Housing Affordability

  1. Overall Housing Affordability Index
  2. First-Time Buyer Housing Affordability Index
Source University of Washington: Runstad Center for Real Estate Studies
Data Table 4-07: Housing Affordability
Explanation Thurston County's housing affordability index was 183.4 for the first quarter of 2015. Real estate was slightly more affordable than the first quarter of 2014 (when the index was 181.4), and still more affordable than the past low of the first quarter of 2007 (104.8).

Thurston County remains:
  • More affordable than the counties associated with the Seattle/Tacoma/Everett metropolitan area (King, Kitsap, Pierce and Snohomish).
  • Less affordable than adjacent counties to the west and south (Grays Harbor, Lewis, and Mason).
Affordability for first-time homebuyers in Thurston County decreased slightly in the first quarter of 2015 (from an index of 99.0 in 2014 to 97.2 in 2015). Real estate however remains more affordable for first-time homebuyers than in 2006 or 2007 (when indices were below 70.0).
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