Zip 98031 (East Hill-Meridian, WA) Housing

The housing market in 98031 East Hill-Meridian, WA is an attractive place to buy real estate. The median housing value in the area is a healthy $583,200, which is significantly higher than the US median house value of $338,100. Furthermore, the one year house appreciation in this area is 7.43%, which is slightly lower than the US national average of 8.27%. This suggests that there may be some room for further growth and investment potential in this area. All signs point towards this being a great place to purchase a home for those looking to invest or become part of a thriving community.

The median home cost in East Hill-Meridian (zip 98031) is $583,200. Home appreciation the last 10 years has been 167.2%. Home Appreciation in East Hill-Meridian (zip 98031) is up 14.8%.

Average Age of Homes

- The median age of East Hill-Meridian (zip 98031) real estate is 34 years old

The Rental Market in East Hill-Meridian (zip 98031)

- Renters make up 34.7% of the East Hill-Meridian (zip 98031) population
- 0.8% of houses and apartments in East Hill-Meridian (zip 98031), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	East Hill-Meridian, Washington	United States
	14,156.0	139,647,020.0
	37	42
	$583,200	$338,100
	14.8%	16.6%
	61.9%	57.0%
	167.2%	101.1%
	$10.42	$10.98
	$4,532	$2,690
	63.1%	57.4%
	3.1%	11.2%
	33.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.4%	0.4%
	0.2%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.9%	2.4%
	1.3%	2.8%
	0.6%	3.9%
	0.5%	4.5%
	2.5%	11.3%
	1.4%	13.0%
	9.0%	20.1%
	22.7%	13.6%
	30.1%	8.3%
	26.8%	9.7%
	3.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	18.9%	13.6%
	22.6%	13.2%
	18.7%	14.8%
	18.9%	13.6%
	4.4%	10.0%
	0.5%	4.7%
	0.6%	12.2%

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