SeaTac, WA is an area known for its expensive housing market. The median value of a house in SeaTac currently stands at $529,700, which is significantly higher than the national median of $338,100. Despite this high value of homes in SeaTac, the 1 year house appreciation rate has only been 4%, while the US house appreciation rate was 8.27%. This suggests that while housing in SeaTac may be costlier than other areas across the country, it also may not appreciate as quickly as other markets.
The median home cost in SeaTac is $529,700. Home appreciation the last 10 years has been 142.4%. Home Appreciation in SeaTac is up 10.8%.
Average Age of Homes
- The median age of SeaTac real estate is 49 years old
The Rental Market in SeaTac
- Renters make up 46.0% of the SeaTac population
- 1.0% of houses and apartments in SeaTac, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.