Kenmore Property Management

Kenmore, Washington, is an emerging gem in the Pacific Northwest real estate market. Nestled along the northern shores of Lake Washington, Kenmore offers a harmonious blend of suburban tranquility and urban accessibility. With its rapidly appreciating property values, strong rental demand, and high quality of life, Kenmore presents a compelling opportunity for real estate investors.

Kenmore Real Estate Market Overview (2025)

• Median Home Value: As of January 2025, the average home value in Kenmore stands at $1,034,147, reflecting a 10.3% increase over the past year.
• Median Listing Price: The median listing home price in Kenmore is $880,000, trending up 6% year-over-year, with a median price per square foot of $505.
• Median Sale Price: Homes in Kenmore have a median sale price of $863,408, marking a 12.9% increase compared to the previous year. Properties typically sell after 13 days on the market, indicating a highly competitive market.
• Rental Market Growth: The average rent in Kenmore is approximately $2,150 per month, with rental prices experiencing a steady upward trend due to high demand and limited inventory.

Why Kenmore is a Great Real Estate Investment Location

• Strategic Location & Accessibility: Kenmore's prime location offers residents easy access to major employment hubs like Seattle and Bellevue, making it an attractive spot for professionals seeking a suburban lifestyle with urban conveniences. The city's proximity to Lake Washington provides scenic views and a plethora of recreational activities, enhancing its appeal.
• Robust Property Appreciation: The Kenmore real estate market has demonstrated consistent growth, with home values appreciating by 10.3% over the past year. This upward trajectory suggests strong investment potential, offering promising returns for property investors.
• High Demand for Rental Properties: With a median rent of $2,150 and a competitive rental market, Kenmore exhibits strong demand from tenants, ensuring low vacancy rates and reliable rental income for property owners.
• Quality of Life & Community Appeal: Kenmore boasts top-rated schools, numerous parks, and a variety of community events, fostering a family-friendly atmosphere. The city's commitment to maintaining a high quality of life makes it a desirable place to live, further driving housing demand.

Key Investment Areas in Kenmore, WA

• Moorlands

• Investment Type: Single-family homes and luxury estates
• Why Invest? With an average home value of $1,131,756, up 11.6% over the past year, Moorlands offers lucrative opportunities for investors targeting high-end properties.

• Central Kenmore

• Investment Type: Townhomes and condominiums
• Why Invest? Experiencing a 49.0% year-over-year increase in median sale price, Central Kenmore is ideal for investors focusing on affordable housing options with significant appreciation potential.

• Inglewood

• Investment Type: Mid-range single-family homes
• Why Invest? Known for its community-oriented environment and proximity to local amenities, Inglewood attracts families and long-term renters, ensuring steady rental income.

• Northshore Summit

• Investment Type: Luxury homes and new developments
• Why Invest? This area offers modern properties with premium features, appealing to high-income buyers and tenants, and promises substantial returns on investment.

Investment Recommendations for Maximum ROI

• Single-Family Homes: With rising property values and strong demand, investing in single-family homes can yield significant appreciation and rental income.
• Townhomes and Condos: These property types cater to young professionals and small families, offering lower entry costs and appealing to a broad tenant base.
• Luxury Properties: High-end homes in upscale neighborhoods like Moorlands and Northshore Summit attract affluent buyers and renters, providing opportunities for premium pricing and high returns.

Partner with a Kenmore Property Management Company

Effective property management is crucial for maximizing returns and maintaining property value. Partnering with an experienced Kenmore property management company ensures professional tenant screening, maintenance, and compliance with local regulations, leading to higher occupancy rates and optimized rental income.

The Kenmore housing market presents a promising landscape for real estate investors, characterized by robust appreciation, strong rental demand, and a high quality of life. Whether you're considering single-family homes, townhomes, or luxury estates, Kenmore offers diverse opportunities to achieve high returns and long-term investment success.