98221 — Anacortes, WA Home Values
Typical home value $727,334 as of June 2026 · 3rd of 11 in Mount Vernon-Anacortes, WA
Blue: typical home value (Zillow ZHVI) in ZIP code 98221, June 2021 to June 2026. This page shows observed data only; no forecast.
How 98221 compares in the Mount Vernon-Anacortes, WA area
ZIP code 98221 (Anacortes, WA) has a typical home value of $727,334 as of June 2026, ranking 3rd of 11 ZIP codes tracked in the Mount Vernon-Anacortes, WA area, more expensive than about 82% of ZIP codes in the metro. Prices here have moved +0.9% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +14.0%, from $638,136 in June 2021 to $727,334 in June 2026. Against observed rent, the typical home here sells for 22.5× the annual rent ($2,689/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Mount Vernon-Anacortes, WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Mount Vernon.
Population and demographics
ZIP code 98221 has a population of 23,211, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 86.6% White, 6.1% Hispanic or Latino, 3.8% two or more races, 1.9% Asian, 0.7% American Indian or Alaska Native, 0.5% Black or African American, 0.3% another race, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Fidalgo Elementary | 13590 Gibralter Road, Anacortes, WA | 1.1 mi |
| Mount Erie Elementary | 1313 41st Street, Anacortes, WA | 2.4 mi |
| Island View Elementary | 2501 J Avenue, Anacortes, WA | 3.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 98221?
$727,334 as of June 2026, the latest month Zillow has published observed data for.
Is 98221 an expensive ZIP code in the Mount Vernon-Anacortes, WA area?
98221 ranks 3rd of 11 ZIP codes in the Mount Vernon-Anacortes, WA area by typical home value, more expensive than about 82% of ZIP codes in the metro.
How much have home values in 98221 changed over the past year?
+0.9% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 98221?
The typical home price is 22.5× the observed annual rent in this ZIP code ($2,689/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 98221?
23,211, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 98221?
Fidalgo Elementary (1.1 mi), Mount Erie Elementary (2.4 mi), Island View Elementary (3.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 98221?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Mount Vernon-Anacortes, WA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.