Zip 98047 (Pacific, WA) Housing

The housing market in the 98047 Pacific, WA area is doing fairly well. The median value of homes in this area is $511,500 which is significantly higher than the U.S. median value of $338,100. In the past year, U.S. houses have appreciated 8.27%, but homes in 98047 Pacific have appreciated 7.43%. This shows that although the appreciation rate in this area has not kept up with the national average, it still remains a strong and desirable housing market for potential buyers.

The median home cost in Pacific (zip 98047) is $511,500. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Pacific (zip 98047) is up 14.8%.

Average Age of Homes

- The median age of Pacific (zip 98047) real estate is 33 years old

The Rental Market in Pacific (zip 98047)

- Renters make up 44.3% of the Pacific (zip 98047) population
- 1.8% of houses and apartments in Pacific (zip 98047), 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	Pacific, Washington	United States
	2,386.0	139,647,020.0
	36	42
	$511,500	$338,100
	14.8%	16.6%
	61.9%	57.0%
	167.2%	101.1%
	$10.58	$10.98
	$3,490	$2,690
	46.0%	57.4%
	3.9%	11.2%
	50.1%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.4%	4.5%
	2.4%	11.3%
	1.3%	13.0%
	26.6%	20.1%
	57.3%	13.6%
	6.6%	8.3%
	3.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.5%	13.6%
	13.5%	13.6%
	14.3%	13.6%
	26.2%	13.2%
	10.5%	14.8%
	14.3%	13.6%
	9.3%	10.0%
	4.1%	4.7%
	3.6%	12.2%

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