98933, Harrah, WA

The Harrah zip code is located in the eastern part of King County, Washington. The population of this zip code was 9,890 as of the 2010 census. The median household income in this zip code was $92,711, which is significantly higher than the national median household income of $53,046. Home prices in this zip code have increased significantly over the past several years and are now among the highest in King County.

According to Zillow’s 2016 National Housing Survey data, home values in Harrah increased by an average of 34% from 2014 to 2016. This makes Harrah one of the fastest-growing zip codes in King County over that period. In fact, it ranked first out of all King County ZIP codes for home value growth during that time period.

One reason for this strong home value growth in Harrah may be its close proximity to Seattle and other major metropolitan areas. Many people who live in Harrah commute to work each day and may be willing to pay a premium for housing near major employment centers. Additionally, many people who live in Harrah own their homes outright rather than renting them which may also contribute to high home values here.

Despite these positive factors, there are some potential risks associated with high home values in Harrah. For example, if interest rates rise suddenly and more people are forced to sell their homes because they can no longer afford payments on them, prices could fall significantly (although that has not yet happened). Additionally, if there is a sudden increase in demand for housing due to changes such as a recession or an influx of new residents into the area, prices could spike even higher than they currently are (although that has not yet happened either).