Suquamish, Washington Real Estate & Housing Market

Suquamish, WA Listings

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Suquamish Housing Information

Index	Suquamish	Washington	National
Median home price	$208,600	$269,300	$184,700
Median rent asked	$1,033	$1,056	$949
Avg. people per household	2.5	2.5	2.6
Owner occupied households	74.5%	62.4%	63.6%
Renter occupied households	25.5%	37.6%	36.4%

Above, you will see a summary of real estate in Suquamish, WA. On average, homes in Suquamish, WA cost $208,600, a value that is 23% lower than the average in Washington. In general terms, this results in Suquamish, WA real estate being more affordable than Washington real estate. On average, people who rent houses in Suquamish, WA pay $1,033; this value is 2% lower than the average amount renters pay in Washington. 74.5% of Suquamish, WA residents own their own homes and, on average, each of the homes has 2.5 occupants. Suquamish, WA real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Suquamish, WA is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Suquamish Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Suquamish, WA. To estimate home affordability, one method is to use the ratio of home price to median household income. The Suquamish, WA’s median home price stands at $208,600 while $57,383 is the value of the average household income. The resulting home price to income ratio, which is 3.6x, differs from the Washington average as the ratio is 15% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Suquamish, WA are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Suquamish, WA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Bangor Base, WA	6,046	$0	100%
Navy Yard City, WA	3,131	$117,400	36%
Quilcene, WA	499	$161,400	13%
Gorst, WA	403	$168,300	9%
Bremerton, WA	39,388	$178,600	3%
Suquamish, WA	4,259	$208,600	13%

Cities with similar population

City, State	Population	Home Price	National Avg.
Pleasant View, TN	4,258	$209,400	13%
Honesdale, PA	4,258	$117,800	36%
Highlands-Baywood Park, CA	4,261	$1,184,000	541%
Highland CDP, IN	4,256	$154,700	16%
Slaughterville, OK	4,256	$112,600	39%
Suquamish, WA	4,259	$208,600	13%

Source: The Suquamish, WA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).