Seattle, WA Home Values & Market Trends

Real estate market trends reflect that there have been 9,085 transactions over the past year in Seattle. The median value for residential home transactions that occurred over the previous year is $875,895.02. The number of current listings in Seattle is 74, and the percentage of properties for sale in the city is 74.00%. Seattle, WA currently has 90 properties in foreclosure, 10 bank owned properties, 68 properties headed for auction, and 74 properties for sale.

Seattle, WA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
98121

$ 724,695

$ 728/sqft

98101

$ 1,040,345

$ 746/sqft

98122

$ 1,198,000

$ 627/sqft

98115

$ 1,921,863

$ 521/sqft

98168

$ 634,685

$ 445/sqft

98104

$ 957,959

$ 584/sqft

98103

$ 850,000

$ 710/sqft

98166

$ 675,999

$ 295/sqft

98105

$ 1,270,402

$ 549/sqft

98116

$ 1,775,000

$ 447/sqft

98119

$ 1,226,202

$ 611/sqft

98108

$ 799,000

$ 529/sqft

98125

$ 833,250

$ 413/sqft

98188

$ 450,000

$ 592/sqft

98155

$ 963,885

$ 560/sqft

98148

$ 664,000

$ 448/sqft

98112

$ 599,350

$ 610/sqft

98107

$ 1,141,599

$ 620/sqft

98144

$ 813,204

$ 493/sqft

98126

$ 596,500

$ 331/sqft

98198

$ 492,782

$ 413/sqft

98164

$ --

$ --

98136

$ 871,048

$ 395/sqft

98174

$ --

$ --

98109

$ 388,415

$ 647/sqft

98178

$ --

$ --

98199

$ 1,202,630

$ 546/sqft

98158

$ --

$ --

98133

$ 738,750

$ 505/sqft

98134

$ --

$ --

98118

$ 673,686

$ 488/sqft

98102

$ --

$ --

98146

$ 701,100

$ 374/sqft

98181

$ --

$ --

98106

$ 650,000

$ 665/sqft

98195

$ --

$ --

98177

$ 1,792,395

$ 670/sqft

98154

$ --

$ --

98117

$ 1,101,109

$ 531/sqft

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Housing Market Summary for Seattle, WA

Apr 2023March 2024Change
Median Listing Price$808K$802K-0.75%
Median Sold Price$811.7K$802K-1.20%
Homes For Sale14577-46.90%
Homes Sold4,7404,659-1.71%
Price
$/Sqft
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 Seattle, WA

Seattle home values range from $21,115 to $56,619,255. The median estimated value of a home in Seattle is $875,895.02. The median list price of a home is 864,500, and the total count of properties in the city is 217,251.

Foreclosure
There are 39 zips within Seattle, WA; within these zips, the median estimated home value for homes in foreclosure ranges from $2,026,945 in 98199 to the lowest value of $128,421 in 98199. Foreclosure homes account for 0.00% of properties in Seattle, WA with 98168 containing 16 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.01% of all residential properties in Seattle, WA with 98188 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 39 zips within Seattle, WA; of those zips, the estimated home value for pre-foreclosure homes ranges from $657,305 in 98125 to the lowest home value of $262,750 in 98166.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Seattle, WA ranges from the highest value of $1,167,838 in 98177 to the lowest value of $397,900 in 98198. Bank owned homes and properties account for 0.00% of properties in Seattle, WA. There are 39 zips within Seattle, WA; 98105 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98168 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Seattle, WA. Auction homes and other auction properties account for 0.03% of all properties in Seattle, WA. There are 39 zips within Seattle, WA; of those zips, the median estimated home value for homes going to auction ranges from $805,208 in 98119 to the lowest value of $128,421 in 98119.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.03% of residential properties in Seattle, WA with 98121 containing 8 homes for sale, the highest number of listed properties in a single zip. There are 39 zips within Seattle, WA; homes for sale in those zips, have a range of median values from $1,775,000 in 98116 to the lowest value of $299,000 in 98109.
    Sold Homes
    The median value for recently sold homes ranges from $883,023 in 98164 to the lowest price of $22,767 in 98164. There are 39 zips within Seattle, WA. 98103 has 377 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.10% of properties in Seattle, WA.

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      Guide for Seattle, 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 Seattle, WA

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