Home prices
The price of the median home in Shadow Lake is $486,900. This is roughly $36,040 (7%) higher compared to nearby areas.It is roughly $269,400 (123%) higher compared to the entire nation, and compared to the city of Seattle is roughly $176,200 (26%) lower.
Rents
Shadow Lake's median rent is $1,200 a month. This is approximately $631 (34%) lower compared to its nearby areas.Compared to the United States as a whole it is approximately $138 (12%) higher, and compared to the city of Seattle is roughly $414 (25%) lower.
Nearby places
Covington
Covington is Shadow Lake's neighbor to the southwest. Its housing prices are substantially less expensive. The value of the median home in Covington is $357,300, which is $129,600 (36%) lower than Shadow Lake. Rents there are a little more expensive. The median rent in Covington is $1,764 a month, which works out to $564 (31%) higher than Shadow Lake.
Maple Valley
Maple Valley is about 2 miles southeast from Shadow Lake. Housing prices there are somewhat less expensive. The median home in Maple Valley is valued at $414,400, which is $72,500 (17%) lower than Shadow Lake. Rent there is significantly more expensive. Maple Valley's median monthly rent is $2,003, which comes out to $803 (40%) higher than Shadow Lake.
Hobart
Hobart is approximately 3 miles east of Shadow Lake. The housing prices there are somewhat more expensive. The price of the median home in Hobart is $551,200, which is $64,300 (11%) higher than Shadow Lake. Its rents are somewhat more expensive. Hobart's median rent is $1,601 a month, which is $401 (25%) higher than Shadow Lake.
Fairwood
Fairwood is roughly 3 miles northwest of Shadow Lake. Real estate prices there are somewhat less expensive. The median home price in Fairwood is $424,800, which comes out to $62,100 (14%) lower than Shadow Lake. The rent there is a bit more expensive. In Fairwood the median rent is $1,719 a month, which comes out to $519 (30%) higher than Shadow Lake.
East Renton Highlands
East Renton Highlands is approximately 4 miles north of Shadow Lake. Housing prices there are pretty similar. The cost of the median home in East Renton Highlands is $506,600, which is $19,700 (3%) higher than Shadow Lake. Rents there are substantially more expensive. East Renton Highlands's median rent is $2,066 per month, which works out to $866 (41%) higher than Shadow Lake.
