The housing market in 98112 Seattle, WA is a desirable area for home buyers. According to recent data, the median value of houses in this zip code is $1,293,400, which is nearly 4 times higher than the US House Median Value of $338,100. Additionally, while the US 1 year House Appreciation rate is 8.27%, the rate for this zip code is much lower at 4%. Despite this lower appreciation rate, 98112 Seattle, WA remains a great place to invest in a home due to its high median value and steady market.
The median home cost in Seattle (zip 98112) is $1,293,400. Home appreciation the last 10 years has been 142.4%. Home Appreciation in Seattle (zip 98112) is up 10.8%.
Average Age of Homes
- The median age of Seattle (zip 98112) real estate is 67 years old
The Rental Market in Seattle (zip 98112)
- Renters make up 43.0% of the Seattle (zip 98112) population
- 2.9% of houses and apartments in Seattle (zip 98112), 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.