Eastmont, Washington Housing Market Prices
Eastmont 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 42% above the Washington median$687,158
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Median rent 37% above the Washington median$2,406
Housing Market Overview
| Metric | Eastmont | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $687,158 | $485,016 | $248,835 |
| Price Trend (Annual %) | 19.8% | 10.9% | 7.5% |
| Median Gross Rent | $2,406 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 6.9% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Eastmont is about 42% higher than in Washington. Rent is about 37% 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 Eastmont, up about 19.8% and 6.9% a year respectively. Home prices are changing faster.
Median rent in Eastmont rose about 76.8% between 2015 and 2024, from $1,361 to $2,406. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in Eastmont.
Buying the median-priced home in Eastmont costs roughly 23.8 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 Eastmont. The price-to-rent ratio in Washington is about 23.0.
| Metric | Eastmont | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $687,158 | $485,016 | $248,835 |
| Median Household Income | $131,432 | $98,224 | $80,455 |
| Price-to-Income Ratio | 5.2 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Eastmont rose about 89.6%, while median household income rose about 55.4% 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 | Eastmont | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.3% | 59.1% | 58.5% |
| Rental Rate | 18.5% | 33.6% | 31.2% |
| Vacancy Rate | 3.2% | 7.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Eastmont has a homeownership rate of 78.3%, higher than the Washington average of 59.1%. Its housing vacancy rate is 3.2%, compared with 7.3% in Washington.
Housing Stock
| Metric | Eastmont | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.94 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1993 | 1983 | 1978 |
| Median Number of Rooms | 6.4 | 5.5 | 5.5 |
The typical housing unit in Eastmont was built around 1993. On average, 2.9 people live in a home with about 6.4 rooms, staying for about 14.0 years on average.
Eastmont, WA Housing Compared With Nearby Cities
How Eastmont, WA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Eastmont, WA | 25,029 | $687,158 #1/2 | $2,406 #1/2 | 80.9% #1/2 |
| Everett, WA | 112,662 | $568,921 | $1,725 | 51.6% |
Frequently Asked Questions
Common questions about the housing market in Eastmont, Washington.
What is the median home price in Eastmont, Washington?
The median home price in Eastmont, Washington is $687,158, higher than the Washington average of $485,016.
What is the average home price in Eastmont, Washington?
The typical home price in Eastmont, Washington, reported as the median sale price, is $687,158. 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 Eastmont, Washington?
The median gross rent in Eastmont, Washington is $2,406 per month, higher than the Washington average of $1,759.
What was the median gross rent in Eastmont in 2020?
In 2020, the median gross rent in Eastmont, Washington was $1,850 per month.
What is the price-to-rent ratio in Eastmont, Washington?
The price-to-rent ratio in Eastmont, Washington is about 23.8, meaning it would take roughly 23.8 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 Eastmont.
Are home prices or rent rising faster in Eastmont, Washington?
Both home prices and rent are rising in Eastmont, up about 19.8% and 6.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Eastmont, Washington?
78.3% of households in Eastmont, Washington own their home, higher than the Washington average of 59.1%.
What is the vacancy rate in Eastmont, Washington?
The housing vacancy rate in Eastmont, Washington is 3.2%, lower than the Washington average of 7.3%.
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