Bothell, Washington Housing Market Prices
Bothell Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 137% above the Washington median$1,150,754
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Median rent 32% above the Washington median$2,314
Housing Market Overview
| Metric | Bothell | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,150,754 | $485,016 | $248,835 |
| Price Trend (Annual %) | 27.6% | 10.9% | 7.5% |
| Median Gross Rent | $2,314 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 6.2% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bothell is about 137% higher than in Washington. Rent is about 32% higher than the Washington average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bothell, up about 27.6% and 6.2% a year respectively. Home prices are changing faster.
Median rent in Bothell rose about 68.8% between 2015 and 2024, from $1,371 to $2,314. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 7.7 yearly household incomes in Bothell.
Buying the median-priced home in Bothell costs roughly 41.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bothell. The price-to-rent ratio in Washington is about 23.0.
| Metric | Bothell | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,150,754 | $485,016 | $248,835 |
| Median Household Income | $148,505 | $98,224 | $80,455 |
| Price-to-Income Ratio | 7.7 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bothell rose about 263.0%, while median household income rose about 93.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bothell | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.1% | 59.1% | 58.5% |
| Rental Rate | 30.7% | 33.6% | 31.2% |
| Vacancy Rate | 5.2% | 7.3% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Bothell has a homeownership rate of 64.1%, higher than the Washington average of 59.1%. Its housing vacancy rate is 5.2%, compared with 7.3% in Washington.
Housing Stock
| Metric | Bothell | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1991 | 1983 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in Bothell was built around 1991. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Bothell, Washington.
What is the median home price in Bothell, Washington?
The median home price in Bothell, Washington is $1,150,754, higher than the Washington average of $485,016.
What is the average home price in Bothell, Washington?
The typical home price in Bothell, Washington, reported as the median sale price, is $1,150,754. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bothell, Washington?
The median gross rent in Bothell, Washington is $2,314 per month, higher than the Washington average of $1,759.
What was the median gross rent in Bothell in 2020?
In 2020, the median gross rent in Bothell, Washington was $1,771 per month.
What is the price-to-rent ratio in Bothell, Washington?
The price-to-rent ratio in Bothell, Washington is about 41.4, meaning it would take roughly 41.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bothell.
Are home prices or rent rising faster in Bothell, Washington?
Both home prices and rent are rising in Bothell, up about 27.6% and 6.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bothell, Washington?
64.1% of households in Bothell, Washington own their home, higher than the Washington average of 59.1%.
What is the vacancy rate in Bothell, Washington?
The housing vacancy rate in Bothell, Washington is 5.2%, lower than the Washington average of 7.3%.
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