Let’s check in again on the cheapest homes around Seattle proper. For methodology and a brief explanation of the reasoning behind this series, hit the April post.
Please note: These posts should not be construed to be an advertisement or endorsement of any specific home for sale. We are merely taking a brief snapshot of the market at a given time. Also, just because a home makes it onto the “cheapest” list, that does not indicate that it is a good value.
Here are this month’s three cheapest single-family homes in the city limits of Seattle (according to Redfin):
Address | Price | Beds | Baths | SqFt | Lot Size | Neighborhood | $ / SqFt | Notes |
8523 Dallas Ave S | $115,000 | 2 | 1 | 900 | 3,480 sqft | South Park | $134 | Bank-Owned |
9444 15th Ave SW | $149,000 | 2 | 1 | 830 | 2,145 sqft | Delridge | $180 | Probable Short Sale |
526 S Concord St | $154,950 | 1 | 1 | 530 | 6,000 sqft | South Park | $292 | – |
The #1 home from July’s post retained its top spot, with another $6,000 reduction in price. July’s #2 home went off the market, while #3 is still on the market at the same price ($160k).
Stats snapshot for Seattle Single-Family Homes Under $200,000
Total on market: 48
Average number of beds: 2.3
Average number of baths: 1.2
Average square footage: 1,042
Average days on market: 73
Here are the three cheapest homes in terms of dollars per square foot:
Address | $ / SqFt | Price | Beds | Baths | SqFt | Lot Size | Neighborhood | Notes |
9345 7th Ave S. | $74 | $404,988 | 4 | 2.5 | 5,463 | 2,283 sqft | South Park | Short Sale |
5926 S Eastwood Dr | $74 | $205,000 | 4 | 2.75 | 2,760 | 6,000 sqft | Rainier View | – |
9021 10th Ave SW | $97 | $285,000 | 5 | 3 | 2,950 | 7,140 sqft | Highland Park | New Construction |
July’s #3 in terms of $/sqft is still on the market, but for some reason the listing now does not mention the structure, so I removed it from the list. Also, the Eastwood Dr listing seems to have mysteriously gained 310 sqft since we last noticed it. Hmm…
Here’s the last bonus: The lowest dollars per square foot on a house priced above $500,000: 9457 10th Ave SW at $137 $/sqft. $549,888, 7 beds, 4 baths, 4,000 square feet. New construction, first listed in August of last year.