what is average home price is Seattle?

Question

3 bed room,2bath,2 car garage,
1500sq ft. back yard. I plan to move over there after I retire.

Answer 1

As with any place else, answer totally depends on how far from Seattle(and Bellevue, to a lesser extent) you care to live and your preferences/requirements. You can easily pay around $1M in certain parts of Queen Anne, Magnolia, a condo in Belltown, or in some areas on the Eastside(Medina, Mercer Island). Farther north and south you could find something for $250k.

As of April '06:
- Median price of a single-family home, including condos, in all of King County(of which Seattle is a part) was $377,000.

- Median price of a single-family home, including condos, in Seattle alone was $410,000.

- Median price of a single-family home, NOT including condos, in King County was $419,500.

I know more recent stats are out but prices are relatively the same.

The PMI Group came out about two months ago stating that they thought the Seattle area was at "very little risk"(11%) of price depreciation. The scarcity of available housing and the strength of our local economy(Boeing, Microsoft, Starbucks, etc.) were the main reasons. Bellingham especially was ranked very low.

See my resources below for more info. Good luck!

Answer 2

It all depends on the neighborhood. If you won't have to commute into the city often, you may find what you want for under $400,000, but you'll be about 45 to 60 minutes from the city center. If you live within 30 minutes of the city, you'll probably need to pay over $400K, unless you buy a fixer-upper. It also depends if you want to live in a tidy, well kept up area with middle to upper middle class homes, or whether you're fine in a neighborhood that has some houses that could use some work. If you want the former, you are probably looking at over $450,000.

Answer 3

That really depends on the neighborhood. The median home price in King County is well over $300,000 and Seattle proper is going to be higher. Depending on what Seattle neighborhood you're interested in, you could be looking at $250,000, $450,000 or $650,000 or more. I've seen tear-downs sell for $400,000 in some neighborhoods just due to the value of the lot underneath.

Answer 4

in Alberta in our small city its jumped 40 5% so its around $350,000 for an prevalent abode with the severe end as much as $800,000, no longer something is below $2 hundred,000 any further, im happy made around $one hundred,000 in under a year, yet there returned i cant purchase something anymore the two

Answer 5

Best guess 350k within twenty miles of downtown.

Answer 6

i'd say about 325,000