Median price for residential apartments in Bonney Lake, WA as of Oct, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
117 Bonney Lake, WA 98391, USA apartments for sale
Bonney Lake
According to statistics, the population in Bonney Lake, WA amounts to 19,560, which shows growth 3% compared to the previous year. The median age of the city’s residents is 34. The average household income is $90,580, shifting growth 5% from the past year, and the average property value in Bonney Lake, WA growth 5% to $286,200 throughout the year.
| Population | 19,560 |
| Median Age | 34.2 |
| Poverty Rate | 8% |
| Household Income | $90,580 |
| Number Of Employees | 9,952 |
| Median Property Value | $286,200 |
Household Income
The average household income in Bonney Lake, WA grew from $85,975 to $90,580 in the past year. This data is an estimate based upon 6,529 households in Bonney Lake, WA . The chart below presents how household income is distributed in Bonney Lake, WA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Bonney Lake, WA shifted from $272,400 to $286,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Bonney Lake, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Bonney Lake, WA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bonney Lake, WA compared to median property taxes around the country. The prevalent amount of property taxes in Bonney Lake, WA equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Bonney Lake, WA 98391, USA
Average apartment sale in Bonney Lake: $779,381 (+4.6%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $1,317,749 | +137.2% |
| 2-bed apartments | $1,015,950 | N/A |
| 3-bed apartments | $537,833 | -7.5% |
| 4+ bed apartments | $743,794 | -12.3% |
During Oct 2022, the average price for an apartment in/near Bonney Lake, WA increased by 4.6% to $779,381.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $1,015,950. A 3-bed apartment goes for $537,833, it decreased by 7.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 12.3% and made it down to $743,794.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Houses for sale | $675,088 | -13.2% |
| Lofts for sale | $699,950 | +15.2% |
| Condos for sale | $475,000 | N/A |
| Land for sale | $1,460,292 | +180% |
| Townhouses for sale | $515,000 | -2.4% |
| Apartments for sale | $319,950 | N/A |
While assessing the property pricing Bonney Lake, WA, you can note that it remains flat with a price tag of $319,950. Price reports demonstrate that house price decreased by 13.2% this month making it up to $675,088. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $475,000. The price dynamics of lofts changed, it increased by 15.2%, the price tag now starts at $699,950. The property value of townhouses decreased by 2.4%, you’ll have to spend around $515,000 to get one.