Market Intelligence · WA / King County

Seattle, WA housing market

33 ZIP markets liveData updated August 2026Typical value$757K1-yr changeDown2.4%

The median home value in Seattle, WA is $757K as of August 2026, down 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

The Home Value Pros Report

Seattle housing market, on video

Key takeaways

  • Seattle home values have fallen about two and a half percent this year, and sellers are feeling it.
  • The typical Seattle home is now worth about seven hundred fifty-seven thousand dollars, down 2.4 percent from a year ago.
  • Meanwhile, about three thousand eighty homes are on the market, and roughly one thousand forty new listings arrived in the past month alone, so buyers have real choice.
Updated August 2026All city reports →
Read the transcript

Seattle home values have fallen about two and a half percent this year, and sellers are feeling it. If you are weighing a sale in the next several months, the details behind that dip matter more than the headline. The typical Seattle home is now worth about seven hundred fifty-seven thousand dollars, down 2.4 percent from a year ago. That is a pullback, not a collapse. Meanwhile, about three thousand eighty homes are on the market, and roughly one thousand forty new listings arrived in the past month alone, so buyers have real choice. The typical listing takes about forty-five days to go under contract, which means the weekend bidding war era is behind us for now. Here is the telling part. The median list price sits near seven hundred eighteen thousand five hundred dollars, well below the typical home value, and only about 16 percent of listings have cut their price. Sellers are pricing to move up front rather than cutting later. So if you sell this fall, price from current comps, not from last year's peak, because an ambitious number will cost you weeks. To see where your home lands in today's market, get a free home value estimate at Home Value Pros dot com.

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12-month value trend

-2.4% over 12 months

Typical home value in Seattle over the last 12 months: $776K in Aug 2025 to $757K in Aug 2026 (-2.4%).

Aug 2025$776K

Aug 2026$757K

Median Zillow home value index across Seattle's ZIP codes.

The coverage

Seattle, by the numbers.

Typical home valueZillow ZHVI, August 2026
$757K
1-yr changeMedian across Seattle ZIPs
-2.4%
ZIP markets live56 tracked in Seattle
33
County
King County

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Context

Seattle's typical home value is $757,125 as of 2026-08-01, down 2.4% over the past year. The median list price sits at $718,500, below that typical value. There are 3080 homes for sale, with 1044 new listings hitting the market. Homes are taking a median of 45 days to sell, and 15.9% of listings have taken a price cut. Together these figures point to a market that has cooled, with buyers having more room to negotiate than sellers. If you are thinking about selling, realistic pricing from day one matters more than it did a year or two ago.

The numbers

What is the housing market like in Seattle, WA?

Typical home value

$757K

Down2.4%YoY

Median list price

$719K

Days on market

45

Homes for sale

3,080

Price cuts

15.9%

New listings

1,044

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Seattle's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Seattle ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 56 Seattle ZIP codes in total; the remaining 23 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Seattle?

Top real estate agents in Seattle, WA

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Common questions

What people ask us.

Nearby markets

More Washington housing markets.

The market is moving

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