King County, WA Home Values & Market Trends

The median home price in King County, WA is $864,611.65. There were 24,788 home sales in King County, WA over the past 12 months. The median residential King County, WA home value for transactions over the previous year is $770,568.061. The number of current listings in King County, WA is 281, and the percentage of properties for sale is 281.00%. The county has 326 foreclosures, 23 bank owned properties, 280 headed for auction, and 281 properties for sale.

King County, WA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Seattle

$ 870,524

$ 600/sqft

Vashon

$ 1,032,000

$ 490/sqft

Renton

$ 689,812

$ 409/sqft

North Bend

$ 1,902,304

$ 543/sqft

Bellevue

$ 1,692,770

$ 709/sqft

Kenmore

$ 950,546

$ 502/sqft

Kent

$ 685,000

$ 344/sqft

Black Diamond

$ 806,989

$ 356/sqft

Federal Way

$ 651,839

$ 307/sqft

Snoqualmie

$ 906,099

$ 432/sqft

Auburn

$ 572,828

$ 299/sqft

Duvall

$ 774,875

$ 512/sqft

Bothell

$ 992,366

$ 427/sqft

Pacific

$ 397,419

$ 401/sqft

Issaquah

$ 1,347,500

$ 560/sqft

Carnation

$ 558,919

$ 226/sqft

Maple Valley

$ 866,730

$ 420/sqft

Medina

$ 12,862,476

$ 2,796/sqft

Redmond

$ 1,499,500

$ 640/sqft

Woodinville

$ 705,006

$ 734/sqft

Sammamish

$ 1,369,356

$ 605/sqft

Skykomish

$ --

$ --

Mercer Island

$ 2,219,250

$ 872/sqft

Baring

$ --

$ --

Enumclaw

$ 801,384

$ 335/sqft

Fall City

$ --

$ --

Kirkland

$ 2,167,273

$ 740/sqft

Ravensdale

$ --

$ --

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Housing Market Summary for King County, WA

Apr 2023March 2024Change
Median Listing Price$784.4K$797.6K1.69%
Median Sold Price$780.7K$797.6K2.16%
Homes For Sale465281-39.57%
Homes Sold13,74613,7480.01%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in King County, WA

King County, WA home values range from $20,764 to $60,073,262. Medina is the priciest city with a median listing home price of $14,500,000, and Pacific is most affordable with average house prices of around $307,250.

Foreclosure
There are 28 cities within King County, WA; within these cities, the median estimated home value for homes in foreclosure ranges from $3,704,462 in Seattle to the lowest value of $128,421 in Seattle. Foreclosure homes account for 0.00% of properties in King County, WA with Seattle containing 90 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in King County, WA with Seattle containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 28 cities within King County, WA; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,712,225 in Sammamish to the lowest home value of $341,603 in Federal Way.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in King County, WA ranges from the highest value of $2,026,945 in Kirkland to the lowest value of $157,764 in Auburn. Bank owned homes and properties account for 0.00% of properties in King County, WA. There are 28 cities within King County, WA; Seattle containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Seattle has 68 auction properties, the highest number of properties going to auction in a single city in the state of King County, WA. Auction homes and other auction properties account for 0.04% of all properties in King County, WA. There are 28 cities within King County, WA; of those cities, the median estimated home value for homes going to auction ranges from $5,449,433 in Mercer Island to the lowest value of $128,421 in Mercer Island.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.04% of residential properties in King County, WA with Seattle containing 74 homes for sale, the highest number of listed properties in a single city. There are 28 cities within King County, WA; homes for sale in those cities, have a range of median values from $12,862,476 in Medina to the lowest value of $81,294 in Carnation.
    Sold Homes
    The median value for recently sold homes ranges from $44,960,620 in Medina to the lowest price of $22,767 in Medina. There are 28 cities within King County, WA. Seattle has 4555 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.08% of properties in King County, WA.

      Compare Nearby Cities

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      Guide for King County, WA

      Market Reports
      2023 Seattle Real Estate Market Review
      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      See More Articles
      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes King County, WA

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