Alki Home Prices & Values

$566,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.0% 1-year change
  • 4.9% 1-year forecast

Market Temperature: Very ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Alki is $566,600. Alki home values have gone up 6.0% over the past year and Zillow predicts they will rise 4.9% within the next year. The median list price per square foot in Alki is $379, which is higher than the Seattle average of $338. The median price of homes currently listed in Alki is $599,999 while the median price of homes that sold is $583,059.

Foreclosures will be a factor impacting home values in the next several years. In Alki 3.7 homes are foreclosed (per 10,000). This is greater than the Seattle value of 2.9 and also lower than the national value of 4.4

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Relative ZHVI
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Alki Market Overview

Data through Jul 31, 2014
  • $566,600 ZHVI
  • 4.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $599,999 Median listing price
  • $583,059 Median sale price
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Alki Market Health

Data through Jul 31, 2014
  • 6.0/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.7 homes(Mar 31, 2014) Alki
2.9 homes Seattle
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Fauntleroy $543,600 Admiral $528,600 Seaview $473,400
Junction $461,100 Gatewood $449,100 Fairmount Park $428,100
Riverview $329,900 North Delridge $323,700 High Point $321,300

Listings & Sales

Data through Jul 31, 2014
  • $379 Median list price / sq ft
  • $364 Median sale price / sq ft
  • 38.5% Listings with price cut
16.4%
Sold below listing
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Alki Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,357 Alki
$2,115 Seattle
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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