Zip 98053 (Union Hill-Novelty Hill, WA) Housing

The housing market in 98053 Union Hill-Novelty Hill, WA is quite expensive. The median value of homes in the area is $1,205,900, well above the median value of US homes, which sits at $338,100. Despite this high number, the appreciation rate of houses in Union Hill-Novelty Hill has only been 7.43%, slightly lower than the national average of 8.27%. This slower growth may indicate a stable and mature real estate market for those looking to purchase in this area.

The median home cost in Union Hill-Novelty Hill (zip 98053) is $1,205,900. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Union Hill-Novelty Hill (zip 98053) is up 14.8%.

Average Age of Homes

- The median age of Union Hill-Novelty Hill (zip 98053) real estate is 17 years old

The Rental Market in Union Hill-Novelty Hill (zip 98053)

- Renters make up 16.2% of the Union Hill-Novelty Hill (zip 98053) population
- 0.7% of houses and apartments in Union Hill-Novelty Hill (zip 98053), 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	Union Hill-Novelty Hill, Washington	United States
	8,756.0	139,647,020.0
	20	42
	$1,205,900	$338,100
	14.8%	16.6%
	61.9%	57.0%
	167.2%	101.1%
	$9.81	$10.98
	$8,903	$2,690
	82.1%	57.4%
	3.4%	11.2%
	14.5%	31.4%
Vacant Housing
	0.7%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.1%	0.4%
	0.7%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.2%	3.9%
	0.2%	4.5%
	0.4%	11.3%
	0.5%	13.0%
	0.6%	20.1%
	1.6%	13.6%
	5.4%	8.3%
	21.0%	9.7%
	30.9%	3.9%
	26.5%	2.2%
	8.8%	0.8%
	3.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	43.4%	13.6%
	43.4%	13.6%
	16.4%	13.6%
	15.5%	13.2%
	8.8%	14.8%
	16.4%	13.6%
	1.4%	10.0%
	0.3%	4.7%
	1.7%	12.2%

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Bp · Redmond, WA

Outside Redmond Proper

Over 16 years ago

I live in Trilogy (over 50-ish) community. It's beautiful and I like having a clubhouse and like the ability to walk to the grocery store and restaurants (though I More

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