The housing market in 98028 Kenmore, WA is very expensive with a median value of $919,800. This is more than twice the US House Median Value of $338,100. Despite this high price, the 1 year house appreciation in this area is only 7.43%, which is slightly lower than the US 1 year appreciation rate of 8.27%. People looking to invest in the real estate market in 98028 Kenmore should be aware of these higher prices and lower appreciation rate when making their decision.
The median home cost in Kenmore (zip 98028) is $919,800. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Kenmore (zip 98028) is up 14.8%.
Average Age of Homes
- The median age of Kenmore (zip 98028) real estate is 35 years old
The Rental Market in Kenmore (zip 98028)
- Renters make up 24.8% of the Kenmore (zip 98028) population
- 1.5% of houses and apartments in Kenmore (zip 98028), 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.