Welcome to our 98038 real estate data hub, tailored for investors in Maple Valley, WA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 98038 in Maple Valley, WA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KING COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Maple Valley, WA real estate investing. Uncover the wealth of information available, and position yourself for success in the Maple Valley property market.
-
Location Overview
- Zip Code: 98038
- City: Maple Valley
- State: WA
- Metro Area: Seattle-Tacoma-Bellevue, WA
- County Name: KING COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $751,502
- Average Home Price (Single Family Homes): $759,050
- Average Monthly Rental Price (All Types): $2,843
- Price-to-Rent Ratio: 22
- Zillow Projected % appreciation from 4/2023-4/2024: -0.3%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,970
- Average 3 Bedroom Section 8 Rental Rates: $3,990
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.09
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.7
- Number of Units Offered in Section 8 in the County: 11503
- Number of Occupied Units in Section 8 in the County: 11121
- Percentage of Section 8 Units Occupied in the County: 96.69999695%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 372.46
- Total % Appreciation since 2000 (Government Data): 206.82
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.04%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -2.52%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.43%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.27%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 141.89%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.64%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 155.27%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.34%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.19%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 27.86%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 36.52%