Burien, WA 98148 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Burien, WA—98148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$613,000

1.8% YoY Growth

Household Income

$87,000

55.2% YoY Growth

Days on Market

15.0% Longer YoY

Home Price Forecast

-1.5%

Median Rent

$1,600

12.5% YoY Growth

1-Bed Rent

$1,580

5.4% YoY Growth

2-Bed Rent

$1,980

2.6% YoY Growth

3-Bed Rent

$2,400

11.0% YoY Growth

Home Price Trends — Burien, WA

As of May '26, the median home price in Burien, WA is $613,000, with a year-over-year change of -1.8%. This indicates that home prices in Burien, WA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$613,000	-1.8%
Single Family	$646,000	-1.4%
Condos	$255,000	-4.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Burien, WA

As of July '25, Rentcast reports the average rent in Burien, WA is $1,890, with a year-over-year rent change of -12.5%. Per bedroom, the median rent as of July '25 in Burien, WA is 1-bedrooms: $1,560, 2-bedrooms: $1,950, 3-bedrooms: $2,830. The most common rental property sizes in Burien, WA are 1-bedroom and 2-bedroom, accounting for 38.8% and 36.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,890
Studio Rent	N/A	N/A
1 Bed Rent	$1,580	$1,560
2 Bed Rent	$1,980	$1,950
3 Bed Rent	$2,400	$2,830
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.5%

1 Bedroom

38.8%

2 Bedrooms

36.7%

3 Bedrooms

12.4%

4 Bedrooms

4.0%

5+ Bedrooms

1.7%

Property Listings — Burien, WA

As of May '26, Realtor.com reports that the median days on market for a home in Burien, WA is 21. This is a increase of 15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$417,000	-9.0%
Listing Count	14	2.0%
Listings as % of Homes	0.4%	2.0%
Days on Market	21	15.0%

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Demographics — Burien, WA

As of the latest ACS Survey released in 2023, Burien, WA has a population of 10,400, which has decreased by -11.6% over the past 5 years. Burien, WA is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,400	-11.6%
% Under 18	22.1%	-9.4%
% Seniors	11.1%	-17.2%
% WFH	11.6%	231.4%
% w/ College Degree	28.2%	32.4%

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As of the latest ACS Survey released in 2023, Burien, WA is a predominantly white area, with 41.9% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Burien, WA is hispanic, making up 27.5% of the population. Foreign-born residents account for 22.3% of the population in Burien, WA, and this percentage has decreased by 11.9% 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	41.9%	-2.8%
% Black	9.5%	-20.2%
% Hispanic	27.5%	11.8%
% Asian	12.3%	-6.1%
% Foreign Born	22.3%	-11.9%

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Mortgage and Risk — Burien, WA

According to HUD data as of 2023, there were 88 mortgage originations in Burien, WA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Burien, 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	88
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	3.0%

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Rentals and Section 8 — Burien, WA

Burien, WA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	210
Total Units Section 8	105
% Rentals under Section 8	5.1%
% Occupied Section 8	100.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$470	$1,580	$2,050
2 Bedroom	$410	$1,980	$2,390
3 Bedroom	$760	$2,400	$3,160
4 Bedroom	N/A	N/A	$3,680

Burien, WA—98148

Key Metrics at a Glance

Home Price Trends — Burien, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Burien, WA

% of Rental Stock

Property Listings — Burien, WA

Demographics — Burien, WA

Race and Ethnicity

Mortgage and Risk — Burien, WA

Mortgages

Rentals and Section 8 — Burien, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Burien, WA

Home Price to Income Ratio

Burien, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Normandy Park, Burien, WA

Boulevard Park, Seatac, WA

Tukwila, Seatac, WA

Des Moines, WA

White Center, Burien, WA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.9
Median Home Price	$613,000
Median Household Income	$87,000

Burien, WA—98148

Key Metrics at a Glance

Home Price Trends — Burien, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Burien, WA

% of Rental Stock

Property Listings — Burien, WA

Demographics — Burien, WA

Race and Ethnicity

Mortgage and Risk — Burien, WA

Mortgages

Rentals and Section 8 — Burien, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Burien, WA

Home Price to Income Ratio

Burien, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Normandy Park, Burien, WA

Boulevard Park, Seatac, WA

Tukwila, Seatac, WA

Des Moines, WA

White Center, Burien, WA

Frequently Asked Questions

What is the average home price in Burien, WA 98148?

How have home prices in Burien, WA 98148 changed over the past year?

What is the home price projection for Burien, WA 98148?

What are the demographics of Burien, WA 98148?

How long does it take homes to sell in Burien, WA 98148?

What is the average rent price in Burien, WA 98148?