Fremont

Seattle, WA

Neighborhood Market Analysis

Q3 2025 Report
$895,000
Median Home Price
87 (Very Walkable)
Walkability Score
Public schools are rated average to above average; B.F. Day Elementary is well-regarded for its community involvement.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by the Ship Canal (south), Aurora Ave N/Highway 99 (east), N 50th St (north), and 8th Ave NW (west).

Zip Codes

98103

Market Data Summary

Price Range$700,000–$1,400,000+ (single-family homes and townhomes)
Price per Sq Ft$700–$850/sqft (est.)
Inventory LevelsLow—limited homes for sale at any time due to high owner retention and small neighborhood size[1].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesCondosSmall apartment buildings

Architectural Styles

CraftsmanModernMid-centuryContemporaryBungalows

Property Details

Typical Lot Sizes2,500–5,000 sqft (single-family); smaller for townhomes/condos
Home Age RangeEarly 1900s–2020s (mix of historic and new construction)
Construction QualityGenerally high; many homes updated or newly built; some older homes may require modernization.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a strong presence of young professionals, tech workers, artists, and long-time residents. Median age skews younger than Seattle average.

Community Vibe

Eclectic, artsy, and progressive; known for public art, quirky landmarks (e.g., Fremont Troll), and a strong sense of local identity.

Typical Residents

  • Young professionals
  • Tech workers
  • Artists/creatives
  • Long-term homeowners
  • Small families

Family Friendly

Moderately family-friendly; parks and playgrounds available, but smaller lot sizes and urban density may not appeal to all families.

Amenities & Lifestyle

Parks & Recreation

  • Gas Works Park
  • Fremont Canal Park
  • Burke-Gilman Trail

Dining Options

  • Revel
  • Paseo
  • Uneeda Burger
  • Manolin

Shopping Centers

  • Fremont Sunday Market
  • Local boutiques and vintage shops

Local Businesses

  • Fremont Brewing
  • Theo Chocolate
  • Book Larder
  • Fremont Vintage Mall

Education & Schools

Public schools are rated average to above average; B.F. Day Elementary is well-regarded for its community involvement.
Overall School Rating

Elementary Schools

  • B.F. Day Elementary

Middle Schools

  • Hamilton International Middle School

High Schools

  • Lincoln High School

Private Schools

  • Seattle Waldorf School (nearby)
  • St. Benedict School

Transportation & Accessibility

Transit & Roads

Public Transit

  • King County Metro bus routes (E Line, 5, 31, 32, 62)

Major Roads

  • Aurora Ave N/Highway 99
  • N 46th St
  • Leary Way NW

Commute & Walkability

Commute Times10–20 minutes to Downtown Seattle by car or bus; 15–30 minutes to South Lake Union/tech campuses.
WalkabilityExcellent; most daily errands can be accomplished on foot.
ParkingStreet parking can be challenging, especially near commercial core; some homes have off-street parking.

Marketing Intelligence

Target Buyer Types

  • Tech professionals
  • First-time buyers
  • Young families
  • Investors

Key Selling Points

  • Central location
  • Eclectic, vibrant community
  • Strong appreciation and demand
  • Walkability to amenities and parks

Pricing Considerations

Price competitively to attract multiple offers; avoid overpricing in a market with discerning buyers.

Common Objections & Response Strategies

Objection: Limited parking or no garage.

Response Strategy:

Highlight walkability, transit access, and bike infrastructure; note homes with off-street parking as premium.

Objection: Older homes may need updates.

Response Strategy:

Emphasize recent upgrades, solid construction, and potential for customization; provide cost estimates for common improvements.

Objection: Competitive market and bidding wars.

Response Strategy:

Prepare buyers with pre-approval, escalation clauses, and flexible closing timelines; stress long-term value and appreciation.

Objection: Smaller lot sizes and urban density.

Response Strategy:

Focus on proximity to parks, community events, and low-maintenance living.

Investment Insights

Investment Potential

Appreciation Potential

Solid; 3–4% YoY growth in 2025, outpacing many Seattle neighborhoods[1].

Rental Demand

High; strong appeal for tech renters and young professionals; low vacancy rates.

Buyer Competition

Intense; multiple offers are common, especially for well-priced homes[1].

Best For

  • Tech professionals
  • First-time buyers
  • Investors seeking stable appreciation
  • Buyers valuing walkability and culture

Potential Concerns

  • Limited inventory
  • Competitive bidding
  • Parking challenges
  • Older homes may need updates

Professional Recommendations

1

Educate buyers on market speed and offer strategies.

2

Network with local agents for early access to listings.

3

Stage homes to highlight flexible, modern living.

4

Emphasize Fremont’s unique culture and walkability in all marketing.

5

Prepare sellers for quick sales and multiple-offer scenarios.

Competitive Analysis

Comparable Markets

  • Wallingford
  • Ballard
  • Green Lake

Market Positioning

Fremont is positioned as a vibrant, walkable, and culturally rich neighborhood with strong tech appeal and steady appreciation.

Competitive Advantages

  • More eclectic and artsy than Ballard
  • Better walkability than Green Lake
  • Lower prices than Queen Anne

Price Comparison

Slightly less expensive than Queen Anne and Ballard, but more than Green Lake.

Investment Metrics

3.5–4.2% (multifamily, 2025 est.)
Cap Rates
4–5% gross yield (single-family/townhome rentals)
Rental Yields
~18–20 (reflects strong demand but not overheated)
Price-to-Rent
Positive for well-located, updated properties; best for long-term hold.
Cash Flow
3–4% annual appreciation expected through 2026[1].
Appreciation

Buyer Journey Insights

First-Time Buyers

Should be prepared for fast-moving market and multiple offers; focus on condos/townhomes for entry-level pricing.

Move-Up Buyers

Can find larger craftsman homes or new townhomes; must act quickly on desirable properties.

Downsizers

Limited single-level options; condos offer low-maintenance living close to amenities.

Investors

Strong rental demand and appreciation; focus on updated properties or value-add opportunities.

Relocators

Appealing for those moving to Seattle for tech jobs; vibrant community and easy access to downtown.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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