Housing in Seattle, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$790,000

Median List Price

$819,000

Price Per Sq Ft

$537

Days on Market

61

Active Inventory

1,369

Months of Supply

3.5

Seller's market

Zillow Home Value

$837,193

ZHVI — January 2026

Zillow Rent Index

$2,174

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 7.0%List Price 3.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

11.6%

Off Market in 2 Weeks

49.0%

Sale-to-List Ratio

98.5%

Buyer's market

Sold Above Asking
11.6%
Under Contract in 2 Wks
49.0%
Listings with Price Drops
21.2%

Market Activity

Source: Redfin

Homes Sold

396

New Listings

876

Pending Sales

533

Homes Sold 47.6%New Listings 14.3%Pending 36.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$537

Median List $/SF

$575

Sale $/SF 10.5%List $/SF 1.7%Mar 24Jan 26

Seattle vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 500,000 - 1,000,000 residents. Seattle is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$912,100

Median Rent

$1,998

Total Housing Units

382,933

Vacancy Rate

7.8%

Owner Occupied

44.3%

Renter Occupied

55.8%

Median Property Tax

$7,025

per year

Monthly Cost (w/ Mortgage)

$2,786

Housing Types

Single Family
43.8%
Multi-Family
56.0%
Mobile Home
0.3%

The current median sale price in Seattle, WA is $790,000 according to Redfin data. Homes spend a median of 61 days on the market. 11.6% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $537. Zillow's observed rent index is $2,174/month. About 44.3% of housing units are owner-occupied. The median year homes were built is 1974. There are 382,933 total housing units.