SeaTac WA

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SeaTac, WA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

SeaTac Housing Market Information

With a population of 29,140, 9,857 total housing units (homes and apartments), and a median house value of $382,858, real estate costs in SeaTac are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities.

Single-family detached homes are the single most common housing type in SeaTac, accounting for 46.32% of the city's housing units. Other types of housing that are prevalent in SeaTac include large apartment complexes or high rise apartments ( 40.03%), duplexes, homes converted to apartments or other small apartment buildings ( 5.77%), and a few mobile homes or trailers ( 5.07%).

People in SeaTac primarily live in small (one, two or no bedroom) single-family detached homes. SeaTac has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. SeaTac's housing was primarily built during this period, from the '40s through the '60s. A full 53.07% of the city's housing hails from this era. Other housing ages represented in SeaTac include homes built between 1970-1999 ( 32.58%) and housing constructed between 2000 and later ( 11.47%). There's also some housing in SeaTac built before 1939 ( 2.88%).

SeaTac Home Appreciation Rates

In the last 10 years, SeaTac has experienced some of the highest home appreciation rates of any community in the nation. SeaTac real estate appreciated 42.75% over the last ten years, which is an average annual home appreciation rate of 3.62%, putting SeaTac in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, SeaTac definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, SeaTac appreciation rates have trailed the rest of the nation. In the last twelve months, SeaTac's appreciation rate has been -2.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in SeaTac were at 0.25%, which equates to an annual appreciation rate of 1.01%.

Relative to Washington, our data show that SeaTac's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within SeaTac differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in SeaTac - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best SeaTac real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,437,000 0.0
$1,078,001 - $1,437,000 0.1
$719,001 - $1,078,000 6.8
$575,001 - $719,000 8.5
$431,001 - $575,000 20.8
$287,001 - $431,000 38.9
$144,001 - $287,000 10.4
$72,001 - $144,000 2.1
$0 - $72,000 12.4

High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
12.4029197080292 28.6219081272085

Number Of Homes And Apartments:

SeaTac Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
119.47% 4.11%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,650 / per month

Homeownership Rate

Owners 48.48
Renters 51.52
Vacant 5.13

Housing Market Details


Age of Homes

2000 or Newer 11.5
1970 - 1999 32.6
1940 - 1969 53.1
1939 or Older 2.9

Types of Homes

Single-Family 46.3
Townhomes 2.7
Small Apt. Buildings 5.8
Apt. Complexes 40.0
Mobile Homes 5.1
Other 0.1

Home Size

No Bedroom 4.32
1 Bedroom 19.87
2 Bedrooms 31.47
3 Bedrooms 25.76
4 Bedrooms 12.35
5 or more bedrooms 6.24