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Seattle, WA Real Estate


According to census data in the year 2000 there were 270,536 housing units in Seattle. This represents a 8.6% growth from 249,032 in 1990.

Of those housing units, 270,536 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Seattle is about 48.4%. Seattle's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Seattle were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type10.30%
One Bedroom26.10%
Two Bedrooms28.10%
Three Bedrooms21.60%
Four Bedrooms10.60%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1946
Median Value of occupied units$259,600
Median Price asked for vacant units$260,600

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1961
Median Monthly Rent asked for vacant units$758

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.50%
Home Equity Loan8.90%
Simple Mortgage55.50%
Debt Free27.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%