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Buying a home in Issaquah, Washington

The typical owner-occupied home in Issaquah is worth about $963,000, 71% above the Washington median of $564,600 and 2.9 times the national median of $332,700. Owners pay a median $7,312 a year in property taxes, about 0.76% of their home's value, lower than the Washington rate of 0.81%. The median household earns $154,669 a year, so the median home costs 6.2 times the median income (5.8 times for Washington). 57% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.

Issaquah at a glance

Issaquah Washington U.S.
Median home value $963,000 $564,600 $332,700
Median property tax paid per year $7,312 $4,556 $3,119
Property tax as a share of value 0.76% 0.81% 0.94%
Median household income $154,669 $98,141 $80,734
Homes lived in by their owners 57% 64% 65%
Owner homes with a mortgage 72% 66% 61%
Median monthly costs, owners with a mortgage $3,634 $2,445 $1,963
Those costs as a share of the owners' income 20.6% 22.2% 21.0%
Median rent $2,590 $1,760 $1,413
Rent as a share of renters' income 25.6% 30.0% 30.6%
Median year homes were built 2002 1985 1980
Vacant homes 5.0% 7.3% 10.1%
Population 39,591 7,816,116 334,922,499

What a typical home costs per month in Issaquah

At this week's average 30-year rate of 7.11%, buying the median Issaquah home of $963,000 with 20% down costs about $6,194 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,953, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $265,443 for the 20%-down payment. That payment is 48% of the median Issaquah household income of $154,669; at that income and 20% down, the 28% guideline points to a home of about $561,000.

The median rent here is $2,590 a month, so owning the median home costs about $3,604 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$192,600
Loan amount$770,400
Principal and interest$5,183
Property taxes (0.76% a year)$610
Homeowners insurance (our estimate, 0.5% a year)$401
PMI$0
Total per month$6,194

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3.5% down, 30-year FHA loan
Down payment$33,705
Loan amount$945,558
Principal and interest$6,361
Property taxes (0.76% a year)$610
Homeowners insurance (our estimate, 0.5% a year)$401
FHA mortgage insurance$581
Total per month$7,953

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Questions about home buying in Issaquah

What is the median home value in Issaquah?

About $963,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Issaquah?

Homeowners pay a median $7,312 a year, which is about 0.76% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Issaquah?

For the median home with 20% down at 7.11%, the payment is about $6,194 a month. Keeping that under 28% of gross income takes about $265,443 a year.

More about Issaquah

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data