Normandy Park, Burien, WA98166

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$807,000
1.9% YoY Growth
Median Household Income
$112,000
40.9% 5-Year Growth
Days on Market
40
13.0% Longer than last year
Home Price Forecast
-0.2%
Median Rent
$1,820
15.3% YoY Growth
1-Bed Rent
$1,500
2.6% YoY Growth
2-Bed Rent
$1,880
22.5% YoY Growth
3-Bed Rent
$3,400
0.7% YoY Growth

Property Listings — Normandy Park, Burien, WA

As of Oct '25, Realtor.com reports that the median days on market for a home in Normandy Park, Burien, WA is 40. This is a increase of 13.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$887,0001.0%
Listing Count
64-17.0%
Listings as % of Homes0.3%-17.0%
Days on Market
4013.0%
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Demographics — Normandy Park, Burien, WA

As of the latest ACS Survey released in 2023, Normandy Park, Burien, WA has a population of 22,000, which has increased by 3.7% over the past 5 years. Normandy Park, Burien, WA is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
22,0003.7%
% Under 18
18.3%-9.4%
% Seniors
20.3%23.0%
% WFH
23.5%312.3%
% w/ College Degree
45.5%10.4%
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As of the latest ACS Survey released in 2023, Normandy Park, Burien, WA is a predominantly white area, with 69.1% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Normandy Park, Burien, WA is hispanic, making up 11.6% of the population. Foreign-born residents account for 13.2% of the population in Normandy Park, Burien, WA, and this percentage has decreased by 4.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
69.1%-0.9%
% Black
2.0%-55.6%
% Hispanic
11.6%-21.1%
% Asian
7.9%9.7%
% Foreign Born
13.2%-4.3%
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Mortgage and Risk — Normandy Park, Burien, WA

According to HUD data as of 2023, there were 349 mortgage originations in Normandy Park, Burien, WA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Normandy Park, Burien, WA. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
349
% Conventional Loans
93.0%
% Government Loans
7.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Normandy Park, Burien, WA

As of 2024, the percent of homes in Normandy Park, Burien, WA under the Section 8 program is 5.3%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Normandy Park, Burien, WA, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
319
Total Units Section 8
217
% Rentals under Section 8
5.3%
% Occupied Section 8
100.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$550$1,500$2,050
2 Bedroom$510$1,880$2,390
3 Bedroom-$240$3,400$3,160
4 Bedroom$580$3,100$3,680

Affordability — Normandy Park, Burien, WA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.7
Median Home Price$807,000
Median Household Income$112,000

Normandy Park, Burien, WA — ZIP Code Boundary Map

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Frequently Asked Questions