Real Estate Investing in Black Diamond, Washington

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 6,351 • King County

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Should you buy in Black Diamond, WA? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Black Diamond, WA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.2% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $771,686
Avg Monthly Rent $2,954
ZIP Codes 1

Investing in Black Diamond Real Estate

Across Black Diamond's 1 ZIPs, the picture is muted: $772K median values, $2,954/mo rents, and a population that has faced real economic pressure.

Investors considering Black Diamond, WA should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Transaction volume in Black Diamond has thinned in a way that amplifies price discovery risk. Stepping back, investors without local context should treat every number on the page with skepticism.

Demographics in Black Diamond show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Seattle-Tacoma-Bellevue, WA

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving King County

Manage rentals here? List your business →

Alki Property Management LLC specializes in apartment rentals. summary from their website

Small multifamily
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Brink Property Management offers residential property management and vacant home management services in Bellevue, providing marketing, tenant screening, rent collection, and maintenance. summary from their website

Single-familySmall multifamily
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Full Service Property Management offers compassionate property management across Metro Seattle, including multi-family management, property marketing, and maintenance services. summary from their website

Single-familySmall multifamily
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$771,686
Avg Monthly Rent
$2,954
1% Rule
✗ Below
Landlord Friendly (WA)

ZIP Codes in Black Diamond, WA

Screen every ZIP in Black Diamond

Filter Black Diamond’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Black Diamond, WA

What is the typical home price in Black Diamond, WA?

Median home price in Black Diamond, WA is near $772K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

Which real estate strategy fits Black Diamond, WA?

Black Diamond, WA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($772K prices, $2,954/mo rents) make it a reasonable choice.

What is the tenant pool like in Black Diamond, WA?

Working renters make up the core of the Black Diamond, WA tenant base. The pool is reasonable for investors targeting long-term holds.

How strict are landlord regulations in Black Diamond, WA?

For rental operators, Black Diamond, WA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

Do landlords face vacancy issues in Black Diamond, WA?

Black Diamond, WA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

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