Market Overview
Home Prices in Seattle, WA
The median home value in Seattle, WA is $856,052 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Seattle are priced109% above average. Seattle is part of the Seattle-Tacoma-Bellevue, WA metro area.
Over the past five years, Seattle home values have risen by approximately4.0%, reflecting modest growth in this market.
Price History
Seattle Home Price Trend
City Comparison
Seattle vs. National Median
At $856,052, homes in Seattle cost 109% above the national median of $410,000. Buyers in Seattle should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Seattle?
20% Down Payment
$171,210
on $856,052
Monthly P&I
$4,465/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,671/mo
incl. taxes & insurance
Income Needed
$226,840
gross annual (30% rule)
10% Down Option
$85,605
+ PMI applies
Loan Amount (20% dn)
$684,842
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 Seattle, WA?
The median home value in Seattle is $856,052 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Seattle?
Over the past year, home values in Seattle have decreased by 2.2%. Over five years, prices have risen approximately 4.0%.
How much do I need to earn to buy a home in Seattle?
To comfortably afford the median home price of $856,052 with a 20% down payment ($171,210) at today's rates (6.8%), you'd need a gross annual income of approximately $226,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Seattle compare to the national average home price?
The national median home value is approximately $410,000. At $856,052, homes in Seattle are 109% above the national average.
What metro area is Seattle part of?
Seattle is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.