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
$536,700
- 13.4% 1-year change
- 5.4% 1-year forecast
Market temperature
Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more
Very Hot
Buyers' Market
Sellers' Market
The median home value in Seattle is $536,700. Seattle home values have gone up 13.4% over the past year and Zillow predicts they will rise 5.4% within the next year.
Foreclosures will be a factor impacting home values in the next several years. In Seattle 2.2 homes are foreclosed (per 10,000). This is lower than the Seattle Metro value of 4.2 and also lower than the national value of 3.2
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Seattle is 0.0%, which is lower than the national value of 0.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Seattle homeowners underwater on their mortgage is 0.1%, which is lower than Seattle Metro at 0.1%.
Read moreRelative ZHVI
- +Seattle Market Overview
Data through Feb 29, 2016
- $536,700 ZHVI
-
5.4%
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(Feb 28, 2017)
- No data Median listing price
- $515,561 Median sale price
Seattle Market Health
Data through Feb 29, 2016
-
9.5/10
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.(Jan 31, 2016)
- No data Average days on Zillow
- 0.1% Homes with negative equity (0.1% US Avg) (Jun 30, 2015)
- 0.0% Delinquent on mortgage (0.0% US Avg) (Jun 30, 2015)
Homes foreclosed (per 10,000)
Neighborhoods in Seattle
| Name | Median ZHVI |
|---|---|
| East Queen Anne | $742,400 |
| Downtown Seattle | $661,100 |
| Denny Triangle | $507,500 |
| Name | Median ZHVI |
|---|---|
| Capitol Hill | $506,800 |
| Eastlake | $496,100 |
| Westlake | $468,800 |
| Name | Median ZHVI |
|---|---|
| Belltown | $416,500 |
| Uptown | $362,200 |
| First Hill | $329,000 |
Listings & Sales
Data through Feb 29, 2016
- No recent data Median list price / sq ft
- $400 Median sale price / sq ft
- No data Listings with price cut
Seattle For Sale Listings
Seattle Rentals
Data through Feb 29, 2016
Zillow Rent Index
-
The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
-
1.7
Breakeven horizon
The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more(Jun 30, 2015)
- No data Rent list price
- No data Rent list price / sq ft
