Zip 98122 (Seattle, WA) Housing

The housing market in 98122 Seattle, WA is quite expensive compared to the US average. The median value of a house in 98122 is $830,200 and the US median value is only $338,100. Despite this higher cost, the appreciation rate for housing has been relatively low, with only 4.00% over the past year whereas the national appreciation rate was 8.27%. This lower rate of appreciation may be attractive to those looking to purchase real estate in the area but should also be taken into consideration when evaluating whether or not to invest in it long-term.

The median home cost in Seattle (zip 98122) is $830,200. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Seattle (zip 98122) is up 10.8%.

Average Age of Homes

- The median age of Seattle (zip 98122) real estate is 54 years old

The Rental Market in Seattle (zip 98122)

- Renters make up 62.5% of the Seattle (zip 98122) population
- 3.3% of houses and apartments in Seattle (zip 98122), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Seattle, Washington	United States
	23,433.0	139,647,020.0
	42	42
	$830,200	$338,100
	10.8%	16.6%
	42.5%	57.0%
	142.4%	101.1%
	$8.01	$10.98
	$6,368	$2,690
	26.8%	57.4%
	8.7%	11.2%
	64.4%	31.4%
Vacant Housing
	3.3%	1.9%
	1.6%	0.4%
	1.1%	0.7%
	0.1%	0.4%
	0.6%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.5%	11.3%
	0.4%	13.0%
	2.0%	20.1%
	6.3%	13.6%
	9.7%	8.3%
	25.8%	9.7%
	25.4%	3.9%
	16.9%	2.2%
	5.9%	0.8%
	6.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	12.2%	13.6%
	12.2%	13.6%
	8.4%	13.6%
	5.7%	13.2%
	6.2%	14.8%
	8.4%	13.6%
	2.9%	10.0%
	3.0%	4.7%
	33.4%	12.2%

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