Home Values

Downtown Seattle Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$572,500

  • 9.8% 1-year change
  • 5.5% 1-year forecast

The median home value in Downtown Seattle is $572,500. Downtown Seattle home values have gone up 9.8% over the past year and Zillow predicts they will rise 5.5% within the next year. The median list price per square foot in Downtown Seattle is $679, which is higher than the Seattle average of $333. The median price of homes currently listed in Downtown Seattle is $765,000 while the median price of homes that sold is $545,000. The median rent price in Downtown Seattle is $2,507, which is higher than the Seattle median of $1,763.

Foreclosures will be a factor impacting home values in the next several years. In Downtown Seattle 3.0 homes are foreclosed (per 10,000). This is greater than the Seattle value of 2.9 and also lower than the national value of 4.0

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Relative ZHVI
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Downtown Seattle Market Overview

Data through Jan 31, 2015
  • $572,500 ZHVI
  • 5.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $765,000 Median listing price
  • No recent data Median sale price
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Downtown Seattle Market Health

Data through Jan 31, 2015
  • 8.9/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

3 homes(Oct 31, 2014) Downtown Seattle
2.9 homes Seattle
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Denny Triangle $481,700
Minor $460,700
Lower Queen Anne $460,200
Name Median ZHVI
Capitol Hill $421,700
Westlake $407,500
Jackson Place $381,500
Name Median ZHVI
Belltown $380,700
Uptown $316,900
First Hill $302,100

Listings & Sales

Data through Jan 31, 2015
  • $679 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
21.5%
Sold below listing
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Downtown Seattle Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $2,559 Downtown Seattle
    $2,200 Seattle
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,507 Rent list price
  • No data Rent list price / sq ft
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