Tukwila, Seatac, WA—98188
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tukwila, Seatac, WA
As of Oct '25, the median home price in Tukwila, Seatac, WA is $569,000, with a year-over-year change of -0.1%. This indicates that home prices in Tukwila, Seatac, WA are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $569,000 | -0.1% |
| Single Family | $613,000 | -0.2% |
| Condos | $276,000 | -5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $211,000 | -5.8% |
2 Bed | $333,000 | -6.5% |
3 Bed | $577,000 | -0.2% |
4 Bed | $682,000 | -0.4% |
| 5 Bed | $776,000 | -0.6% |
% of Housing Stock
Rental Trends — Tukwila, Seatac, WA
As of July '25, Rentcast reports the average rent in Tukwila, Seatac, WA is $1,920, with a year-over-year rent change of 6.1%. Per bedroom, the median rent as of July '25 in Tukwila, Seatac, WA is studios: $1,590, 1-bedrooms: $1,560, 2-bedrooms: $2,090, 3-bedrooms: $3,370, 4-bedrooms: $4,200. The most common rental property sizes in Tukwila, Seatac, WA are 1-bedroom and 2-bedroom, accounting for 41.6% and 39.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,920 |
| Studio Rent | $1,510 | $1,590 |
| 1 Bed Rent | $1,550 | $1,560 |
| 2 Bed Rent | $2,000 | $2,090 |
| 3 Bed Rent | $3,200 | $3,370 |
| 4 Bed Rent | $4,200 | $4,200 |
% of Rental Stock
Property Listings — Tukwila, Seatac, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Tukwila, Seatac, WA is 42. This is a increase of 3.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $590,000 | -18.0% |
Listing Count | 47 | -1.0% |
| Listings as % of Homes | 0.2% | -1.0% |
Days on Market | 42 | 3.0% |
Demographics — Tukwila, Seatac, WA
As of the latest ACS Survey released in 2023, Tukwila, Seatac, WA has a population of 26,800, which has increased by 7.4% over the past 5 years. Tukwila, Seatac, WA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 26.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,800 | 7.4% |
% Under 18 | 20.8% | -0.5% |
% Seniors | 14.0% | 21.7% |
% WFH | 10.9% | 373.9% |
% w/ College Degree | 26.5% | 15.2% |
As of the latest ACS Survey released in 2023, Tukwila, Seatac, WA is a predominantly white area, with 27.8% of the population identifying as white. The white population has shrunk by 21.5% in the last 5 years. The second most common race or ethnicity in Tukwila, Seatac, WA is black, making up 26.4% of the population. Foreign-born residents account for 40.7% of the population in Tukwila, Seatac, WA, and this percentage has increased by 6.3% 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 | 27.8% | -21.5% |
% Black | 26.4% | 12.3% |
% Hispanic | 21.4% | 43.6% |
% Asian | 15.0% | -5.7% |
% Foreign Born | 40.7% | 6.3% |
Mortgage and Risk — Tukwila, Seatac, WA
According to HUD data as of 2023, there were 297 mortgage originations in Tukwila, Seatac, WA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Tukwila, Seatac, WA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 297 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Tukwila, Seatac, WA
As of 2024, the percent of homes in Tukwila, Seatac, WA under the Section 8 program is 5.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Tukwila, Seatac, WA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 369 |
Total Units Section 8 | 369 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $500 | $1,550 | $2,050 |
| 2 Bedroom | $390 | $2,000 | $2,390 |
| 3 Bedroom | -$40 | $3,200 | $3,160 |
| 4 Bedroom | -$520 | $4,200 | $3,680 |
Affordability — Tukwila, Seatac, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $569,000 |
| Median Household Income | $76,600 |