What is the typical home value in Seattle - WA?

The typical home in Seattle - WA, WA is worth $740,579 as of the most recent Zillow Home Value Index reading. Year over year the value has changed by -1.6%.

How long do homes stay on the market in Seattle - WA?

The median days to pending (time on market before a sale) in Seattle - WA is currently 17 days. Shorter days on market indicate a seller's market; longer days indicate more buyer leverage.

Are sellers cutting prices in Seattle - WA?

31.7% of active listings in Seattle - WA have had a price reduction. This is a signal of softening seller expectations relative to buyer demand.

Is it cheaper to rent or buy in Seattle - WA?

The price-to-rent ratio in Seattle - WA is 27.0x (typical home value divided by a year of typical rent), which puts it in renting territory on the Rent vs Buy Index. Typical rent is $2,282 a month versus a principal-and-interest mortgage payment of about $3,807 on the typical home at 6.66% with 20% down.

Is Seattle - WA a buyer's or seller's market?

Based on days-on-market, price-cut share, and year-over-year appreciation, Seattle - WA is currently a balanced market. Buyers should watch days-on-market and price-cut trends monthly.

Seattle - WA Housing Market | Home Values & Trends

How to read this data

The typical home value ($740,579) is the Zillow Home Value Index for the Seattle - WA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 1.6% over the past year. A home worth $752,621 last year is now worth roughly $740,579.

The median sale price, what homes actually close for, is $701,685. Homes are selling at 100.0% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Seattle - WA sit on the market for roughly 17 days before going pending. Shorter = seller's market; longer = buyer's market.

About 31.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 5,209 new listings hit the market each month in Seattle - WA. There are currently 14,438 homes for sale, up 15.4% from a year ago.

The typical monthly rent in Seattle - WA is $2,282, up 1.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 27.0x, renting territory (#6 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $3,807 a month in principal and interest, $1,525 more than renting before taxes, insurance and upkeep. The two break even at a 2.31% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Other metros in WA

Metro	Home value	1-yr change	Days on market
Spokane - WA	$424,976	+0.2%	21.0d
Kennewick - WA	$442,889	+0.3%	20.0d
Olympia - WA	$532,102	+0.3%	18.0d
Bremerton - WA	$589,257	+1.3%	11.0d
Yakima - WA	$358,231	+1.2%	25.0d

Metro

Home value

1-yr change

Days on market

Spokane - WA

$424,976

+0.2%

21.0d

Kennewick - WA

$442,889

+0.3%

20.0d