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These days, finding an affordable place to live in the 98247 area can be challenging. Home prices in 98247 are now at a median cost of $554,381, lower than the Washington average of $621,115.
The average cost of rent is $1,416/mo in 98247, primarily driven by the current value of real estate in the 98247 area. In 98247, 24.86% of households rent, and 35.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98247 is $7,635 per month. Households that rent pay about 18.54% of their income on rent here. 98247’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 98276, WA: equally priced homes
- 98264, WA: higher priced homes
- 98295, WA: less expensive homes
- 98266, WA: less expensive homes
- 98244, WA: less expensive homes
- 98248, WA: equally priced homes
- 98240, WA: higher priced homes
- 98230, WA: equally priced homes
- 98281, WA: less expensive homes
- 98827, WA: less expensive homes
Zip Codes with Similar Populations
- 78736, TX: higher priced homes
- 19560, PA: less expensive homes
- 28337, NC: less expensive homes
- 28657, NC: less expensive homes
- 28690, NC: less expensive homes
- 29851, SC: less expensive homes
- 29920, SC: less expensive homes
- 30217, GA: less expensive homes
- 30230, GA: less expensive homes
- 30290, GA: less expensive homes
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