In Union Hill-Novelty Hill, a typical home is worth $1,218,500 and typical rent is $2,556 a month. Compared with all of King County, typical household income is 49% higher, the typical home value is 42% higher, and the share of households that own their home is 28 points higher.
Union Hill-Novelty Hill is in King County. The FHA loan limit ($1,063,750 for a one-unit home), the fair market rents and the help on this page are those of all of King County. See the county
What this place has that others do not, from public data, most unusual first.
1
84% of households in Union Hill-Novelty Hill own their home, against 55% in King County.
2
Union Hill-Novelty Hill has the 5th highest typical home value of the 191 cities in Washington with more than 5,000 people ($1,218,500).
3
The typical household income in Union Hill-Novelty Hill is $185,369,49% more than in King County as a whole ($124,746).
4
Nearby, in Duvall, the typical home value is $830,100: 32% less than in Union Hill-Novelty Hill ($1,218,500).
5
The typical rent in Union Hill-Novelty Hill is $2,556 a month, 22% more than in King County as a whole ($2,092).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Union Hill-Novelty Hill
What homes there are in Union Hill-Novelty Hill, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Union Hill-Novelty Hill
King County
Washington
United States
Kind of home: Union Hill-Novelty Hill and its comparisons
Measure
Union Hill-Novelty Hill
King County
Washington
United States
Detached house
82%
50%
62%
61%
Attached house
8%
5%
4%
6%
Building of 2 to 4
2%
5%
6%
8%
Apartments (5 or more)
7%
38%
22%
19%
Mobile home
Unreliable estimate
1%
6%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
Detached houses, standing on their own, make up 82% of homes here, against 50% in King County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Union Hill-Novelty Hill
King County
Washington
United States
Year built: Union Hill-Novelty Hill and its comparisons
Measure
Union Hill-Novelty Hill
King County
Washington
United States
Before 1960
5%
23%
21%
26%
1960–1979
8%
23%
23%
24%
1980–1999
31%
25%
27%
25%
2000–2009
44%
13%
15%
14%
2010 or later
13%
16%
14%
11%
The typical home in Union Hill-Novelty Hill was built in 2002, 19 years after the typical one in King County.
There is more room for a big family here: 72% of homes have 3 bedrooms or more, against 50% in King County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750K12%
$750K–$1M13%
$1M or more72%
Value of owner-occupied homes: Union Hill-Novelty Hill and its comparisons
Measure
Union Hill-Novelty Hill
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable
$300K–$500K
Unreliable estimate
$500K–$750K
12%
$750K–$1M
13%
$1M or more
72%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,49926%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Union Hill-Novelty Hill and its comparisons
Measure
Union Hill-Novelty Hill
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
26%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
Without a mortgage
$1,377 a month
King County: $1,116 a month
Owners with a mortgage
62%
King County: 70%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Union Hill-Novelty Hill+51%
King County+57%
Washington+67%
United States+53%
Typical rent
Union Hill-Novelty Hill+29%
King County+30%
Washington+40%
United States+33%
Typical household income
Union Hill-Novelty Hill+23%
King County+31%
Washington+33%
United States+29%
Change since 2015–2019: Union Hill-Novelty Hill and its comparisons
Measure
Union Hill-Novelty Hill
King County
Washington
United States
Typical home value
+51%
+57%
+67%
+53%
Typical rent
+29%
+30%
+40%
+33%
Typical household income
+23%
+31%
+33%
+29%
From 2015–2019 to 2020–2024, the typical home value in Union Hill-Novelty Hill rose 51%; in King County, it rose 57%.
Much as in King County, the typical rent in Union Hill-Novelty Hill rose 29% since 2015–2019.
The typical household income in Union Hill-Novelty Hill rose 23%: less than home values (+51%) and rent (+29%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Union Hill-Novelty Hill and its comparisons
Measure
Union Hill-Novelty Hill
King County
Washington
United States
Rental vacancy
Unreliable estimate
5.3%
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
0.7%
0.9%
More than one person per room
Unreliable estimate
3.9%
3.5%
3.4%
People per household
2.75
2.39
2.50
2.53
Drive alone
48%
50%
63%
69%
Carpool
4%
7%
9%
9%
Public transit
Unreliable estimate
7%
3%
3%
Walk or bike
Unreliable estimate
5%
4%
3%
Work from home
45%
29%
20%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Union Hill-Novelty Hill has 2.75 people, more than in King County (2.39).
Working from home is more common in Union Hill-Novelty Hill: 45%, against 29% in King County.
Do the math
What would you pay each month for a home in Union Hill-Novelty Hill?
A typical home costs more than the typical income allows
We start with a typical home in Union Hill-Novelty Hill, worth $1,218,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 66% of the typical household income in Union Hill-Novelty Hill, which is $185,369 a year. For that payment to be 28% of income, a household would need to earn about $436,298 a year. Note: at that price the loan is above the FHA limit for King County ($1,063,750), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of King County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Union Hill-Novelty Hill. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $42,648 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$10,180
at 7.18% · 30 years
Loan amount
$1,196,429
Total interest
$1,721,381
Paid off in
November 2056
Includes $20,577 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $4,325 a month
Tight
$4,325 to $5,561 a month
Hard
more than $5,561 a month
Your payment · 66%
Compared with the typical household income in Union Hill-Novelty Hill ($185,369 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$8,105
Property tax
$833
Home insurance
$508
FHA mortgage insurance (MIP)
$735
This loan is over the FHA limit
You'd borrow $1,175,852, but the FHA limit for a one-unit home in Union Hill-Novelty Hill is $1,063,750. You'd need a bigger down payment or a different loan.
You need at least $42,648 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $10,180; principal and interest $8,105.
The city and its county
Union Hill-Novelty Hill and King County
Union Hill-Novelty Hill is in King County, Washington. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Union Hill-Novelty Hill
Map of King County, Washington, with Union Hill-Novelty Hill marked. Around it, the neighboring counties.
Union Hill-Novelty Hill
King County
Other cities with a page
Union Hill-Novelty Hill's own numbers
Typical home value
$1,218,500
Typical monthly rent
$2,556
Typical yearly household income
$185,369
Households that own their home
84%
Effective property tax rate
0.82%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of King County
FHA limit, one-unit home
$1,063,750
Conventional limit, one unit
$1,063,750
HUD fair market rent, 2 bedrooms
$2,549
Price change over 5 years (FHFA)
+37%
Homes in a high flood-risk zone
1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of King County.
A typical home in Union Hill-Novelty Hill is worth $1,218,500: 42% above the county and 116% above Washington. With the typical household income in Union Hill-Novelty Hill ($185,369 a year), a typical home costs 6.6 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Union Hill-Novelty Hill6.6 years
King6.9 years
Washington5.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in King County
According to FHFA’s house price index, home prices in King County rose 101% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of King County.
Yearly change in FHFA’s price index in King County, 2016 to 2025
2016: +13.4% +13.4% 2016
2017: +12.7% +12.7% 2017
2018: +9.2% +9.2% 2018
2019: +1.8% +1.8% 2019
2020: +3.5% +3.5% 2020
2021: +11.3% +11.3% 2021
2022: +15.8% +15.8% 2022
2023: +0.2% +0.2% 2023
2024: +4.8% +4.8% 2024
2025: +0.9% +0.9% 2025
Change in FHFA’s price index in King County, Washington and the United States
Period
County
Washington
U.S.
Last year (2025)
+0.9%
+1.8%
+2.9%
5 years (2020–2025)
+37%
+44%
+47%
10 years (2015–2025)
+101%
+113%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Union Hill-Novelty Hill next to King County, Washington and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Union Hill-Novelty Hill$1,218,500
King$859,900
Washington$564,600
United States$332,700
Typical monthly rent
Union Hill-Novelty Hill$2,556
King$2,092
Washington$1,760
United States$1,413
Typical yearly household income
Union Hill-Novelty Hill$185,369
King$124,746
Washington$98,141
United States$80,734
See the full table
Union Hill-Novelty Hill next to King County and Washington
Measure
Union Hill-Novelty Hill
King County
Washington
U.S.
Typical home value
$1,218,500 ▲42% above the county
$859,900
$564,600
$332,700
Typical monthly rent
$2,556 ▲22% above the county
$2,092
$1,760
$1,413
Typical yearly household income
$185,369 ▲49% above the county
$124,746
$98,141
$80,734
Households that own their home
84% ▲28 points above the county
55%
64%
65%
Typical yearly property tax
$10,001 ▲41% above the county
$7,114
$4,556
$3,119
Effective property tax rate
0.82% ▼0.01 points below the county
0.83%
0.81%
0.94%
Renters with high rent for their income
53% ▲6 points above the county
47%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below King County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Union Hill-Novelty Hill
For a typical $1,218,500 home in Union Hill-Novelty Hill, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Union Hill-Novelty Hill's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$10,180a month
Above the FHA limit for King County ($1,063,750)
Down payment
$42,648
Cash to close
$79,203
Rate
7.18%
Mortgage insurance
FHA MIP · $735
Conventional, 5% down$9,761a month
Above the conventional limit for King County ($1,063,750): it would be a "jumbo" loan
Down payment
$60,925
Cash to close
$97,480
Rate
7.18%
Mortgage insurance
PMI · $579
Conventional, 20% down, no PMI$7,944a month
Least cash to close
Down payment
$243,700
Cash to close
$280,255
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$9,070a month
Down payment
$182,775
Cash to close
$219,330
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Union Hill-Novelty Hill
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for King County ($1,063,750)
$10,180
$42,648
$1,196,430
7.18%
FHA MIP · $735
$79,203
580
Conventional, 5% down Above the conventional limit for King County ($1,063,750): it would be a "jumbo" loan
$9,761
$60,925
$1,157,575
7.18%
PMI · $579
$97,480
620*
Conventional, 20% down, no PMI Least cash to close
$7,944
$243,700
$974,800
7.18%
None
$280,255
620*
ITIN, 15% down (example)
$9,070
$182,775
$1,035,725
8.18%
None
$219,330
Set by the lender
The option that asks for the least cash to close is Conventional, 20% down, no PMI.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Union Hill-Novelty Hill is $2,556 a month: 22% above the county. In Union Hill-Novelty Hill, 53% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of King County, by unit size. To pay the 2-bedroom one ($2,549 a month) without spending more than 30% of your income, you would need to earn $49.02 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in King County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$2,091
$40.21
$83,640
1 bedroom
$2,180
$41.92
$87,200
2 bedrooms
$2,549
$49.02
$101,960
3 bedrooms
$3,324
$63.92
$132,960
4 bedrooms
$3,954
$76.04
$158,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Union Hill-Novelty Hill
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Union Hill-Novelty Hill is in ZIP code 98053.
For 2 bedrooms it is $3,290: $741 more than the fair market rent for King County ($2,549).
Fair market rent by ZIP code and size in Union Hill-Novelty Hill, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
98053
$2,700
$2,810
$3,290
$4,290
$5,100
ZIP code2 bd3 bd
98053 $3,290$4,290
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Union Hill-Novelty Hill when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 4 HUD-approved agencies with an office in King County; 3 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Union Hill-Novelty Hill or King County. The ones below are statewide in Washington: they work in Union Hill-Novelty Hill the same as in the rest of the state.
Washington state commission 0% second mortgage for 3%, 4% or 5% of the first mortgage, with no monthly payments; you do not need to be a first-time buyer.Offered by Washington State Housing Finance Commission.
Washington state commission loan with no monthly payments of up to 20% of the price (maximum $150,000) plus closing costs, for first-time buyers whose family lived in Washington before 1968 and belonged to a group affected by housing discrimination, including Hispanic people.Offered by Washington State Housing Finance Commission.
Washington state commission loan of up to $15,000 at 1% simple interest, with no monthly payments, for the down payment and closing costs of first-time buyers with the House Key Opportunity mortgage.Offered by Washington State Housing Finance Commission.
The HUD-approved agencies closest to the center of Union Hill-Novelty Hill, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
2 of the 3 agencies on this list say they serve in Spanish.
Ask for service in Spanish
When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.
Housing authorities of Union Hill-Novelty Hill
HUD’s record names them for Union Hill-Novelty Hill or King County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.
Ha of King CountyPublic housing and Section 8 vouchers(206) 574-1100
No legal help resource on our list is for Union Hill-Novelty Hill or King County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Union Hill-Novelty Hill and all of King County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Union Hill-Novelty Hill?
The typical home value in Union Hill-Novelty Hill is $1,218,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in King County it is $859,900.
How much does it cost to rent in Union Hill-Novelty Hill?
Typical rent in Union Hill-Novelty Hill is $2,556 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in King County is $2,549.
What is the FHA loan limit in Union Hill-Novelty Hill?
Union Hill-Novelty Hill uses the FHA limit for all of King County (2026): $1,063,750 for a one-unit home and $2,045,700 for a four-unit home.
How much property tax do owners pay in Union Hill-Novelty Hill?
The typical homeowner in Union Hill-Novelty Hill pays $10,001 a year, according to the U.S. Census Bureau. That is 0.82% of the home’s value; in King County, the rate is 0.83%.
Where can I find free help to buy or rent in Union Hill-Novelty Hill?
There are 4 HUD-approved counseling agencies with an office in King County. 3 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
