Zip 98043 (Mountlake Terrace, WA) Housing

Housing in 98043 Mountlake Terrace, WA is a great investment opportunity. The median value of a home in this area is $615,800, which is significantly higher than the US house median value of $338,100. Additionally, the one year appreciation rate for houses in this area is 7.43%, just slightly lower than the US average of 8.27%. Investing in housing in 98043 Mountlake Terrace, WA is an excellent decision that will likely result in long-term financial gain.

The median home cost in Mountlake Terrace (zip 98043) is $615,800. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Mountlake Terrace (zip 98043) is up 14.8%.

Average Age of Homes

- The median age of Mountlake Terrace (zip 98043) real estate is 44 years old

The Rental Market in Mountlake Terrace (zip 98043)

- Renters make up 37.0% of the Mountlake Terrace (zip 98043) population
- 0.0% of houses and apartments in Mountlake Terrace (zip 98043), 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	Mountlake Terrace, Washington	United States
	9,027.0	139,647,020.0
	52	42
	$615,800	$338,100
	14.8%	16.6%
	61.9%	57.0%
	167.2%	101.1%
	$8.18	$10.98
	$3,697	$2,690
	53.7%	57.4%
	4.6%	11.2%
	41.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.1%	0.4%
	0.2%	0.7%
	0.8%	0.4%
	0.9%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.6%	2.4%
	1.1%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	0.0%	11.3%
	1.4%	13.0%
	11.1%	20.1%
	19.1%	13.6%
	29.5%	8.3%
	30.4%	9.7%
	4.5%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	8.4%	13.6%
	13.1%	13.2%
	16.5%	14.8%
	8.4%	13.6%
	22.1%	10.0%
	2.5%	4.7%
	0.5%	12.2%

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