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Featured local agent — Carnation, WA
Sarah Mitchell
Compass Real Estate · Carnation, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carnation, WA Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $844,948 |
| Median list price | $704,161 |
| Year-over-year price change | -29.6% |
| Average days on market | 339 days |
| Active inventory | 24 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $419/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 6 |
| Listings with a price cut | 16.7% |
| Market condition | Buyer'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.29M | $375/sq ft | 1 | 741 days |
| Townhouse | $769,900 | $427/sq ft | 3 | 265 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
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
Stillwater Elementary
Grades K-5 · 522 students
Carnation Elementary School
Grades PK-5 · 376 students
PARADE
Grades PK-12 · 92 students
CLIP
Grades 9-12 · 50 students
Choice
Grades 7-10
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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