Seattle - WA housing market
The Seattle metro has a typical home value of $745,263, down 1.8% from a year ago. Homes are moving fast at 12 days on market, a strong seller's market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($745,263) 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 1.8% over the past year. A home worth $758,924 last year is now worth roughly $745,263.
The median sale price , what homes actually close for , is $700,883. Homes are selling at 100.2% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Seattle - WA sit on the market for roughly 12 days before going pending. Shorter = seller's market; longer = buyer's market.
About 29.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 5,442 new listings hit the market each month in Seattle - WA. There are currently 13,335 homes for sale, up 17.7% from a year ago.
The typical monthly rent in Seattle - WA is $2,269, up 1.4% year over year. For investors, the price-to-rent ratio here is roughly 27x annual rent.
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.
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Other metros in WA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Spokane - WA | $425,178 | +0.2% | 16.0d |
| Kennewick - WA | $443,018 | +0.1% | 17.0d |
| Olympia - WA | $533,819 | +0.3% | 14.0d |
| Bremerton - WA | $588,433 | +1.4% | 10.0d |
| Yakima - WA | $357,811 | +1.6% | 20.0d |