Issaquah First-Time Homebuyer Report for October

Issaquah is a small city in Washington with a median income of $84,354 per household. Besides being very affluent, its population is older than others with a median age of 36 years. The Issaquah market is primarily made up of detached houses, which currently account for 79% of the homes for sale in the area. The best school in the city is Endeavour Elementary School.

Culture

According to Foursquare, Lake Sammamish State Park and Pickering Barn are the most popular outdoor attractions in Issaquah. For arts and entertainment, you'll find Regal Cinemas Issaquah Highlands 12 IMAX & RPX and Village Theatre. And finally, Coho Cafe, Tutta Bella Neapolitan Pizzeria, and Issaquah Cafe are frequently visited spots to eat.

Price Range

The median value of homes in Issaquah is $392,300, making it one of the most valuable areas in Washington. At the same time, the average list price of available homes is presently $678,030. The Issaquah market continues to experience a prolonged weakening as sales slumped again this week by 4.5% to 63 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Issaquah:

$4.5M   $695K   $1.1M  

Typical Dwelling

The typical dwelling in Issaquah is a two-bedroom detached home worth about $317,834. To purchase a similar home, a buyer with good credit and a $63,567 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,569 monthly payment. The property tax rate is $10.66 per $1,000 of taxable assessed value.

Get started right now by checking out Issaquah homes for sale or reviewing Issaquah real estate trends.


Data reported through 10/13/2016

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