The housing market in 98107 Seattle, WA is one of the most expensive in the nation. The median housing value in this area is $876,100, which is more than double the US median value of $338,100. While home appreciation has been healthy over the last year across the country at 8.27%, in 98107 Seattle it has only grown by 4.00%. This suggests that even with an already high cost of living, potential buyers may find better deals elsewhere and might have to look outside of 98107 Seattle if they want to take advantage of rising real estate values.
The median home cost in Seattle (zip 98107) is $876,100. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Seattle (zip 98107) is up 10.8%.
Average Age of Homes
- The median age of Seattle (zip 98107) real estate is 45 years old
The Rental Market in Seattle (zip 98107)
- Renters make up 62.0% of the Seattle (zip 98107) population
- 1.1% of houses and apartments in Seattle (zip 98107), 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.