Housing in Nile

A typical Nile home is worth roughly $432,000

Home prices around Nile have risen about 37% over the past 5 years.

Typical home value

$432K

▲ 7.5% in a year · WA $592K

Estimate

2-bedroom rent

$1,860

a month, utilities in · HUD

Median tax bill

$10,001

WA $4,556

What kind of housing town is Nile?

Read from the numbers below. The page puts what stands out first.

Prices climbing fastUp 7.5% in a year.A second-home town37% of homes are seasonal or vacation homes.Your money goes further27% below the Washington typical home.

★ What stands out · Price trend

Home prices up 37% in 5 years

The federal house price index for the ZIP code around Nile rose 37% over the past 5 years, slower than across Washington (44%). Last year prices rose 7.5%.

Nile areaWashington

+7.5%

past year

+37%

past 5 years

+95%

past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Nile, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

77% of Nile households own their home

Half of Nile’s homes were built before 1982.

Owners and renters

Own 77%Rent 23%

Washington: 64% own.

1982

typical home built · WA 1985

$10,001

median property tax bill · WA $4,556

37%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

What it takes to buy in Nile

Try your own numbers below.

You could afford about

$387,000

Typical Nile home $432K

That’s $45K short of a typical Nile home.

The typical home, each month

$2,560

Loan $2,140Tax $290Insurance $130

A two-bedroom rents for about $1,860 a month here, $700 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Washington typical property tax (0.81% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,860

Fair Market Rent a month, utilities included

Studio$1,340

1 bedroom$1,510

2 bedrooms$1,860

3 bedrooms$2,600

4 bedrooms$2,970

23%

of households rent · WA 36%

renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Tacoma, WA HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Nile buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Nile still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.