Seattle housing market
Typical home value
$720K
▼ 1.6% 1 yr
Typical rent
$2,250/mo
▲ 1.8% 1 yr
12-month forecast
0.0%
#466 of 546 metros
Gross rent yield
3.7%
#526 of 546 · U.S. 6.3%
Days to pending
46 days
▲ +9 days 1 yr
Listings with a price cut
34%
▲ +3.7 pts 1 yr
Key takeaways
- 1The typical home is worth $720,147, down 1.6% in a year and up 10% over five years.
- 2Zillow forecasts home values rising 0.0% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,250/mo (+1.8% YoY), a 3.7% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $3,958/mo in principal and interest, $1,708 more than renting.
- 5Homes go under contract in 46 days (+9 days vs last year); 34% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 26/100, #485 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Seattle compares
| Measure | Seattle | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −1.6% | +1.2% | #515 |
| Home value, 5-yr change | +9.8% | +19.7% | |
| 12-month forecast | 0.0% | +1.1% | #466 |
| Rent, 1-yr change | +1.8% | +2.7% | #422 |
| Gross rent yield | 3.7% | 6.3% | #526 |
| Price-to-rent ratio | 26.7 | 15.8 | |
| Mortgage P&I on typical home | $3,958 | $2,012 | |
| Income needed to buy | $192,173 | $100,902 | |
| Days to pending | 46 | 56 |
Cities in the Seattle metro
49 cities with home value and rent data.
| Seattle | $823K | ▼ 1.8% | $2,227 | ▲ 0.5% | 3.2% |
| Tacoma | $483K | ■ 0.0% | $1,773 | ▲ 2.1% | 4.4% |
| Everett | $631K | ▼ 1.8% | $1,919 | ▲ 2.2% | 3.7% |
| Bellevue | $1.39M | ▼ 4.4% | $2,759 | ▲ 1.6% | 2.4% |
| Renton | $725K | ▼ 2.1% | $2,252 | ▲ 3.0% | 3.7% |
| Kent | $631K | ▼ 1.2% | $1,958 | ▲ 0.4% | 3.7% |
| Puyallup | $560K | ▲ 0.1% | $2,199 | ▲ 1.7% | 4.7% |
| Bothell | $979K | ▼ 5.6% | $2,523 | ▲ 2.0% | 3.1% |
| Lynnwood | $739K | ▼ 2.9% | $2,122 | ▲ 1.9% | 3.4% |
| Auburn | $594K | ▼ 0.5% | $2,032 | ▲ 3.5% | 4.1% |
| Federal Way | $582K | ▼ 0.6% | $1,944 | ▲ 2.5% | 4.0% |
| Redmond | $1.29M | ▼ 4.2% | $2,577 | ▲ 4.1% | 2.4% |
| Kirkland | $1.15M | ▼ 5.6% | $2,619 | ▲ 3.5% | 2.7% |
| Marysville | $615K | ▼ 0.1% | $2,499 | ▲ 2.6% | 4.9% |
| Snohomish | $902K | ▼ 1.2% | $2,646 | ▲ 4.0% | 3.5% |
| Lakewood | $510K | ▲ 0.3% | $1,734 | ▲ 1.6% | 4.1% |
| Sammamish | $1.49M | ▼ 5.6% | $3,350 | ▲ 3.7% | 2.7% |
| Edmonds | $899K | ▼ 0.6% | $2,278 | ▲ 4.4% | 3.0% |
| Shoreline | $773K | ▼ 2.7% | $1,971 | ▲ 1.5% | 3.1% |
| Spanaway | $501K | ▲ 0.5% | $2,733 | ▲ 3.5% | 6.5% |
| Bonney Lake | $665K | ▼ 0.4% | $2,627 | ▲ 4.6% | 4.7% |
| Lake Stevens | $686K | ▼ 1.6% | $2,982 | ▲ 0.3% | 5.2% |
| Issaquah | $1.09M | ▼ 2.9% | $2,929 | ▲ 2.6% | 3.2% |
| Burien | $625K | ▼ 0.3% | $1,748 | ▲ 2.9% | 3.4% |
| Gig Harbor | $811K | ▲ 0.6% | $2,632 | ▲ 3.7% | 3.9% |
| Arlington | $651K | ▲ 0.5% | $2,123 | ▲ 1.5% | 3.9% |
| Woodinville | $1.3M | ▼ 3.4% | $2,560 | ▲ 2.9% | 2.4% |
| University Place | $648K | ▼ 0.3% | $1,916 | ▲ 4.6% | 3.6% |
| Maple Valley | $764K | ▼ 2.4% | $2,985 | ▲ 1.5% | 4.7% |
| Seatac | $572K | ▼ 0.3% | $1,947 | ▲ 5.2% | 4.1% |
| Des Moines | $592K | ▼ 0.3% | $2,055 | ▲ 5.3% | 4.2% |
| Monroe | $707K | ▼ 0.6% | $2,382 | ▲ 4.3% | 4.0% |
| Parkland | $459K | ▼ 0.1% | $1,759 | ▲ 0.2% | 4.6% |
| Mercer Island | $2.21M | ▼ 0.8% | $2,796 | ▲ 4.8% | 1.5% |
| Kenmore | $963K | ▼ 4.3% | $2,623 | ▲ 1.7% | 3.3% |
| Mill Creek | $924K | ▼ 3.6% | $2,391 | ▲ 1.2% | 3.1% |
| Tukwila | $561K | ▼ 0.1% | $1,990 | ▲ 0.2% | 4.3% |
| Enumclaw | $662K | ▼ 0.4% | $2,060 | ▲ 1.9% | 3.7% |
| Mountlake Terrace | $658K | ▼ 1.9% | $2,112 | ▲ 0.3% | 3.9% |
| Covington | $647K | ▼ 2.0% | $2,491 | ▲ 6.7% | 4.6% |
| Mukilteo | $888K | ▼ 1.9% | $2,355 | ▲ 2.3% | 3.2% |
| North Bend | $979K | ▼ 0.9% | $2,958 | ▼ 0.1% | 3.6% |
| Snoqualmie | $1.05M | ▼ 2.8% | $3,312 | ▲ 3.1% | 3.8% |
| Sumner | $586K | ▲ 0.5% | $2,219 | ▲ 3.5% | 4.5% |
| Edgewood | $724K | ■ 0.0% | $2,169 | ▲ 0.6% | 3.6% |
| Fife | $547K | ▼ 0.4% | $1,794 | ▲ 1.3% | 3.9% |
| Newcastle | $1.34M | ▼ 1.7% | $2,461 | ▲ 2.0% | 2.2% |
| Dupont | $552K | ▲ 0.8% | $2,627 | ▲ 2.7% | 5.7% |
| Frederickson | $531K | ▲ 1.0% | $2,270 | ▲ 0.1% | 5.1% |
Run the numbers
Rental property calculator
Cash flow on a typical Seattle rental ($720K, $2,250/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Seattle home.
Rent vs buy
Is it cheaper to rent or buy in Seattle?
Other Washington metros
Spokane, WA
$415K home$1,512 rent4.4% yield
▲ 0.2% 1 yr
Kennewick, WA
$437K home$1,695 rent4.7% yield
▲ 0.4% 1 yr
Olympia, WA
$521K home$2,043 rent4.7% yield
▲ 0.1% 1 yr
Bremerton, WA
$579K home$2,052 rent4.3% yield
▲ 1.1% 1 yr
Yakima, WA
$348K home$1,362 rent4.7% yield
▲ 0.5% 1 yr
Bellingham, WA
$608K home$1,951 rent3.9% yield
▲ 0.3% 1 yr
Mount Vernon, WA
$576K home$2,185 rent4.5% yield
▲ 0.7% 1 yr
Wenatchee, WA
$518K home$1,756 rent4.1% yield
▲ 0.8% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.