Issaquah, WA—98029
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 $1,173,000, with a year-over-year change of 0.3%. This indicates that home prices in Issaquah, WA are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,173,000 | 0.3% |
| Single Family | $1,389,000 | 0.1% |
| Condos | $582,000 | -4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $380,000 | -6.6% |
2 Bed | $600,000 | -4.2% |
3 Bed | $1,155,000 | -0.1% |
4 Bed | $1,543,000 | 0.3% |
| 5 Bed | $1,991,000 | 0.5% |
% of Housing Stock
Rental Trends — Issaquah, WA
As of July '25, Rentcast reports the average rent in Issaquah, WA is $3,280, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Issaquah, WA is studios: $2,030, 1-bedrooms: $2,130, 2-bedrooms: $2,860, 3-bedrooms: $3,580, 4-bedrooms: $4,470. The most common rental property sizes in Issaquah, WA are 2-bedroom and 3-bedroom, accounting for 48.9% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,250 | $3,280 |
| Studio Rent | $2,030 | $2,030 |
| 1 Bed Rent | $2,060 | $2,130 |
| 2 Bed Rent | $2,820 | $2,860 |
| 3 Bed Rent | $3,580 | $3,580 |
| 4 Bed Rent | $4,300 | $4,470 |
% 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 40. This is a increase of 21.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $910,000 | 28.0% |
Listing Count | 98 | 8.0% |
| Listings as % of Homes | 0.3% | 8.0% |
Days on Market | 40 | 21.0% |
Demographics — Issaquah, WA
As of the latest ACS Survey released in 2023, Issaquah, WA has a population of 30,900, which has increased by 7.7% over the past 5 years. Issaquah, WA is a moderately popular place for families, as children make up 24.7% of the population. The area has a highly educated workforce, with 72.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 39.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,900 | 7.7% |
% Under 18 | 24.7% | -8.9% |
% Seniors | 11.3% | 9.7% |
% WFH | 39.2% | 340.4% |
% w/ College Degree | 72.6% | 2.0% |
As of the latest ACS Survey released in 2023, Issaquah, WA is a predominantly white area, with 50.3% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Issaquah, WA is asian, making up 34.2% of the population. Foreign-born residents account for 34.1% of the population in Issaquah, WA, and this percentage has increased by 20.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.3% | -10.3% |
% Black | 2.3% | -28.1% |
% Hispanic | 4.2% | -27.6% |
% Asian | 34.2% | 14.4% |
% Foreign Born | 34.1% | 20.1% |
Mortgage and Risk — Issaquah, WA
According to HUD data as of 2023, there were 271 mortgage originations in Issaquah, WA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Issaquah, WA. Investor activity is low, as 1.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 271 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Issaquah, WA
As of 2024, the percent of homes in Issaquah, WA under the Section 8 program is 4.7%. 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. In Issaquah, WA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 219 |
Total Units Section 8 | 219 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,030 | $2,060 | $3,090 |
| 2 Bedroom | $780 | $2,820 | $3,600 |
| 3 Bedroom | $1,170 | $3,580 | $4,750 |
| 4 Bedroom | $1,230 | $4,300 | $5,530 |
Affordability — Issaquah, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $1,173,000 |
| Median Household Income | $164,000 |