Issaquah, WA—98027
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Issaquah, WA
Home Price Trends — Issaquah, WA
As of Oct '25, the median home price in Issaquah, WA is $1,148,000, with a year-over-year change of -0.2%. This indicates that home prices in Issaquah, WA are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,148,000 | -0.2% |
| Single Family | $1,277,000 | -0.2% |
| Condos | $516,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $378,000 | -4.5% |
2 Bed | $585,000 | -3.0% |
3 Bed | $1,067,000 | -0.8% |
4 Bed | $1,479,000 | 0.4% |
| 5 Bed | $1,702,000 | 0.3% |
% of Housing Stock
Rental Trends — Issaquah, WA
As of July '25, Rentcast reports the average rent in Issaquah, WA is $3,000, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Issaquah, WA is studios: $2,300, 1-bedrooms: $2,220, 2-bedrooms: $2,730, 3-bedrooms: $3,790, 4-bedrooms: $5,350. The most common rental property sizes in Issaquah, WA are 2-bedroom and 1-bedroom, accounting for 48.8% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $3,000 |
| Studio Rent | $2,300 | $2,300 |
| 1 Bed Rent | $2,160 | $2,220 |
| 2 Bed Rent | $2,600 | $2,730 |
| 3 Bed Rent | $4,000 | $3,790 |
| 4 Bed Rent | $4,950 | $5,350 |
% of Rental Stock
Property Listings — Issaquah, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Issaquah, WA is 51. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,300,000 | -7.0% |
Listing Count | 114 | 19.0% |
| Listings as % of Homes | 0.3% | 19.0% |
Days on Market | 51 | 9.0% |
Demographics — Issaquah, WA
As of the latest ACS Survey released in 2023, Issaquah, WA has a population of 28,300, which has decreased by -6.3% over the past 5 years. Issaquah, WA is a moderately popular place for families, as children make up 19.6% of the population. The area has a highly educated workforce, with 65.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | -6.3% |
% Under 18 | 19.6% | -15.2% |
% Seniors | 16.3% | 19.9% |
% WFH | 34.3% | 328.8% |
% w/ College Degree | 65.5% | 14.3% |
As of the latest ACS Survey released in 2023, Issaquah, WA is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Issaquah, WA is asian, making up 15.8% of the population. Foreign-born residents account for 18.1% of the population in Issaquah, WA, and this percentage has decreased by 1.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.8% | -8.1% |
% Black | 1.3% | 44.4% |
% Hispanic | 7.0% | -25.5% |
% Asian | 15.8% | 32.8% |
% Foreign Born | 18.1% | -1.1% |
Mortgage and Risk — Issaquah, WA
According to HUD data as of 2023, there were 474 mortgage originations in Issaquah, WA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Issaquah, WA. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 474 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Issaquah, WA
As of 2024, the percent of homes in Issaquah, WA under the Section 8 program is 9.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Issaquah, WA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 327 |
Total Units Section 8 | 327 |
% Rentals under Section 8 | 9.5% |
% Occupied Section 8 | 98.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $510 | $2,160 | $2,670 |
| 2 Bedroom | $510 | $2,600 | $3,110 |
| 3 Bedroom | $100 | $4,000 | $4,100 |
| 4 Bedroom | -$170 | $4,950 | $4,780 |
Affordability — Issaquah, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $1,148,000 |
| Median Household Income | $150,000 |