Broadview, Shoreline, WA—98133
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Broadview, Shoreline, WA
As of Oct '25, the median home price in Broadview, Shoreline, WA is $742,000, with a year-over-year change of -1.6%. This indicates that home prices in Broadview, Shoreline, WA are decreasing. 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 | $742,000 | -1.6% |
| Single Family | $778,000 | -2.0% |
| Condos | $361,000 | -5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $298,000 | -6.9% |
2 Bed | $561,000 | -1.6% |
3 Bed | $756,000 | -2.1% |
4 Bed | $894,000 | -2.2% |
| 5 Bed | $993,000 | -2.6% |
% of Housing Stock
Rental Trends — Broadview, Shoreline, WA
As of July '25, Rentcast reports the average rent in Broadview, Shoreline, WA is $2,160, with a year-over-year rent change of -10.7%. Per bedroom, the median rent as of July '25 in Broadview, Shoreline, WA is studios: $1,350, 1-bedrooms: $1,590, 2-bedrooms: $2,160, 3-bedrooms: $3,180, 4-bedrooms: $4,010. The most common rental property sizes in Broadview, Shoreline, WA are 1-bedroom and 2-bedroom, accounting for 38.8% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,740 | $2,160 |
| Studio Rent | $1,400 | $1,350 |
| 1 Bed Rent | $1,600 | $1,590 |
| 2 Bed Rent | $2,050 | $2,160 |
| 3 Bed Rent | $3,150 | $3,180 |
| 4 Bed Rent | $3,950 | $4,010 |
% of Rental Stock
Property Listings — Broadview, Shoreline, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Broadview, Shoreline, WA is 48. This is a increase of 11.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $742,000 | 2.0% |
Listing Count | 166 | -4.0% |
| Listings as % of Homes | 0.3% | -4.0% |
Days on Market | 48 | 11.0% |
Demographics — Broadview, Shoreline, WA
As of the latest ACS Survey released in 2023, Broadview, Shoreline, WA has a population of 52,600, which has increased by 11.4% over the past 5 years. Broadview, Shoreline, WA is a moderately popular place for families, as children make up 16.3% of the population. The area has a highly educated workforce, with 51.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 52,600 | 11.4% |
% Under 18 | 16.3% | 9.4% |
% Seniors | 18.3% | 5.8% |
% WFH | 21.1% | 368.9% |
% w/ College Degree | 51.0% | 15.6% |
As of the latest ACS Survey released in 2023, Broadview, Shoreline, WA is a predominantly white area, with 56.5% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Broadview, Shoreline, WA is asian, making up 15.1% of the population. Foreign-born residents account for 22.6% of the population in Broadview, Shoreline, WA, and this percentage has increased by 2.7% 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 | 56.5% | -8.4% |
% Black | 8.6% | 22.9% |
% Hispanic | 11.2% | 24.4% |
% Asian | 15.1% | -7.9% |
% Foreign Born | 22.6% | 2.7% |
Mortgage and Risk — Broadview, Shoreline, WA
According to HUD data as of 2023, there were 730 mortgage originations in Broadview, Shoreline, WA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Broadview, Shoreline, WA. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 730 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Broadview, Shoreline, WA
As of 2024, the percent of homes in Broadview, Shoreline, WA under the Section 8 program is 12.4%. 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 Broadview, Shoreline, 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 | 2,006 |
Total Units Section 8 | 1,530 |
% Rentals under Section 8 | 12.4% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $620 | $1,600 | $2,220 |
| 2 Bedroom | $540 | $2,050 | $2,590 |
| 3 Bedroom | $260 | $3,150 | $3,410 |
| 4 Bedroom | $30 | $3,950 | $3,980 |
Affordability — Broadview, Shoreline, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $742,000 |
| Median Household Income | $92,400 |