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Buying a home in Snoqualmie, Washington

The typical owner-occupied home in Snoqualmie is worth about $977,200, 73% above the Washington median of $564,600 and 2.9 times the national median of $332,700. Owners pay a median $8,316 a year in property taxes, about 0.85% of their home's value, higher than the Washington rate of 0.81%. The median household earns $214,107 a year, so the median home costs 4.6 times the median income (5.8 times for Washington). 85% of occupied homes here are lived in by their owners, and 84% of those owners still have a mortgage.

Snoqualmie at a glance

Snoqualmie Washington U.S.
Median home value $977,200 $564,600 $332,700
Median property tax paid per year $8,316 $4,556 $3,119
Property tax as a share of value 0.85% 0.81% 0.94%
Median household income $214,107 $98,141 $80,734
Homes lived in by their owners 85% 64% 65%
Owner homes with a mortgage 84% 66% 61%
Median monthly costs, owners with a mortgage $3,626 $2,445 $1,963
Those costs as a share of the owners' income 19.3% 22.2% 21.0%
Median rent $2,938 $1,760 $1,413
Rent as a share of renters' income 25.4% 30.0% 30.6%
Median year homes were built 2005 1985 1980
Vacant homes 4.0% 7.3% 10.1%
Population 13,798 7,816,116 334,922,499

What a typical home costs per month in Snoqualmie

At this week's average 30-year rate of 7.11%, buying the median Snoqualmie home of $977,200 with 20% down costs about $6,358 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,143, 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 $272,499 for the 20%-down payment. That payment is 36% of the median Snoqualmie household income of $214,107; at that income and 20% down, the 28% guideline points to a home of about $768,000.

The median rent here is $2,938 a month, so owning the median home costs about $3,420 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$195,440
Loan amount$781,760
Principal and interest$5,259
Property taxes (0.85% a year)$692
Homeowners insurance (our estimate, 0.5% a year)$407
PMI$0
Total per month$6,358

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3.5% down, 30-year FHA loan
Down payment$34,202
Loan amount$959,500
Principal and interest$6,455
Property taxes (0.85% a year)$692
Homeowners insurance (our estimate, 0.5% a year)$407
FHA mortgage insurance$589
Total per month$8,143

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Questions about home buying in Snoqualmie

What is the median home value in Snoqualmie?

About $977,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Snoqualmie?

Homeowners pay a median $8,316 a year, which is about 0.85% 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 Snoqualmie?

For the median home with 20% down at 7.11%, the payment is about $6,358 a month. Keeping that under 28% of gross income takes about $272,499 a year.

More about Snoqualmie

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