Lynnwood, WA Real Estate
According to census data in the year 2000 there were 13,771 housing units in Lynnwood.
This represents a 16% growth from 11,871 in 1990.
Of those housing units, 13,771 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lynnwood is about 52.8%.
Lynnwood's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in Lynnwood were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.40% |
| One Bedroom | 19.30% |
| Two Bedrooms | 30.50% |
| Three Bedrooms | 31.20% |
| Four Bedrooms | 11.70% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $189,000 |
| Median Price asked for vacant units | $179,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $656 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 9% |
| Simple Mortgage | 60.50% |
| Debt Free | 20.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.7% |
