US5.com
  1. Home
  2. States
  3. Washington
  4. ZIP 98024
  5. Housing & Real Estate
Fall City CDP, WA

ZIP 98024 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98024

Median Home Value
$1,005,100
Median Rent
$1,208
Affordability Snapshot
$277,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,456/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

69.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98024 in Fall City CDP, WA, a household would need roughly $277,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,456. That is about 81% above the local median household income ($152,726), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
87.7%+34% vs US avg
x
Vacancy Rate
8.4%-18% vs US avg
x
Broadband Access
94.4%+9% vs US avg
x
4+ Bedrooms
5.4%-63% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
27.8%-44% vs US avg
x
Mortgage-Free
34.1%-11% vs US avg
x
$1,005,100
Home Value
$1,208
Rent
1981
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached90.0%
  • 1-unit attached0.6%
  • 2-9 units1.6%
  • 10+ units0.4%
  • Mobile home & other7.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,005,100
Median rent$1,208
Owner-occupied87.7%
Vacant8.4%
Price-to-income6.6x
Est. income to buy$277,000