The housing market in 98119 Seattle, WA is very expensive with the median value of a house being $1,001,400. This is over three times the national median value of $338,100. Although the 1 year appreciation rate of 8.27% for US housing is quite high, it pales in comparison to the 1 year appreciation rate of 4.00% for this area. Despite being lower than the national average, this rate can still be seen as an indicator of a strong housing market in this area with values continuing to rise over time.
The median home cost in Seattle (zip 98119) is $1,001,400. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Seattle (zip 98119) is up 10.8%.
Average Age of Homes
- The median age of Seattle (zip 98119) real estate is 54 years old
The Rental Market in Seattle (zip 98119)
- Renters make up 56.5% of the Seattle (zip 98119) population
- 1.1% of houses and apartments in Seattle (zip 98119), 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.