Home Values

Washington 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

$270,400

  • 6.4% 1-year change
  • 6.0% 1-year forecast

The median home value in Washington is $270,400. Washington home values have gone up 6.4% over the past year and Zillow predicts they will rise 6.0% within the next year. The median list price per square foot in Washington is None. The median rent price in Washington is $1,475.

Foreclosures will be a factor impacting home values in the next several years. In Washington 4.4 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

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 Washington is 5.6%, which is lower than the national value of 6.3%. 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 Washington homeowners underwater on their mortgage is 16.1%.

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Relative ZHVI
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Washington Market Overview

Data through Apr 30, 2015
  • $270,400 ZHVI
  • 6.0% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $284,250 Median sale price
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Washington Market Health

Data through Apr 30, 2015
  • No recent data Healthy
  • 74 Average days on Zillow (Mar 31, 2015)
  • 16.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4.4 homes Washington
3.9 homes United States
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Cities in Washington

Name Median ZHVI
Bellevue $570,300
Seattle $452,600
Renton $311,000
Name Median ZHVI
Kent $257,700
Federal Way $251,800
Everett $239,400
Name Median ZHVI
Vancouver $201,100
Tacoma $178,800
Spokane $128,000

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $170 Median sale price / sq ft
  • No data Listings with price cut
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Washington Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,550 Washington
    $1,364 United States

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

  • No data Breakeven horizon
  • $1,475 Rent list price
  • $1.31 Rent list price / sq ft
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