Washington housing market: home prices by city and forecast
Washington home prices: the Zillow Home Value Index valued a typical Washington home at $587,533 in September 2026, which is −0.5% lower than a year earlier.
- Typical value of a home
- $587,533September 2026, Zillow ZHVI
- Change over 12 months
- −0.5%US +1.2%
- Change over 10 years
- +88.1%US +77.4%
- Multiple of the 2000 value
- ×3.36US ×2.99
- The price-to-income ratio
- 5.9, with median income $99,389.
Among the 50 states plus DC, Washington places 4th by typical home value and 44th by the 12-month change. Growth since 2000 puts it 12th of 47, and price to income puts it 8th, with the highest value ranked first.
Washington home prices since 2000
A typical Washington home rose from $174,735 in January 2000 to $587,533. The peak came in June 2022 at $604,136, and today the price sits −2.7% under that level.
| Decade | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2000s | $178,543 | $187,741 | $195,921 | $205,245 | $223,129 | $255,682 | $299,436 | $321,130 | $307,411 | $275,038 |
| 2010s | $259,298 | $235,942 | $222,383 | $237,610 | $256,042 | $276,429 | $307,267 | $340,979 | $376,455 | $396,082 |
| 2020s | $430,567 | $511,806 | $582,517 | $568,943 | $588,341 | $594,405 |
Washington home prices since 1975: the FHFA index
FHFA's repeat-sales index (1975 = 100) put Washington at 2124 in 2025. By Q2 2026, the index had gained +1.0% on a year.
Census of Housing, as owners reported it: $2,359 for Washington in 1940 and $168,300 in 2000.
| Census year | Washington median value | US median value |
|---|---|---|
| 1940 | $2,359 | $2,938 |
| 1950 | $7,169 | $7,354 |
| 1960 | $11,700 | $11,900 |
| 1970 | $18,500 | $17,000 |
| 1980 | $59,900 | $47,200 |
| 1990 | $93,400 | $79,100 |
| 2000 | $168,300 | $119,600 |
No inflation adjustment applies here. Census of Housing tables
Home prices in Washington by city
8 cities have their own page, ordered by size from the largest down:
| City | Typical value of a home | Change over 12 months | Multiple of the 2000 value |
|---|---|---|---|
| Seattle | $822,572 | −1.8% | ×3.21 |
| Spokane | $392,803 | −0.3% | ×3.38 |
| Tacoma | $482,647 | 0% | ×3.36 |
| Vancouver | $498,160 | −0.1% | ×3.04 |
| Bellevue | $1,386,450 | −4.4% | ×4.53 |
| Yakima | $358,493 | +0.5% | |
| Bellingham | $657,528 | −0.3% | |
| Olympia | $526,205 | −0.3% | ×3.56 |
| Everett | $630,664 | −1.8% | |
| Renton | $724,991 | −2.1% | |
| Kent | $630,799 | −1.2% | |
| Puyallup | $560,121 | +0.1% | |
| Bothell | $979,439 | −5.6% | |
| Lynnwood | $738,763 | −2.9% | |
| Auburn | $593,931 | −0.5% | |
| Federal Way | $581,567 | −0.6% |
Zillow Home Value Index, September 2026.
Metro forecasts for Washington's prices ahead
Zillow forecasts 12 months ahead, from September 2026 for 6 Washington metros, ranging from −0.1% to +1.7%:
| Metro | Next 3 months | Next 12 months |
|---|---|---|
| Seattle, WA | −0.6% | 0% |
| Spokane, WA | +0.5% | +0.2% |
| Portland, OR | −0.3% | −0.1% |
| Yakima, WA | +0.7% | +1.7% |
| Bellingham, WA | +0.5% | +0.9% |
| Olympia, WA | 0% | +0.3% |
This is Zillow's estimate, not investment advice.
Washington cost of living
Against US 100, Washington's price level reaches 107.0. Housing stands at 126.0, goods at 104.4, utilities at 92.9, and other services at 103.9 (BEA). Median household income comes to $99,389, and median gross rent to $1,824 a month (Census ACS 2024). Homes are 63% owner-occupied, and the median year built is 1987.
All states: cost of living for every state; city-level pages: Seattle, Spokane, Vancouver, Bellevue, Olympia.
How to read the chart
The first chart shows dollars, and its peak was $604,136 in June 2022. Chart two is an index instead: the line for Washington stops at 2124, meaning prices there run 21.2 times the level of 1975. No inflation adjustment applies to either one.