Station-Area Price Premiums Homes located near light rail stations in Seattle often sell at a premium compared to those farther away. Here are some examples: Neighborhood Median Price Near Station Median Neighborhood Price Price Premium Source Northgate (2016) $493,000 $475,000 $18,000 Seattle Times Capitol Hill $505,000 $470,000 $35,000 Seattle Times Beacon Hill $516,000 $455,000 $61,000 Seattle Times Pioneer Square β β $78,000 Property Managers Seattle Example Talking Point: βBack in 2016, even before Northgateβs light rail opened, buyers were already paying about $18,000 more to live closer to the planned station. This trend mirrors the $35,000β$78,000 premiums seen near other…