US housing market report · July 2026

The state of the Washington housing market.

Median home value and city-by-city trends across Washington, from Zillow Home Value Index data. Free to cite with attribution to Home Value Pros.

Washington median value

$511K

Zillow ZHVI, July 2026

Cities covered

38

with published pages

Report video

Monthly

per city, on each hub

12-month outlook · data through July 2026

Where are Washington home values headed?

Current typical value

$510,876

Zillow ZHVI median, July 2026

Past 12 months

+1.2%

change in the median

12 months out

$517,000

if the recent trend continues

Trend projection from the past 12 months, not a prediction. Actual values depend on mortgage rates, inventory, and local conditions.

Where values are climbing

Fastest appreciating Washington cities

  1. $300KUp4.7%
  2. $355KUp1.7%
  3. $375KUp1.3%
  4. $486KUp1.2%
  5. $531KUp0.9%
  6. $420KUp0.8%
  7. $437KUp0.8%
  8. $624KUp0.6%
  9. $512KUp0.5%
  10. $1.2MUp0.4%

Where the market is cooling

Fastest cooling Washington cities

  1. $1.66MDown5.4%
  2. $1.02MDown5.1%
  3. $1.32MDown4.9%
  4. $1.37MDown3.9%
  5. $1.38MDown3.6%
  6. $1.16MDown3.2%
  7. $772KDown2.7%
  8. $1.57MDown2.6%
  9. $784KDown2.4%
  10. $786KDown2.2%

Priciest markets in the state

Most expensive Washington cities by median value

  1. $2.29M
  2. $1.66M
  3. $1.57M
  4. $1.38M
  5. $1.37M
  6. $1.32M
  7. $1.2M
  8. $1.16M
  9. $1.02M
  10. $938K

Common questions

What people ask us.

Methodology & attribution

Figures are medians of the latest Zillow Home Value Index (ZHVI) across each city's published ZIPs in Washington, as of July 2026. Year-over-year change compares each market to the same month a year earlier, paired ZIPs only. Data and analysis by Home Value Pros; cite with a link to this report. See the national housing market report and the Washington market index.