The story of this market
The typical home in Seattle, Washington sells for about $844,091, or $541 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,041 a month.
Monthly price momentum
Home values since 2015
-0.2%
WA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Seattle, Washington
The Seattle housing market is showing signs of stabilization as inventory levels rise and price growth moderates. While high interest rates have cooled buyer demand, the city's strong economic fundamentals and limited supply of single-family homes continue to support price floors. Buyers are finding more options than in previous years, leading to a more balanced market environment.
No ARED county foreclosure postings attributed to Seattle yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 30 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 4.1% year over year.
Homes spend a median of 19 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 39.67% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 10.2% — a stable, low-distress profile.
- Remlinger Farms4.320.2 mi
- Wild Waves Theme and Water Park3.923 mi
- Sky Zone Trampoline Park4.111.3 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.310.6 mi
- Sky Zone Trampoline Park4.112.1 mi
- T-Mobile Park4.71 mi
- Climate Pledge Arena4.51.5 mi
- Lumen Field4.60.8 mi
- Paramount Theatre4.70.5 mi
- Topgolf Renton4.19.7 mi
- Space Needle4.61.3 mi
- Pike Place Market4.60.5 mi
- Westfield Southcenter4.410.8 mi
- Woodland Park Zoo4.64.4 mi
- Gas Works Park4.72.7 mi
- Pike Place Market4.60.5 mi
- Gas Works Park4.72.7 mi
- The Museum of Flight4.86.3 mi
- Chihuly Garden and Glass4.71.3 mi
- Museum of Pop Culture4.51.3 mi
- Gas Works Park4.72.7 mi
- Kerry Park4.82 mi
- Golden Gardens Park4.76.8 mi
- Discovery Park4.85.5 mi
- Marymoor Park4.710.6 mi
- Pier 664.50.9 mi
- Shilshole Bay Marina4.66.3 mi
- Fishermen's Terminal4.64.1 mi
- Elliott Bay Marina Inc4.63.2 mi
- Seattle Yacht Club4.62.9 mi
- Topgolf Renton4.19.7 mi
- Willows Run Golf Complex410.3 mi
- Interbay Golf Center4.53.3 mi
- Bill Wright Golf Complex At Jefferson Park4.33 mi
- Jackson Park Golf Course4.18.5 mi
- Bellevue Square4.56.1 mi
- Pike Place Market4.60.5 mi
- Westfield Southcenter4.410.8 mi
- University Village4.64.2 mi
- Alderwood4.415.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The city's largest public park, offering extensive trails and coastal views that serve as a major recreational anchor for the Magnolia neighborhood.
A historic landmark and major tourist destination that provides essential local food access and serves as a cultural heart for the downtown area.
Home to the Space Needle and various museums, this complex is a primary venue for city-wide events and cultural programming.
A popular waterfront destination in West Seattle known for its beach access and recreational paths, driving high demand for nearby residential property.
Seattle is ideal for high-earning professionals and tech workers seeking proximity to major corporate campuses and urban amenities. It also attracts families looking for established neighborhoods with strong community identities, though the high cost of entry often necessitates dual-income households.
Seattle Public Schools serves the city with a mix of highly-rated magnet programs and neighborhood schools, though performance varies significantly by district. The system faces ongoing challenges regarding funding and equity across its diverse student population.
The city is served by an expanding Link Light Rail network and a comprehensive bus system, including RapidRide lines that facilitate commuting. Highway corridors like I-5 and I-90 remain critical for regional transit, though traffic congestion is a persistent challenge for commuters.
Seattle offers an extensive park system including Discovery Park and Alki Beach, alongside world-class cultural amenities like the Seattle Art Museum and Pike Place Market. The city's geography provides immediate access to water-based recreation and mountain trails, significantly enhancing resident quality of life.
The rental market is characterized by high demand and a steady supply of new multifamily units, particularly in the downtown and South Lake Union areas. While rent growth has moderated, vacancy rates remain tight, and the presence of institutional investors is significant in the luxury apartment sector.
Seattle's economy is heavily driven by the technology, cloud computing, and aerospace sectors, with major corporate headquarters providing a stable employment base. The city continues to see investment in life sciences and green energy, maintaining strong economic momentum despite broader market fluctuations.
Seattle remains a global hub for technology and aerospace, anchored by major employers like Amazon and Microsoft. Infrastructure development is currently focused on the expansion of the Link Light Rail system to connect major employment centers and residential neighborhoods.
Development is currently focused on high-density mixed-use projects in urban centers to address housing supply constraints. Major infrastructure projects, including light rail extensions and waterfront revitalization, are actively reshaping the city's urban landscape.
Parcels in Seattle are subject to various special purpose districts, including those for public library services, emergency medical services, and regional transit authorities.
Seattle experiences property crime rates that are significantly higher than the national average, though violent crime remains concentrated in specific areas. Recent trends show a focus on public safety initiatives in the downtown core to address retail theft and public disorder.
The city faces moderate risks from seismic activity and occasional severe windstorms, with localized flood risks in low-lying areas near the Duwamish River. Insurance premiums have seen upward pressure due to regional wildfire smoke impacts and general climate-related risk assessments.
Property insurance markets in Seattle are stable but sensitive to regional climate risks, including wildfire smoke and seismic activity. Premiums are generally competitive but reflect the high replacement costs associated with the city's urban density.
Property taxes in Seattle are determined by a combination of state, county, and city levies, with the city's portion supporting municipal services and infrastructure. Washington State does not impose a personal income tax, which shifts the tax burden toward property and sales taxes.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; figures represent city-level estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.