Industrial District, Seattle, WA—98134
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Industrial District, Seattle, WA
As of Oct '25, the median home price in Industrial District, Seattle, WA is $440,000, with a year-over-year change of -3.1%. This indicates that home prices in Industrial District, Seattle, WA are decreasing. 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 | $440,000 | -3.1% |
| Single Family | N/A | N/A |
| Condos | $416,000 | -4.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Industrial District, Seattle, WA
As of July '25, Rentcast reports the average rent in Industrial District, Seattle, WA is $1,400, with a year-over-year rent change of -43.5%. Per bedroom, the median rent as of July '25 in Industrial District, Seattle, WA is 1-bedrooms: $1,400. The most common rental property sizes in Industrial District, Seattle, WA are 1-bedroom and studio, accounting for 62.3% and 26.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Industrial District, Seattle, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Industrial District, Seattle, WA is 48. This is a increase of 54.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $405,000 | 19.0% |
Listing Count | 5 | 20.0% |
| Listings as % of Homes | 0.8% | 20.0% |
Days on Market | 48 | 54.0% |
Demographics — Industrial District, Seattle, WA
As of the latest ACS Survey released in 2023, Industrial District, Seattle, WA has a population of 779, which has decreased by -3.1% over the past 5 years. Industrial District, Seattle, WA is a less popular place for families, as children make up 0.0% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 779 | -3.1% |
% Under 18 | 0.0% | -100.0% |
% Seniors | 18.9% | 8.6% |
% WFH | 5.2% | -84.7% |
% w/ College Degree | 26.0% | -15.0% |
As of the latest ACS Survey released in 2023, Industrial District, Seattle, WA is a predominantly white area, with 56.2% of the population identifying as white. The white population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Industrial District, Seattle, WA is asian, making up 11.3% of the population. Foreign-born residents account for 13.5% of the population in Industrial District, Seattle, WA, and this percentage has decreased by 8.2% 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 | 56.2% | 3.3% |
% Black | 8.0% | -34.4% |
% Hispanic | 7.3% | 1.4% |
% Asian | 11.3% | -17.5% |
% Foreign Born | 13.5% | -8.2% |
Mortgage and Risk — Industrial District, Seattle, WA
According to HUD data as of 2023, there were 34 mortgage originations in Industrial District, Seattle, WA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Industrial District, Seattle, WA. Investor activity is low, as 0.0% 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 | 34 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Industrial District, Seattle, WA
Industrial District, Seattle, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $890 | $1,400 | $2,290 |
| 2 Bedroom | N/A | N/A | $2,670 |
| 3 Bedroom | N/A | N/A | $3,540 |
| 4 Bedroom | N/A | N/A | $4,120 |
Affordability — Industrial District, Seattle, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $440,000 |
| Median Household Income | $66,100 |