Zip 99022 (Medical Lake, WA) Housing

Housing in 99022 Medical Lake, WA is a great investment, with the median value standing at $413,300. This is significantly higher than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate for this area stands at 8.86%, much higher than the nation-wide average of 8.27%. This makes purchasing property in 99022 Medical Lake, WA an attractive proposition and one that should be carefully considered by potential buyers.

The median home cost in Medical Lake (zip 99022) is $413,300. Home appreciation the last 10 years has been 147.4%. Home Appreciation in Medical Lake (zip 99022) is up 18.1%.

Average Age of Homes

- The median age of Medical Lake (zip 99022) real estate is 26 years old

The Rental Market in Medical Lake (zip 99022)

- Renters make up 20.3% of the Medical Lake (zip 99022) population
- 1.1% of houses and apartments in Medical Lake (zip 99022), 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	Medical Lake, Washington	United States
	3,231.0	139,647,020.0
	29	42
	$413,300	$338,100
	18.1%	16.6%
	93.6%	57.0%
	147.4%	101.1%
	$9.50	$10.98
	$2,540	$2,690
	77.7%	57.4%
	5.2%	11.2%
	17.1%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.4%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.3%	2.4%
	0.4%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	5.3%	11.3%
	18.9%	13.0%
	40.2%	20.1%
	17.9%	13.6%
	11.1%	8.3%
	3.0%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	24.3%	13.6%
	24.3%	13.6%
	23.6%	13.6%
	5.4%	13.2%
	22.6%	14.8%
	23.6%	13.6%
	5.0%	10.0%
	3.2%	4.7%
	6.7%	12.2%

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