US housing market report · August 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
$500K
Zillow ZHVI, August 2026
Cities covered
38
with published pages
Report video
Monthly
per city, on each hub
12-month outlook · data through August 2026
Where are Washington home values headed?
Current typical value
$500,124
Zillow ZHVI median, August 2026
Past 12 months
+0.7%
change in the median
12 months out
$503,000
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
- $298KUp7.7%
- $369KUp1.2%
- $479KUp1.1%
- $432KUp0.9%
- $616KUp0.9%
- $524KUp0.8%
- $416KUp0.7%
- $344KUp0.7%
- $565KUp0.6%
- 10Spanaway$505KUp0.5%
Where the market is cooling
Fastest cooling Washington cities
- $1.61MDown5.1%
- $995KDown5.0%
- $1.28MDown4.9%
- $1.34MDown3.7%
- $1.35MDown3.3%
- $1.13MDown3.3%
- $1.54MDown2.7%
- $757KDown2.4%
- $766KDown2.4%
- $771KDown2.3%
Priciest markets in the state
Most expensive Washington cities by median value
- $2.26M
- $1.61M
- $1.54M
- $1.35M
- $1.34M
- $1.28M
- $1.18M
- $1.13M
- $995K
- $924K
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 August 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.