Why Live in Esperance
Esperance, located on the outskirts of Edmonds, is a tranquil suburb that combines seclusion with convenience. The neighborhood features established homes from the mid to late 20th century, including spacious split levels, classic ramblers, and two-story minimal traditional homes, alongside newer multifamily constructions like condos and townhouses. The Edmonds School District serves the area, with Edmonds Woodway High School being the top-rated institution, known for its strong academic performance and specialized programs. Residents enjoy proximity to natural attractions such as Marina Beach Park, just three miles away, and Lake Ballinger, only a mile from the neighborhood. Esperance Park, within the community, offers over ten acres of recreational space, including athletic fields, wooded trails, a playground, and an off-leash dog area. The neighborhood is safer than the national average, providing peace of mind for families. Commuting is convenient with Pacific Highway and I-5 nearby, making Seattle, Everett, and Bellevue accessible within 15 miles. Daily necessities and diverse dining options, including Chinese hotpot, ramen, Korean barbecue, and pho, are available along Pacific Highway. Esperance's central location also places residents close to the Alderwood Shopping Center and Downtown Edmonds, ensuring retail and entertainment are always within reach.
Frequently Asked Questions
Is Esperance a good place to live?
Esperance is a good place to live, receiving 3.5 stars from its residents. Esperance is considered somewhat walkable and somewhat bikeable with some transit options. Esperance is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Esperance has 6 parks for recreational activities. It is fairly sparse in population with 4.1 people per acre and a median age of 42. The average household income is $119,110 which is above the national average. College graduates make up 35.6% of residents. A majority of residents in Esperance are renters, with 52.7% of residents renting and 47.3% of residents owning their home. A
local real estate agent serving Esperance can help you decide if this neighborhood is the right one for you. Learn more on our
Esperance neighborhood guide.
Is Esperance, WA a safe neighborhood?
Esperance, WA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Esperance?
The median home price in Esperance is $769,250. If you put a 20% down payment of $153,800 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $3,840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $165K a year to afford the median home price in Esperance. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Esperance is $119K.
What are the best public schools in Esperance?
The best public schools that serve Esperance are:
What are the best private schools in Esperance?
The best private schools that serve Esperance are:
What are the most popular zip codes in Esperance, Edmonds, WA?
What are the most popular neighborhoods near Esperance, Edmonds, WA?
Home Trends in Esperance, WA
On average, homes in Esperance, Edmonds sell after 24 days on the market compared to the national average of 55 days. The median sale price for homes in Esperance, Edmonds over the last 12 months is $760,000, up 27% from the median home sale price over the previous 12 months.
Median Sale Price
$760,000
Median Single Family Sale Price
$810,000
Median 2 Bedroom Sale Price
$385,000
Average Price Per Sq Ft
$439
Number of Homes for Sale
3
Last 12 months Home Sales
17
Median List Price
$769,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
27%
