Frederickson, Washington Housing Market Prices
Frederickson 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 54% above the Washington median$744,755
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Median rent 33% above the Washington median$2,343
Housing Market Overview
| Metric | Frederickson | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $744,755 | $485,016 | $248,835 |
| Price Trend (Annual %) | 21.1% | 10.9% | 7.5% |
| Median Gross Rent | $2,343 | $1,759 | $1,407 |
| Rent Trend (Annual %) | 6.8% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Frederickson is about 54% higher than in Washington. Rent is about 33% 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 Frederickson, up about 21.1% and 6.8% a year respectively. Home prices are changing faster.
Median rent in Frederickson rose about 65.2% between 2015 and 2024, from $1,418 to $2,343. Over the same span, rent in Washington rose about 73.4%.
Affordability
On average, housing unit costs 6.7 yearly household incomes in Frederickson.
Buying the median-priced home in Frederickson costs roughly 26.5 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 Frederickson. The price-to-rent ratio in Washington is about 23.0.
| Metric | Frederickson | Washington Avg | US Average |
|---|---|---|---|
| Median Home Price | $744,755 | $485,016 | $248,835 |
| Median Household Income | $110,471 | $98,224 | $80,455 |
| Price-to-Income Ratio | 6.7 | 4.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Frederickson rose about 338.8%, while median household income rose about 52.2% 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 | Frederickson | Washington Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.2% | 59.1% | 58.5% |
| Rental Rate | 25.0% | 33.6% | 31.2% |
| Vacancy Rate | 4.8% | 7.3% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Frederickson has a homeownership rate of 70.2%, higher than the Washington average of 59.1%. Its housing vacancy rate is 4.8%, compared with 7.3% in Washington.
Housing Stock
| Metric | Frederickson | Washington Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.12 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2002 | 1983 | 1978 |
| Median Number of Rooms | 6.2 | 5.5 | 5.5 |
The typical housing unit in Frederickson was built around 2002. On average, 3.1 people live in a home with about 6.2 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Frederickson, Washington.
What is the median home price in Frederickson, Washington?
The median home price in Frederickson, Washington is $744,755, higher than the Washington average of $485,016.
What is the average home price in Frederickson, Washington?
The typical home price in Frederickson, Washington, reported as the median sale price, is $744,755. 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 Frederickson, Washington?
The median gross rent in Frederickson, Washington is $2,343 per month, higher than the Washington average of $1,759.
What was the median gross rent in Frederickson in 2020?
In 2020, the median gross rent in Frederickson, Washington was $1,749 per month.
What is the price-to-rent ratio in Frederickson, Washington?
The price-to-rent ratio in Frederickson, Washington is about 26.5, meaning it would take roughly 26.5 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 Frederickson.
Are home prices or rent rising faster in Frederickson, Washington?
Both home prices and rent are rising in Frederickson, up about 21.1% and 6.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Frederickson, Washington?
70.2% of households in Frederickson, Washington own their home, higher than the Washington average of 59.1%.
What is the vacancy rate in Frederickson, Washington?
The housing vacancy rate in Frederickson, Washington is 4.8%, lower than the Washington average of 7.3%.
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