Real Estate Investing in Woodinville, Washington (98077)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98077 (Woodinville, WA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 46.1 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Woodinville, WA (98077)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 98077 Woodinville
This part of King County is not an easy win. The 98077 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $2,691/mo on a $1.5M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 98077 sits below the stated 0.0% once reality is priced in.
Regionally, 98077 sits on the difficult end of the WA spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 98077 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Woodinville's stable or hybrid ZIPs before stepping into 98077. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Woodinville:
Property Strategy for 98077
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $953,163 | $2,990 | 2.3% | +5.0% | $476,581 |
| 3BR | $1,207,395 | $3,910 | 2.3% | +8.4% | $402,465 |
| 4BR | $1,672,654 | $4,600 | 2.0% | +9.8% | $418,163 |
| 5BR | $1,839,984 | — | — | +9.7% | $367,997 |
Market Trends
Home Value History (with trend line)
📊 How Does 98077 Compare?
| Metric | 98077 | Woodinville | Seattle-Tacoma-Bellevue, WA | Washington |
|---|---|---|---|---|
| Home Value | $1,489,809 | $1,384,037 | N/A | $591,536 |
| 5-Year CAGR | 4.8% | 4.7% | N/A | 5.9% |
| Avg Rent | $2,691 | $2,613 | N/A | - |
| Cap Rate | 1.4% | 1.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98077 (Woodinville, WA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 98077 (Woodinville, WA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving King County
Manage rentals here? List your business →Alki Property Management LLC specializes in apartment rentals. summary from their website
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
Full Service Property Management offers compassionate property management across Metro Seattle, including multi-family management, property marketing, and maintenance services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,489,809 |
| Monthly Rent | $2,691 |
| Price-to-Rent | 46.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 98077
Population: 14,407
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 98077
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 10,552 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Woodinville, WA?
Expect median prices around $1.5M in Woodinville, WA. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
How strong is the working-renter base in Woodinville, WA?
The renter base in Woodinville, WA is reasonable for the $2,691/mo price point. Screening well and pricing to market typically yields stable tenants.
How quickly do rentals get leased in Woodinville, WA?
Woodinville, WA carries elevated vacancy risk. Expect consistent absorption at market rents of $2,691/mo.
Can I house hack in Woodinville, WA?
Woodinville, WA is a a tougher market for house hackers. FHA or conventional owner-occupant buyers find the $1.5M price point reasonable to enter.
What is it like being a landlord in Woodinville, WA?
WA ranks as a tenant-protective state for landlord-tenant law. Woodinville generally follows the statewide framework, so landlords face reasonable operating rules.
You know 98077 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 98077 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 98077 ranks in Seattle-Tacoma-Bellevue, WA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 98077 (Woodinville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 98077 (Woodinville, WA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.