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Featured local agent — Seattle, WA
Sarah Mitchell
Compass Real Estate · Seattle, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Seattle, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$901,000median sale price
How is the Seattle, WA housing market right now?
The median home sale price in Seattle, WA is $901,000, up 0.7% year-over-year. Homes sell in an average of 11 days with 2,111 active listings. The market is currently a strong seller'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 Seattle a buyer's or seller's market?
Seattle, WA is currently a strong seller's market, based on 2.6 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
799
Last 12 weeks
Days on market
11
Fast-moving
Active listings
2,111
2.6 months supply
Sale-to-list
100.8%
Above asking
What does the Seattle housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $901,000 |
| Median list price | $875,000 |
| Year-over-year price change | +0.7% |
| Average days on market | 11 days |
| Active inventory | 2,111 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $571/sq ft |
| Homes sold (latest month) | 799 |
| New listings (latest month) | 1,185 |
| Listings with a price cut | 31.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Seattle by property type?
How the Seattle, 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 | $1.17M | $585/sq ft | 488 | 7 days |
| Condo / Co-op | $502,500 | $551/sq ft | 163 | 33 days |
| Townhouse | $777,000 | $562/sq ft | 140 | 28 days |
Source: Redfin · Updated monthly
The Seattle housing market is currently classified as a strong seller's market with a median sale price of $901,000. Prices have risen 0.7% compared to last year, with homes spending an average of 11 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.0x provides context for how home values compare to local earning capacity.
Homes for sale in Seattle
There are currently 2,111 homes listed for sale in Seattle, Washington. The median listing price is $875K.
Active listings
2,111
Homes on market
Median list price
$875K
Avg. days on market
11
Days until sale
New this week
1,185
Newly listed
Who lives in Seattle?
Population
741,440
Median income
$121,984/yr
Median age
35.5 years
Owner-occupied
44.2%
College grads
67.5%
Avg commute
26.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Seattle?
Zillow home value
$856,052
Zillow rent index
$2,224/mo
Price-to-rent ratio
32.1x
Price-to-income
7.0x
Source: Zillow Research
What is it like to live in Seattle?
Seattle is a community of approximately 741K residents with a median age of 35.5 years.The median household income is $121,984, which reflects a relatively affluent area with strong earning potential. 67.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.2%, showing a blend of owner and renter-occupied properties. The average commute time is 26.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Seattle offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Seattle?
50 schools tracked · 37,945 students
The largest public schools serving Seattle, 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.
Lincoln High School
Grades 9-12 · 1,697 students
Ballard High School
Grades 9-12 · 1,645 students
Garfield High School
Grades 9-12 · 1,641 students
Roosevelt High School
Grades 9-12 · 1,528 students
Ingraham High School
Grades 9-12 · 1,413 students
West Seattle High School
Grades 9-12 · 1,392 students
Franklin High School
Grades 9-12 · 1,237 students
Chief Sealth International High School
Grades 9-12 · 1,201 students
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 Seattle, WA?
Want a head-to-head view? Compare Seattle side-by-side with any other U.S. city using our market-comparison tool.
Is Seattle a good real estate investment market?
For investors evaluating Seattle, the price-to-rent ratio of 32.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Seattle's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Seattle's median home price.
Frequently asked questions
What is the average home price in Seattle?
The median home sale price in Seattle is $901,000, up 0.7% from last year.
How long do homes stay on market in Seattle?
Homes typically spend 11 days on market before going under contract.
What is the median income in Seattle?
The median household income is $121,984 per year.
Is Seattle a buyer's or seller's market?
With 2.6 months of supply, Seattle is currently a strong seller's market.
What is the Zillow home value estimate for Seattle?
The Zillow Home Value Index (ZHVI) for Seattle is $856,052, representing the typical home value in the area.
What is the median condo price in Seattle?
The median condo/co-op sale price in Seattle, WA is $502,500, compared to $1.17M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Seattle?
The median single-family home price in Seattle, WA is $1.17M (about $585 per square foot).
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