Market Overview
Home Prices in Carnation, WA
The median home value in Carnation, WA is $1,018,848 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carnation are priced148% above average. Carnation is part of the Seattle-Tacoma-Bellevue, WA metro area.
Over the past five years, Carnation home values have risen by approximately16.4%, reflecting steady appreciation in this market.
Price History
Carnation Home Price Trend
City Comparison
Carnation vs. National Median
At $1,018,848, homes in Carnation cost 148% above the national median of $410,000. Buyers in Carnation should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Carnation?
20% Down Payment
$203,770
on $1,018,848
Monthly P&I
$5,314/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,749/mo
incl. taxes & insurance
Income Needed
$269,960
gross annual (30% rule)
10% Down Option
$101,885
+ PMI applies
Loan Amount (20% dn)
$815,078
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carnation, WA?
The median home value in Carnation is $1,018,848 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Carnation?
Over the past year, home values in Carnation have decreased by 1.7%. Over five years, prices have risen approximately 16.4%.
How much do I need to earn to buy a home in Carnation?
To comfortably afford the median home price of $1,018,848 with a 20% down payment ($203,770) at today's rates (6.8%), you'd need a gross annual income of approximately $269,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Carnation compare to the national average home price?
The national median home value is approximately $410,000. At $1,018,848, homes in Carnation are 148% above the national average.
What metro area is Carnation part of?
Carnation is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.