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Sarah Mitchell

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Compass Real Estate · Kirkland, WA

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

Kirkland, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Kirkland, WA Housing Market

Balanced market-8.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Kirkland, WA is worth $1.18M, fell 8.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $1.20M, -7.8% year over year (through May 2026). With 3.1 months of supply and homes going under contract in about 15 days, Kirkland is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $1.18M home is about $6,290/mo in principal and interest.

Key numbers for Kirkland, WA

Typical home value

$1.18M

-8.5% in 12 months

Zillow, August 2026

Typical asking rent

$2,603/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$1.20M

-7.8% year over year

Redfin, through May 2026

Days on market

15

Fast-moving

Redfin, through May 2026

Active listings

362

3.1 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$143,533

Home costs 8.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.0%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Balanced market3.1 months of supply15 days on market99.0% of asking

Kirkland, WA is a balanced market, based on 3.1 months of supply and homes selling in about 15 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Kirkland housing market data show?

Every row below is Redfin's final published month for Kirkland, WA. Redfin, through May 2026

Housing market statistics for Kirkland, WA, Redfin through May 2026
MetricValue
Median sale price$1.20M
Median list price$1.46M
Year-over-year price change-7.8%
Median price per sq ft$667/sq ft
Median days on market15 days
Active inventory362 listings
Months of supply3.1 months
Sale-to-list price ratio99.0%
Homes sold (that month)117
New listings (that month)184
Listings with a price cut38.4%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Kirkland is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Kirkland is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Kirkland home prices moved?

Over the last three years the median sale price in Kirkland, WA fell 7.7%, from $1.30M to $1.20M. The live Zillow value series has fell 8.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 38.4% of Kirkland listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.1 months while the sale-to-list ratio slips below its current 99.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Kirkland?

Priced off the typical home value of $1.18M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Kirkland, WA
Down paymentCash at closeLoan amountMonthly P&I
20%$235,658$942,633$6,290/mo
5%$58,915$1.12M$7,470/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $6,290, that implies roughly $269,587 a year before you add taxes and insurance. The median household in Kirkland earns $143,533, about $126,054 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 8.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Kirkland in the next 12 months?

Tell us your timeline. We send the Kirkland market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Kirkland?

Typical asking rent in Kirkland, WA is $2,603/mo, against a typical home value of $1.18M. That is a price-to-rent ratio of 37.7x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $6,290 a month — $3,687 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Kirkland?

Active listings in Kirkland, WA went from 368 in May 2025 to 362 in May 2026, a -1.6% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Kirkland, WA
MonthActive listingsNew listings
June 2025359184
July 2025376173
August 2025342130
September 2025345181
October 2025295132
November 202523566
December 202519756
January 2026237145
February 2026288165
March 2026334203
April 2026391228
May 2026362184

Redfin, through May 2026

How does Kirkland compare to Washington and the U.S.?

Kirkland homes sell for $1.20M — 84% above the Washington median of $651,800. Against the national median of $410,700, Kirkland runs 192% higher. Year-over-year, Kirkland moved -7.8% against Washington's -0.2% — a bigger swing than the state as a whole.

Kirkland, WA compared with Washington and the United States
MarketMedian sale priceYoYDays on market
Kirkland, WA$1.20M-7.8%15 days
Washington statewide$651,800-0.2%19 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Kirkland

What buyers should watch

  • Months of supply, currently 3.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 38.4%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $1,179 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.18M home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Kirkland listing goes under contract in 15 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Kirkland added 184 new listings against 117 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -8.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Kirkland varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Kirkland

There are currently 362 homes listed for sale in Kirkland, Washington. The median listing price is $1.5M. Featured listings range from $1,165,000 to $3,750,000.

2 bedroom townhouse for sale at 11812 NE 103rd Pl Kirkland 98033 - $1,165,000
New Build
23
$1,165,000

11812 NE 103rd Pl

Kirkland, WA 98033

2 bd3 ba1,347 sqft$865/ft²
Townhouse1,128 sqft lot

Windermere Real Estate Co.

View photos & details
3 bedroom house for sale at 333 18th Ave Kirkland 98033 - $1,200,000
New Build
22
$1,200,000

333 18th Ave

Kirkland, WA 98033

3 bd3 ba1,332 sqft$901/ft²
House3,228 sqft lot

Windermere Real Estate Co.

View photos & details
4 bedroom townhouse for sale at 10811 120th Ln NE Kirkland 98033 - $1,275,000
New Build
31
$1,275,000

10811 120th Ln NE

Kirkland, WA 98033

4 bd4 ba2,079 sqft$613/ft²
Townhouse
View photos & details
3 bedroom house for sale at 12214 NE 97th St Kirkland 98033 - $1,298,000
New Listing
40
$1,298,000

12214 NE 97th St

Kirkland, WA 98033

3 bd2 ba1,753 sqft$740/ft²
House15,002 sqft lot

COMPASS

View photos & details
3 bedroom house for sale at 8403 NE 137th St Kirkland 98034 - $1,338,000
New Build
29
$1,338,000

8403 NE 137th St

Kirkland, WA 98034

3 bd3 ba1,737 sqft$770/ft²
House4,138 sqft lot

Gillis Real Estate LLC

View photos & details
4 bedroom house for sale at 11742 NE 150th Pl Kirkland 98034 - $1,424,500
New Listing
30
$1,424,500

11742 NE 150th Pl

Kirkland, WA 98034

4 bd3 ba2,460 sqft$579/ft²
House8,189 sqft lot

WPI Real Estate Services, Inc.

View photos & details
3 bedroom house for sale at 12935 NE 71st St Kirkland 98033 - $1,485,000
New Listing
32
$1,485,000

12935 NE 71st St

Kirkland, WA 98033

3 bd3 ba2,010 sqft$739/ft²
House7,410 sqft lot

Hallmark Realty

View photos & details
4 bedroom house for sale at 13227 111th Ave NE Kirkland 98034 - $1,799,000
New Listing
35
$1,799,000

13227 111th Ave NE

Kirkland, WA 98034

4 bd3 ba2,394 sqft$751/ft²
House5,410 sqft lot

Coldwell Banker Bain

View photos & details
3 bedroom house for sale at 221 8th Ave W Kirkland 98033 - $1,999,888
New Listing
28
$1,999,888

221 8th Ave W

Kirkland, WA 98033

3 bd2 ba2,960 sqft$676/ft²
House5,724 sqft lot

Windermere Real Estate Central

View photos & details
4 bedroom house for sale at 9026 NE 127th Pl Kirkland 98034 - $2,250,000
New Listing
33
$2,250,000

9026 NE 127th Pl

Kirkland, WA 98034

4 bd5 ba4,000 sqft$563/ft²
House6,373 sqft lot

COMPASS

View photos & details
4 bedroom house for sale at 1231 4th St W Kirkland 98033 - $3,000,000
New Listing
40
$3,000,000

1231 4th St W

Kirkland, WA 98033

4 bd3 ba2,242 sqft$1338/ft²
House4,800 sqft lot

Windermere R.E. Northeast, Inc

View photos & details
5 bedroom house for sale at 222 8th Ave Kirkland 98033 - $3,750,000
New Listing
40
$3,750,000

222 8th Ave

Kirkland, WA 98033

5 bd6 ba5,340 sqft$702/ft²
House7,200 sqft lot

COMPASS

View photos & details

Looking to buy in Kirkland?

Get connected with a local real estate expert — free, no obligation.

Active listings

362

Homes on market

Median list price

$1.5M

Avg. days on market

15

Days until sale

New this week

184

Newly listed

Price drops:38.4%of listings
Sale-to-list:99.0%

How much do homes cost in Kirkland by property type?

How the Kirkland, WA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Kirkland, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.44M$690/sq ft7612 days
Condo / co-op$515,000$476/sq ft2633 days
Townhouse$860,000$539/sq ft1511 days

Who lives in Kirkland?

American Community Survey estimates for Kirkland. U.S. Census ACS, 2023

Population

91,614

Households

38,111

Median income

$143,533/yr

Median age

38.2 years

Owner-occupied

61.9%

Median home value

$1.02M

Median gross rent

$2,342/mo

Mean commute

24.4 min

61.9% of occupied homes in Kirkland are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $1.02M against Zillow's $1.18M typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,342/mo, below Zillow's $2,603/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Kirkland?

27 schools tracked · 12,794 students

The largest public schools serving Kirkland, 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.

Lake Washington High School

Grades 9-12 · 2,037 students

Public

Juanita High School

Grades 9-12 · 1,752 students

Public

Finn Hill Middle School

Grades 6-8 · 668 students

Public

Kirkland Middle School

Grades 6-8 · 666 students

Public

Kamiakin Middle School

Grades 6-8 · 608 students

Public

Mark Twain Elementary

Grades K-5 · 594 students

Public

Peter Kirk Elementary

Grades K-5 · 592 students

Public

Rose Hill Elementary

Grades K-5 · 555 students

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 Kirkland, WA?

Ordered by distance from Kirkland, not by size. Compare Kirkland side by side with any of them.

Which ZIP codes are in Kirkland?

These are the ZIP codes we see on active Kirkland listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Kirkland housing market FAQ

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

Kirkland, WA is currently a balanced market. That read comes from 3.1 months of supply, homes going under contract in about 15 days, and sellers getting 99.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Kirkland?

The typical home in Kirkland, WA is worth $1.18M (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $1.20M, about $667 per square foot.

Is Kirkland cheaper than the rest of Washington?

Kirkland's median sale price of $1.20M is 84% higher than the Washington statewide median of $651,800, and 192% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Kirkland?

Homes in Kirkland, WA spent a median of 15 days on market before going under contract, versus 19 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Kirkland?

At the current 30-year fixed rate of 7.03%, 20% down on a $1.18M home is about $6,290 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $269,587 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $143,533.

Are home prices rising in Kirkland?

The typical home value in Kirkland, WA fell 8.5% over the last 12 months, from $1.29M to $1.18M (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Kirkland?

Kirkland ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Kirkland?

That depends on your timeline, not on a headline. What the data says today: Kirkland, WA is a balanced market with 3.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 37.7x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.