Zip 98445 (Parkland, WA) Housing

The housing market in Parkland, WA (98445) is less expensive than the national average median value for a home. According to recent data, the median value of a home in this area is $428,200 compared to the US median of $338,100. This is also reflected in the house appreciation rate where the US rate over 1 year is 8.27%, while Parkland's house appreciation rate over a 1 year period is 4.80%. In conclusion, Parkland offers some great housing options at an affordable cost.

The median home cost in Parkland (zip 98445) is $428,200. Home appreciation the last 10 years has been 176.6%. Home Appreciation in Parkland (zip 98445) is up 12.3%.

Average Age of Homes

- The median age of Parkland (zip 98445) real estate is 30 years old

The Rental Market in Parkland (zip 98445)

- Renters make up 30.4% of the Parkland (zip 98445) population
- 0.8% of houses and apartments in Parkland (zip 98445), 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	Parkland, Washington	United States
	12,242.0	139,647,020.0
	33	42
	$428,200	$338,100
	12.3%	16.6%
	80.1%	57.0%
	176.6%	101.1%
	$11.27	$10.98
	$3,428	$2,690
	69.3%	57.4%
	4.5%	11.2%
	26.2%	31.4%
Vacant Housing
	0.8%	1.9%
	0.7%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	0.3%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.8%	2.4%
	0.3%	2.8%
	1.4%	3.9%
	1.4%	4.5%
	3.1%	11.3%
	5.6%	13.0%
	33.2%	20.1%
	31.7%	13.6%
	14.6%	8.3%
	4.2%	9.7%
	0.3%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.7%	13.6%
	18.7%	13.6%
	21.8%	13.6%
	13.8%	13.2%
	13.5%	14.8%
	21.8%	13.6%
	6.6%	10.0%
	3.3%	4.7%
	4.5%	12.2%

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