Home Affordability in Stevens County, WA
A typical home in Stevens County is worth $379,290, up 1.6% year over year. The effective property tax rate is 0.59% of value, and the 2026 conforming loan limit here is $832,750 — borrow more than that and you need a jumbo loan.
Assumes housing costs stay at 33% of gross income — the sustainable middle, not the maximum a lender would approve. A typical home in Stevens County costs $379,290. Rates as of 5 September 2026; they move weekly and your quote will differ.
What each income buys here
| Household income | Conventional | VA | Zero-down CU | FHA |
|---|---|---|---|---|
| $75,000 | $329,000 | $271,000 | $248,000 | $264,000 |
| $100,000 | $451,000 | $371,000 | $339,000 | $362,000 |
| $125,000 | $573,000 | $470,000 | $431,000 | $460,000 |
| $150,000 | $694,000 | $570,000 | $522,000 | $557,000 |
| $200,000 | $937,000 | $770,000 | $705,000 | $752,000 |
Conventional assumes 20% down. VA and credit-union 100% financing assume zero down with the funding fee financed into the loan; FHA assumes 3.5% down with mortgage insurance for the life of the loan. All hold housing at 33% of gross income and cap total debt at the program’s underwriting limit.
Towns in Stevens County
| Town | Typical home | Year over year | Income needed | |
|---|---|---|---|---|
| Colville | $344,456 | +2% | $78,000 | Details |
| Chewelah | $354,662 | +1% | $80,000 | Details |
| Springdale | $326,784 | +5.2% | $74,000 | Details |
| Valley | $329,428 | +4.4% | $75,000 | Details |
| Loon Lake | $426,641 | +1.5% | $95,000 | Details |
| Clayton | $430,024 | +4.2% | $96,000 | Details |
| Addy | $374,145 | +3.7% | $84,000 | Details |
| Ford | $293,005 | +3.4% | $68,000 | Details |
| Rice | $377,485 | +2% | $85,000 | Details |
| Kettle Falls | $280,868 | +2.4% | $65,000 | Details |
| Tumtum | $352,390 | +3.2% | $80,000 | Details |
| Northport | $255,016 | +4.2% | $60,000 | Details |
The cheapest places in the county are Northport ($255K), Kettle Falls ($281K), Ford ($293K).
How the zero-down math actually works
Putting nothing down does not simply move the down payment to zero — it costs you twice. Zero-down programs price above conventional, and they finance a funding fee into the balance, so you start out owing more than the house cost. In Stevens County that difference is worth roughly $172K of purchasing power at a $150,000 income.
The exception is the VA loan. If anyone on the loan is Active Duty, Reserve, or a Veteran, it prices below conventional and charges no mortgage insurance — and the funding fee is waived entirely with any VA disability rating. It is almost always the cheapest zero-down option, and it is worth about $48K more house than a credit-union 100% loan here.