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Sarah Mitchell

CNESRESABR

Compass Real Estate · Carnation, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Carnation, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Carnation, WA Housing Market & Real Estate

Buyer's market-29.6% YoY

Housing market overview · Updated monthly ·

$844,948median sale price

How is the Carnation, WA housing market right now?

The median home sale price in Carnation, WA is $844,948, down 29.6% year-over-year. Homes sell in an average of 339 days with 24 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Carnation a buyer's or seller's market?

Buyer's market6.0 months of supply339 avg. days on market

Carnation, WA is currently a buyer's market, based on 6.0 months of supply and homes selling in about 339 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

339

Average pace

Active listings

24

6.0 months supply

Sale-to-list

97.5%

Below asking

What does the Carnation housing market data show?

Current housing market statistics for Carnation, WA
MetricValue
Median sale price$844,948
Median list price$704,161
Year-over-year price change-29.6%
Average days on market339 days
Active inventory24 listings
Months of supply6.0 months
Sale-to-list price ratio97.5%
Median price per sq ft$419/sq ft
Homes sold (latest month)4
New listings (latest month)6
Listings with a price cut16.7%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Carnation by property type?

How the Carnation, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Carnation, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.29M$375/sq ft1741 days
Townhouse$769,900$427/sq ft3265 days

Source: Redfin · Updated monthly

The Carnation housing market is currently classified as a buyer's market with a median sale price of $844,948. Prices have fallen 29.6% compared to last year, with homes spending an average of 339 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.2x provides context for how home values compare to local earning capacity.

Homes for sale in Carnation

There are currently 24 homes listed for sale in Carnation, Washington. The median listing price is $704K.

Active listings

24

Homes on market

Median list price

$704K

Avg. days on market

339

Days until sale

New this week

6

Newly listed

Price drops:16.7%of listings
Sale-to-list:97.5%

Who lives in Carnation?

Population

2,476

Median income

$141,097/yr

Median age

37.7 years

Owner-occupied

81.4%

College grads

45.2%

Avg commute

33.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Carnation?

Zillow home value

$1.02M

Price-to-income

7.2x

Source: Zillow Research

What is it like to live in Carnation?

Carnation is a community of approximately 2K residents with a median age of 37.7 years.The median household income is $141,097, which reflects a relatively affluent area with strong earning potential. 45.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 81.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Carnation offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Carnation?

6 schools tracked · 1,647 students

The largest public schools serving Carnation, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Tolt Middle School

Grades 6-8 · 607 students

Public

Stillwater Elementary

Grades K-5 · 522 students

Public

Carnation Elementary School

Grades PK-5 · 376 students

Public

PARADE

Grades PK-12 · 92 students

Alternative

CLIP

Grades 9-12 · 50 students

Alternative

Choice

Grades 7-10

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Carnation, WA?

Want a head-to-head view? Compare Carnation side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Carnation?

The median home sale price in Carnation is $844,948, down 29.6% from last year.

How long do homes stay on market in Carnation?

Homes typically spend 339 days on market before going under contract.

What is the median income in Carnation?

The median household income is $141,097 per year.

Is Carnation a buyer's or seller's market?

With 6.0 months of supply, Carnation is currently a buyer's market.

What is the Zillow home value estimate for Carnation?

The Zillow Home Value Index (ZHVI) for Carnation is $1.02M, representing the typical home value in the area.

How much does a single-family home cost in Carnation?

The median single-family home price in Carnation, WA is $1.29M (about $375 per square foot).

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