Seattle, WA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Seattle, WA offers balanced conditions for buyers.

  • •Prices are essentially flat (-1.6% YoY) — good negotiating leverage for buyers.
  • •Price-to-rent ratio: 28.3 — renting may be more affordable in the near term.

Median Home Value

$740,211

ZHVI

Year-over-Year

-1.6%

Price change

5-Year Change

+25.7%

Since 2021

Median Rent

$2,181/mo

ZORI

Active Listings

7,480

For sale

State Avg

$592,562

Washington

Home Value Trends

5-year Zillow Home Value Index for Seattle, WA vs. state and national averages.

Rent Data

Median Rent

$2,181/mo

Rent YoY Change

+1.5%

Rent vs. Buy Calculator

Other Markets in Washington

Oak Harbor, WA$625,201Bellingham, WA$606,918Mount Vernon, WA$574,105Bremerton, WA$573,885Olympia, WA$523,540Wenatchee, WA$511,441
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.