Seattle - WA housing market
The Seattle metro has a typical home value of $755,116, down 1.9% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($755,116) 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 1.9% over the past year. A home worth $769,741 last year is now worth roughly $755,116.
The median sale price , what homes actually close for , is $695,925. Homes are selling at 99.6% of list price, meaning buyers have room to negotiate.
Homes listed in Seattle - WA sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.
About 23.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 4,573 new listings hit the market each month in Seattle - WA. There are currently 10,041 homes for sale, up 25.9% from a year ago.
The typical monthly rent in Seattle - WA is $2,208, up 1.3% year over year. For investors, the price-to-rent ratio here is roughly 28x 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 | $421,901 | +0.4% | 23.0d |
| Kennewick - WA | $441,609 | +-0.0% | 24.0d |
| Olympia - WA | $532,620 | +0.4% | 13.0d |
| Bremerton - WA | $584,472 | +1.8% | 9.0d |
| Yakima - WA | $353,708 | +2.0% | 33.0d |