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West🔥 Hot Market

Washington Real Estate Market

2026 Housing Market Data · Live Analysis

MARKET HEAT
8
out of 10
Median Home Price
$588K
$348/sqft
YoY Appreciation
+3.8%
Year-over-year
Days on Market
18d
Median DOM
Inventory
1.8mo
Critically Low
List-to-Sale
102%
Avg ratio
Cash Buyers
24%
of all sales
📰

Washington Market Overview

Washington state is the epicenter of the global tech economy — home to Amazon, Microsoft, Boeing, and a dense concentration of tech companies and talent. No state income tax provides additional financial appeal. The Seattle market is among the most globally competitive outside of NYC and the Bay Area. Tacoma has emerged as a genuinely strong market as buyers seek Seattle-adjacent value.

🏠 Buyer Insight

Tacoma and Kent offer Seattle metro access at dramatically lower prices. Spokane is Washington's best-value city — it has a real economy and housing that feels underpriced for what you get.

📋 Seller Insight

Tech-buyer pool is enormous and well-capitalized. In the east Seattle suburbs (Redmond, Kirkland, Bellevue), expect RSU-funded buyers with large down payments.

🏙️

Top Cities in Washington

CityMedian PriceYoY ChangeDays on MarketPrice/Sqft
Seattle$788K+3.8%15d$488
Bellevue$1.15M+4.2%18d$588
Tacoma$448K+4.4%18d$268
Spokane$348K+3.2%26d$198
📊

Market Health Indicators

Market Velocity
Fast — homes move in under 3 weeks
Buyer Competition
High — offers regularly above asking
Inventory Pressure
Critical — less than 2 months supply
Investment Momentum
3.8% annual appreciation — solid growth
👥

Buyer Demographics

🏠
30%
First-Time Buyers
of all purchases
💵
24%
Cash Buyers
of all purchases
⏱️
36d
Avg Close Time
from offer to close
⚠️
2.4/10K
Foreclosure Rate
homes in default
🧮

Affordability Calculator — Washington

🏠 Affordability Calculator
Tailored for Washington market conditions
TOTAL MONTHLY PAYMENT
$4,539
per month
Principal & Interest
$3,475/mo
Property Tax
$539/mo
Insurance
$150/mo
PMI (< 20% down)
$375/mo
LOAN: $529,200TOTAL INTEREST: $721,800
Market Characteristics
#no-income-tax#tech-hub#amazon#microsoft#west-coast
📊 CURRENT RATESMar 9, 2026
30-YR FIXED
15-YR FIXED
5/1 ARM
JUMBO 30-YR
WK CHANGE 30-YR: 0.04%
WA Quick Facts
Median Price$588K
Price/Sqft$348
YoY Appreciation+3.8%
Days on Market18 days
Inventory1.8 months
Active Listings28,400
List-to-Sale102.0%
Avg Close Time36 days
Market Trend🔥 Hot
RegionWest
West Region
AKAlaska
+1.4%
CACalifornia
+4.2%
HIHawaii
+1.2%
NVNevada
+3.8%
OROregon
+2.8%
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