Welcome to our 98052 real estate data hub, tailored for investors in Redmond, 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 98052 in Redmond, 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 Redmond, WA real estate investing. Uncover the wealth of information available, and position yourself for success in the Redmond property market.
-
Location Overview
- Zip Code: 98052
- City: Redmond
- State: WA
- Metro Area: Seattle-Tacoma-Bellevue, WA
- County Name: KING COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $1,232,753
- Average Home Price (Single Family Homes): $1,360,724
- Average Monthly Rental Price (All Types): $2,438
- Price-to-Rent Ratio: 42
- Zillow Projected % appreciation from 4/2023-4/2024: -0.8%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $3,070
- Average 3 Bedroom Section 8 Rental Rates: $4,120
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 33.46
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 24.93
- 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): 479.7
- Total % Appreciation since 2000 (Government Data): 274.13
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.42%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -7.42%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.46%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.06%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 160.98%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 96.96%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 222.52%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.48%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.44%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 12.87%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 22.55%