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Seattle housing market: home prices, trends and forecast

Seattle home prices: in September 2026 the Zillow Home Value Index valued a typical home in Seattle, Washington at $822,572, −1.8% against a year earlier and −9.9% below the peak of $912,706 set in June 2022.

Value of a typical home
$822,572
September 2026, Zillow ZHVI
Change over 12 months
−1.8%. Measured since September 2025.
Change over 10 years
+44.2%. Measured since September 2016.
Multiple since the year 2000
×3.2. Starting from $256,562.
Days listed on the market
51
Seattle, WA metro, from Realtor.com.

Seattle home prices since 2000

Seattle is the steel line, and the grey line is the United States. Between January 2000 and now, the typical Seattle home rose from $256,562 to $822,572, ×3.21, while the US gained ×2.99 over the same months. Prices peaked during the boom in October 2007 at $497,597, then bottomed in June 2012 at $348,076, −30.0%.

$0$200k$400k$600k$800k$1m200020052010201520202025Jan 2000 · $256,562$366,157$822,572Sep 2026SeattleUnited States$0$200k$400k$600k$800k$1m200020102020Jan 2000 · $257k$366k$823kSep 2026
Typical home values from the Zillow Home Value Index, smoothed and seasonally adjusted. Source: Zillow Research data
January 2000 · $256,562

Seattle's median home price, by year

Each yearly figure averages the twelve monthly values, and 2026 covers the latest month.

YearSeattleChange on the yearUnited States
2000$268,082$125,745
2001$289,174+7.9%$134,899
2002$302,309+4.5%$144,276
2003$318,505+5.4%$155,308
2004$347,620+9.1%$169,891
2005$396,158+14.0%$189,732
2006$455,763+15.0%$206,531
2007$489,519+7.4%$208,449
2008$469,146−4.2%$195,574
2009$417,317−11.0%$177,542
2010$400,903−3.9%$171,462
2011$372,537−7.1%$162,508
2012$355,804−4.5%$161,137
2013$395,545+11.2%$171,420
2014$431,379+9.1%$182,996
2015$484,742+12.4%$192,738
2016$561,694+15.9%$204,509
2017$636,107+13.2%$216,767
2018$719,154+13.1%$230,541
2019$697,666−3.0%$242,088
2020$718,828+3.0%$257,151
2021$788,842+9.7%$295,959
2022$871,889+10.5%$340,014
2023$826,519−5.2%$348,160
2024$850,514+2.9%$359,751
2025$850,5630%$362,959
September 2026$822,572−1.8%$366,157

What a home bought in Seattle in any year is worth today

An index-based estimate of a typical home, not an appraisal.

Each year's figure averages its twelve monthly index values, and the current value is September 2026. Other options: home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: links like this one may pay the site, and that never changes a number. Disclosure.

Seattle housing market forecast

For the Seattle, WA metro, Zillow's forecast shows 0% across the 12 months starting September 2026, and −0.6% across the next three months. Seattle's typical value stands at $822,572, so that forecast would put the figure near $822,600 one year on.

Here the forecast restates Zillow's own central estimate for the metro; no forecast of its own comes from the site. Forecasts of this kind, over a 12-month horizon, have typically landed several percentage points away from the realised change, in both directions. This is not investment advice.

All metro forecasts in a single table: housing market forecast.

Seattle housing market crash risk score

Very high: 88 of 100

Against the 292 cities, Seattle is ranked by the score on five conditions that were high ahead of earlier price falls. Against the other cities, each input receives a score from 0 to 100; the five scores then receive equal weight in the average. It describes conditions as they stand now; predicting a crash is not what it does.

InputValueSub-scoreWeight
Active listings vs 2019+57.4%9220%
Days listed on the market vs 2019+24.4%8320%
Price-to-rent ratio30.89420%
Price-to-income ratio6.98220%
12-month price change−1.8%8820%

No investment advice here. How each input is scored: methodology. Every one of 292 cities ranked: crash risk by city.

Seattle inventory and days on market

As of September 2026 the Seattle, WA metro listed 13,078 homes for sale, +28.5% compared with a year earlier, and +57.4% versus the same month of 2019. The median listing sold in 51 days (+24.4% against 2019), while 25.0% of listings carried a price cut.

Seattle, WA metro, September 2026ValueOn a year
Active listings13,078+28.5%
New listings4,676
Median days on market51+9.7%
Median list price$749,970−2.4%
Share with a price cut25.0%

Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Living costs in Seattle

Rent in Seattle: the typical asking price is $2,227 a month, +0.5% on a year, per the Zillow Observed Rent Index. At that rent, 30.8 years covers the price of a typical home. With median household income of $118,745 (Census ACS 2024), the typical home equals 6.9 times one year's income. BEA places metro prices at 111.1, where the US average is 100, and housing costs at 151.3.

The salary needed to move there, with rent and prices: Seattle cost of living.

Other Washington housing markets

For the whole state: Washington housing market.

How to read this chart

Each point plots the Zillow Home Value Index for Seattle, the smoothed and seasonally adjusted value of a typical home in the market's middle third, in that month's dollars. The hollow dot shows the month picked on the slider, and the terracotta dot shows the latest month. These numbers do not account for inflation, and an index tracks the typical home instead of one particular house. To find a single home's value, use its sale price with the card above or the home appreciation calculator.