According to statistics, the population in Shoreline, WA amounts to 55,431, which shows decline 1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $76,271, shifting growth 8% from the past year, and the average property value in Shoreline, WA growth 11% to $389,300 throughout the year.
|Number Of Employees||29,708|
|Median Property Value||$389,300|
The average household income in Shoreline, WA grew from $70,398 to $76,271 in the past year. This data is an estimate based upon 21,930 households in Shoreline, WA . The chart below presents how household income is distributed in Shoreline, WA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Shoreline, WA shifted from $352,200 to $389,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Shoreline, WA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Shoreline, WA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Shoreline, WA compared to median property taxes around the country. The prevalent amount of property taxes in Shoreline, WA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$695,000||N/A|
|1 bed for sale||$301,000||N/A|
|2 bed for sale||$594,453||N/A|
|3 bed for sale||$749,468||-13.5%|
|4+ bed for sale||$1,892,843||+78.4%|
During Jul 2022, the average price for an apartment in/near Shoreline, WA increased by 51.5% to $1,321,156.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $301,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $594,453. A 3-bed apartment goes for $749,468, it decreased by 13.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 78.4% and made it up to $1,892,843.
|Listing Type||Jul||vs Last Month|
|Land for sale||$7,085,000||+608.5%|
|Houses for sale||$1,027,870||+8.8%|
|Condos for sale||$738,300||+19.8%|
|Townhouses for sale||$779,950||N/A|
Price reports demonstrate that house price increased by 8.8% this month making it up to $1,027,870. Condos are really in demand in this season. The median price for a condo increased by 19.8%, it’s now available for $738,300. Value of the townhouses didn’t change, the price still starts at $779,950.