Zip 98148 (Burien, WA) Housing

The housing market in 98148 Burien, WA is significantly more expensive than the national median value. According to my context, the median house value in Burien is currently $565,300 whereas the US median value is only $338,100. Furthermore, there has been a much lower rate of appreciation in Burien with a 1-year house appreciation rate being 4.00%, compared to the US 1 year House Appreciation rate of 8.27%. This suggests that the housing market in this area has not been growing as rapidly as other markets across the country.

The median home cost in Burien (zip 98148) is $565,300. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Burien (zip 98148) is up 10.8%.

Average Age of Homes

- The median age of Burien (zip 98148) real estate is 46 years old

The Rental Market in Burien (zip 98148)

- Renters make up 52.0% of the Burien (zip 98148) population
- 3.7% of houses and apartments in Burien (zip 98148), 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	Burien, Washington	United States
	4,394.0	139,647,020.0
	44	42
	$565,300	$338,100
	10.8%	16.6%
	42.5%	57.0%
	142.4%	101.1%
	$10.10	$10.98
	$4,381	$2,690
	42.9%	57.4%
	6.3%	11.2%
	50.8%	31.4%
Vacant Housing
	3.7%	1.9%
	1.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.0%	2.4%
	0.5%	2.8%
	0.5%	3.9%
	3.1%	4.5%
	2.9%	11.3%
	5.4%	13.0%
	8.3%	20.1%
	17.9%	13.6%
	30.2%	8.3%
	24.4%	9.7%
	4.9%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	12.8%	13.6%
	21.8%	13.2%
	13.4%	14.8%
	12.8%	13.6%
	17.6%	10.0%
	2.7%	4.7%
	1.1%	12.2%

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