The story of this market
The typical home in ZIP 98560 sells for about $530,000, or $275 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 98560 — Matlock
The housing market in ZIP 98560 is characterized by low inventory and stable, slow-growth pricing typical of a rural, non-commuter-centric area. Market activity is driven by local demand for large-lot residential properties rather than speculative investment or urban development. Figures for median price and sales volume are derived from broader Mason County and regional market trends where specific ZIP-level data is limited.
This ZIP is best suited for those seeking rural privacy, large lot sizes, and proximity to outdoor recreation, rather than commuters or those requiring urban amenities.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 9.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98560, Mason County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving the Matlock area are primarily part of the Shelton School District, which generally maintains moderate performance ratings.
The area is characterized by significant forest cover, presenting a moderate wildfire risk, and requires standard flood insurance considerations for low-lying parcels near local creeks.
Growth is limited by the rural nature of the Matlock area, with economic momentum primarily tied to regional employment centers in Shelton and Olympia.
Property taxes are assessed by Mason County based on local levies and state school funding requirements; no special municipal districts are prevalent in this unincorporated area.
Commuting from Matlock to major employment hubs like Olympia or Shelton requires a significant drive, typically 30 to 45 minutes via rural state routes.
The area offers extensive access to outdoor recreation, including proximity to the Olympic National Forest, local lakes for fishing, and rural trail systems.
The rental market is limited and primarily consists of single-family homes, with low vacancy pressure due to the rural, non-commuter-centric nature of the ZIP.
The local economy is largely driven by agriculture, forestry, and small-scale local services, with most residents commuting to larger regional centers for professional employment.
Public transit is not available in this rural ZIP; residents are entirely dependent on personal vehicles for transportation.
There are no major commercial or residential developments currently approved or under construction in this rural area.
Parcels are served by local fire districts and the Shelton School District.
Property insurance premiums are influenced by the rural location and wildfire risk factors common to Mason County.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides vast wilderness access for hiking and camping.
Local destination for fishing and seasonal water recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.