Housing in Seattle's 98121 zip code is significantly more expensive than the US median house value, with a median value of $724,200. This is over twice the median housing value across the country, which stands at $338,100. Despite this large difference in values, Seattle has seen much less appreciation than the national average in the past year, with an appreciation rate of 4.00% compared to 8.27% nationwide. This suggests that there is still upward pressure on prices in this area despite lower rates of growth compared to other markets.
The median home cost in Seattle (zip 98121) is $724,200. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Seattle (zip 98121) is up 10.8%.
Average Age of Homes
- The median age of Seattle (zip 98121) real estate is 21 years old
The Rental Market in Seattle (zip 98121)
- Renters make up 70.0% of the Seattle (zip 98121) population
- 3.8% of houses and apartments in Seattle (zip 98121), 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.