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Edison CDP, WA

ZIP 98232 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98232

Median Home Value
$714,000
Median Rent
$1,198
Affordability Snapshot
$197,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,587/mo PITI).

14%
Rent-to-Income Ratio

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

7.2x
Home Price-to-Income Ratio

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

49.7 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 98232 in Edison CDP, WA, a household would need roughly $197,000 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 $4,587. That is about 98% above the local median household income ($99,728), 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

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.9%+36% vs US avg
x
Vacancy Rate
12.3%+20% vs US avg
x
Broadband Access
95.7%+10% vs US avg
x
4+ Bedrooms
4.2%-71% vs US avg
x
Built Pre-1939
1.2%-91% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
11.1%-78% vs US avg
x
Mortgage-Free
39.2%+3% vs US avg
x
$714,000
Home Value
$1,198
Rent
1978
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached91.5%
  • 1-unit attached1.8%
  • 2-9 units0.2%
  • 10+ units0.2%
  • Mobile home & other6.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$714,000
Median rent$1,198
Owner-occupied88.9%
Vacant12.3%
Price-to-income7.2x
Est. income to buy$197,000