single-family, 8 in multi-unit buildings)Dec 2025Jan 2026: 30 units (26 single-family, 4 in multi-unit buildings)Jan 2026Feb 2026: 36 units (32 single-family, 4 in multi-unit buildings)Feb 2026Mar 2026: 47 units (39 single-family, 8 in multi-unit buildings)Mar 2026Apr 2026: 41 units (33 single-family, 8 in multi-unit buildings)Apr 2026May 2026: 29 units (25 single-family, 4 in multi-unit buildings)May 2026Jun 2026: 33 units (29 single-family, 4 in multi-unit buildings)Jun 2026Jul 2026: 29 units (25 single-family, 4 in multi-unit buildings)Jul 2026Aug 2026: 30 units (23 single-family, 7 in multi-unit buildings)Aug 2026

Housing units authorised in the Moses Lake, WA area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Moses Lake, WA area by month, latest 60 months050100150Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 33 units (24 single-family, 9 in multi-unit buildings)Feb 2022: 65 units (50 single-family, 15 in multi-unit buildings)Mar 2022: 97 units (72 single-family, 25 in multi-unit buildings)Apr 2022: 61 units (53 single-family, 8 in multi-unit buildings)May 2022: 56 units (41 single-family, 15 in multi-unit buildings)Jun 2022: 53 units (42 single-family, 11 in multi-unit buildings)Jul 2022: 66 units (40 single-family, 26 in multi-unit buildings)Aug 2022: 61 units (57 single-family, 4 in multi-unit buildings)Sep 2022: 49 units (49 single-family, 0 in multi-unit buildings)Sep 2022Oct 2022: 67 units (36 single-family, 31 in multi-unit buildings)Nov 2022: 29 units (23 single-family, 6 in multi-unit buildings)Dec 2022: 29 units (20 single-family, 9 in multi-unit buildings)Jan 2023: 43 units (32 single-family, 11 in multi-unit buildings)Feb 2023: 30 units (19 single-family, 11 in multi-unit buildings)Mar 2023: 37 units (28 single-family, 9 in multi-unit buildings)Apr 2023: 37 units (35 single-family, 2 in multi-unit buildings)May 2023: 38 units (36 single-family, 2 in multi-unit buildings)Jun 2023: 36 units (32 single-family, 4 in multi-unit buildings)Jul 2023: 52 units (34 single-family, 18 in multi-unit buildings)Aug 2023: 57 units (46 single-family, 11 in multi-unit buildings)Sep 2023: 31 units (27 single-family, 4 in multi-unit buildings)Sep 2023Oct 2023: 37 units (37 single-family, 0 in multi-unit buildings)Nov 2023: 20 units (20 single-family, 0 in multi-unit buildings)Dec 2023: 31 units (31 single-family, 0 in multi-unit buildings)Jan 2024: 27 units (27 single-family, 0 in multi-unit buildings)Feb 2024: 47 units (25 single-family, 22 in multi-unit buildings)Mar 2024: 43 units (41 single-family, 2 in multi-unit buildings)Apr 2024: 37 units (31 single-family, 6 in multi-unit buildings)May 2024: 34 units (30 single-family, 4 in multi-unit buildings)Jun 2024: 79 units (42 single-family, 37 in multi-unit buildings)Jul 2024: 38 units (34 single-family, 4 in multi-unit buildings)Aug 2024: 47 units (43 single-family, 4 in multi-unit buildings)Sep 2024: 102 units (100 single-family, 2 in multi-unit buildings)Sep 2024Oct 2024: 42 units (40 single-family, 2 in multi-unit buildings)Nov 2024: 39 units (35 single-family, 4 in multi-unit buildings)Dec 2024: 24 units (22 single-family, 2 in multi-unit buildings)Jan 2025: 40 units (38 single-family, 2 in multi-unit buildings)Feb 2025: 32 units (27 single-family, 5 in multi-unit buildings)Mar 2025: 47 units (45 single-family, 2 in multi-unit buildings)Apr 2025: 43 units (37 single-family, 6 in multi-unit buildings)May 2025: 33 units (29 single-family, 4 in multi-unit buildings)Jun 2025: 43 units (35 single-family, 8 in multi-unit buildings)Jul 2025: 29 units (25 single-family, 4 in multi-unit buildings)Aug 2025: 31 units (29 single-family, 2 in multi-unit buildings)Sep 2025: 24 units (22 single-family, 2 in multi-unit buildings)Sep 2025Oct 2025: 31 units (27 single-family, 4 in multi-unit buildings)Nov 2025: 37 units (31 single-family, 6 in multi-unit buildings)Dec 2025: 33 units (25 single-family, 8 in multi-unit buildings)Jan 2026: 30 units (26 single-family, 4 in multi-unit buildings)Feb 2026: 36 units (32 single-family, 4 in multi-unit buildings)Mar 2026: 47 units (39 single-family, 8 in multi-unit buildings)Apr 2026: 41 units (33 single-family, 8 in multi-unit buildings)May 2026: 29 units (25 single-family, 4 in multi-unit buildings)Jun 2026: 33 units (29 single-family, 4 in multi-unit buildings)Jul 2026: 29 units (25 single-family, 4 in multi-unit buildings)Aug 2026: 30 units (23 single-family, 7 in multi-unit buildings)

Housing units authorised in the Moses Lake, WA area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Moses Lake, WA area by year, 1995–202505001,0001995: 307 units (307 single-family, 0 in multi-unit buildings)19951996: 233 units (233 single-family, 0 in multi-unit buildings)1997: 263 units (263 single-family, 0 in multi-unit buildings)1998: 245 units (245 single-family, 0 in multi-unit buildings)1999: 349 units (250 single-family, 99 in multi-unit buildings)2000: 222 units (188 single-family, 34 in multi-unit buildings)20002001: 187 units (183 single-family, 4 in multi-unit buildings)2002: 320 units (208 single-family, 112 in multi-unit buildings)2003: 314 units (279 single-family, 35 in multi-unit buildings)2004: 397 units (285 single-family, 112 in multi-unit buildings)2005: 639 units (570 single-family, 69 in multi-unit buildings)20052006: 753 units (625 single-family, 128 in multi-unit buildings)2007: 808 units (655 single-family, 153 in multi-unit buildings)2008: 662 units (343 single-family, 319 in multi-unit buildings)2009: 228 units (218 single-family, 10 in multi-unit buildings)2010: 228 units (205 single-family, 23 in multi-unit buildings)20102011: 187 units (171 single-family, 16 in multi-unit buildings)2012: 275 units (251 single-family, 24 in multi-unit buildings)2013: 279 units (236 single-family, 43 in multi-unit buildings)2014: 264 units (230 single-family, 34 in multi-unit buildings)2015: 467 units (228 single-family, 239 in multi-unit buildings)20152016: 650 units (264 single-family, 386 in multi-unit buildings)2017: 445 units (350 single-family, 95 in multi-unit buildings)2018: 451 units (383 single-family, 68 in multi-unit buildings)2019: 489 units (441 single-family, 48 in multi-unit buildings)2020: 544 units (440 single-family, 104 in multi-unit buildings)20202021: 713 units (605 single-family, 108 in multi-unit buildings)2022: 640 units (527 single-family, 113 in multi-unit buildings)2023: 439 units (373 single-family, 66 in multi-unit buildings)2024: 552 units (463 single-family, 89 in multi-unit buildings)2025: 431 units (374 single-family, 57 in multi-unit buildings)2025

Housing units authorised in the Moses Lake, WA area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaWashingtonUnited States
Housing units authorised40038,9111,418,086
Units per 1,000 residents3.84.94.1
Single-family share84%44%63%
Change on previous 12 months−20.8%+11.4%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Grant CountyWA+0.7%+109.4%4003.8

Questions and answers

How much have home values in the Moses Lake, WA area risen over 10 years?

The FHFA annual index rose +109.4% between 2015 and 2025, about +7.7% a year. Over 20 years: +159.1%; since 2000: +210.2%.

Which counties in the Moses Lake, WA area rose most?

By ten-year change to 2025: Grant County (+109.4%).

What happened to Moses Lake, WA prices after 2007?

The index peaked in 2008, fell −12.8% to 2013 and regained the peak in 2017. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Moses Lake, WA area?

400 housing units were authorised across the area's counties in the 12 months to August 2026, 84% of them single-family, 3.8 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026); Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1976–2025. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.