How to Buy a House in Washington
Updated 2026-03-02 | Data from Zillow, HUD, Tax Foundation
Avg Home Price
$626,603
Closing Costs
$13,220
2.11% of price
Property Tax Rate
0.75%
$4,462/yr median
Days on Market
32
Median
FHA Loan Limit
$977,500
Attorney Required
No
Foreclosure Type
Non-Judicial
Transfer Tax
1.1%
1.1% - 3% (graduated)
Washington State's housing market is dominated by the Seattle metro area, which has been one of the most expensive and competitive markets in the nation, driven by Amazon, Microsoft, Boeing, and a deep bench of tech companies. The state offers no income tax, which partially offsets higher home prices and has been a major draw for California relocators. However, Washington compensates with high sales taxes and, as of 2020, a real estate excise tax that increases on higher-priced properties. Outside the Puget Sound region, Washington offers dramatically more affordable housing — the Tri-Cities, Spokane, and Yakima provide options at half or less of Seattle prices. Washington uses a deed of trust model with non-judicial foreclosure and does not require an attorney at closing.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow, HUD, Tax Foundation
Key Facts About Buying in Washington
- ✓No state income tax
- ✓High real estate excise tax (1.1% - 3% graduated)
- ✓Seattle metro drives majority of market activity
- ✓FHA loan limits up to $977,500 in King County
The Home Buying Process in Washington
Buying a home in Washington follows a 10-step process. Washington does not require an attorney at closing, though you may choose to hire one.
Check Your Credit Score & Finances
Get Pre-Approved for a Mortgage
Find a Real Estate Agent
Search for Homes & Make an Offer
Get a Home Inspection
Secure Your Financing
First-Time Buyer Programs in Washington
WSHFC Home Advantage Program
Below-market rates for all buyers
Cost of Buying a Home in Washington
| Down Payment (3.5% FHA) | $21,931 |
| Down Payment (20% Conventional) | $125,321 |
| Average Closing Costs | $13,220 |
| Transfer Tax | $6,893 |
| Annual Property Tax (est.) | $4,700/yr |
Legal & Regulatory Details in Washington
Homestead Exemption
Available
Up to $125,000
Licensing Authority
Washington Department of Licensing
Washington Real Estate Law Overview
| Conveyance Document | Warranty, bargain-and-sale or quitclaim deed (non-statutory deeds sometimes used) |
| Security Instrument | Deed of trust, mortgage or long-term real-estate contract |
| Foreclosure Process | Non-Judicial |
| Attorney Required at Closing | No |
| Deficiency Judgment | No |
| Redemption After Sale | No |
| Reinstatement Available | Yes |
| Seller Disclosures | Sellers must disclose structural issues, water/sewage systems, the condition of systems and fixtures, title issues and environmental hazards. If the property is in a homeowners' association, sellers must explain common areas and how to obtain governing documents. Extra requirements apply to manufactured or mobile homes, newly built homes and unimproved residential land. |
