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
City | Median Est. Value | City | Median 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 | $ -- $ -- |
Housing Market Summary for King County, WA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $784.4K | $797.6K | 1.69% |
Median Sold Price | $780.7K | $797.6K | 2.16% |
Homes For Sale | 465 | 281 | -39.57% |
Homes Sold | 13,746 | 13,748 | 0.01% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in King County, WA
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsSeattle 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.
Compare Nearby Cities
More Real Estate Resources for King County, WA
Guide for King County, WA
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.
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
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?