The story of this market
The typical home in ZIP 98002 sells for about $493,557, or $325 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,659 a month.
ZIP 98002 — Auburn
The 98002 housing market is currently experiencing a period of stagnation, with price growth softening and inventory levels rising. High interest rates continue to suppress transaction volume, while the high share of renters and tenant-protective regulations make this a challenging environment for generalist investors.
This ZIP is best suited for budget-conscious family buyers and commuters who prioritize transit access to Seattle or Tacoma over luxury amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 28 days on market with 3.2 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 12.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98002, King County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Auburn are generally higher than the national average, with property crime being the most frequently reported issue in the 98002 area.
Schools in the Auburn School District serving 98002 generally receive mixed ratings, with many institutions performing below the state average in proficiency metrics.
The area faces moderate flood risks in low-lying sections near the Green River, while wildfire risk is considered low for this urbanized ZIP code.
Economic momentum is driven by proximity to major logistics and distribution hubs in the Kent Valley, though residential development is constrained by existing density.
Property taxes are assessed by King County based on the annual market value of the property, with rates determined by a combination of state, county, city, and school district levies.
Residents benefit from proximity to State Route 167 and the Sounder commuter rail, providing direct transit access to downtown Seattle and Tacoma employment centers.
The area features several local parks such as Les Gove Park and proximity to the Green River Trail, with major retail shopping concentrated along the Auburn Way corridor.
The rental market is characterized by high renter density (52.6%) and significant vacancy pressure, with a regulatory environment that is highly protective of tenants.
The local economy is anchored by the logistics, manufacturing, and distribution sectors, heavily influenced by the industrial activity in the surrounding Kent Valley.
The area is served by King County Metro bus routes and the Sounder commuter rail, which connects Auburn to Seattle and Tacoma.
Development is focused on transit-oriented projects near the Auburn Sounder station and infill residential projects in the downtown core.
The King County Department of Assessments performs annual revaluations of all properties to ensure assessments reflect current market conditions.
Parcels are subject to levies from the Auburn School District, King County, and various utility districts including the Auburn Water Division.
Property insurance premiums are rising due to regional wildfire and flood exposure, though 98002 is generally considered a lower-risk zone compared to the mountain foothills.
Data retrieved from data.census.gov ZCTA 98002 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Wild Waves Theme and Water Park3.94.6 mi
- Sky Zone Trampoline Park4.111 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.311.9 mi
- Round1 Bowling & Arcade411.6 mi
- Round1 Bowling & Arcade - Puyallup3.810.2 mi
- Washington State Fair Event Center4.38.4 mi
- Tacoma Dome4.110.5 mi
- Topgolf Renton4.113.9 mi
- Wild Waves Theme and Water Park3.94.6 mi
- White River Amphitheatre4.16.4 mi
- Westfield Southcenter4.411.5 mi
- Washington State Fair Event Center4.38.4 mi
- AMC Southcenter 164.311.5 mi
- Sky Zone Trampoline Park4.111 mi
- Dash Point State Park4.58.8 mi
- The Museum of Flight4.815.9 mi
- Museum of Glass4.510.6 mi
- LeMay - America’s Car Museum4.710.7 mi
- Children's Museum of Tacoma4.610.7 mi
- Tacoma Art Museum4.610.7 mi
- Dash Point State Park4.58.8 mi
- North Lake Tapps Park4.54.4 mi
- Saltwater State Park4.57.2 mi
- Angle Lake Park4.59.9 mi
- Game Farm Park4.51.2 mi
- Mercer Island Beach Club4.516.1 mi
- Tacoma Yacht Club4.713.8 mi
- Point Defiance Marina4.714 mi
- City of Des Moines Marina4.59 mi
- Foss Harbor Marina4.610.5 mi
- Washington National Golf Club4.13.4 mi
- Riverbend Golf Complex4.26.3 mi
- Maplewood Golf Course4.312.5 mi
- Druid's Glen Golf Club4.17.7 mi
- High Cedars Golf Club4.112.3 mi
- Westfield Southcenter4.411.5 mi
- Tacoma Mall4.112.9 mi
- The Outlet Collection Seattle4.21.2 mi
- WinCo Foods4.48.3 mi
- South Hill Mall4.110.1 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.411 mi
- King County International Airport - Boeing Field4.517.2 mi
- Kenmore Air - Lake Union4.623.8 mi
- The Club SEA2.710.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community hub featuring playgrounds, walking paths, and the White River Valley Museum.
A major regional trail system providing extensive biking and walking opportunities along the river.
The primary commercial corridor featuring a high density of retail, dining, and service businesses.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.