The Seattle housing market is very competitive. Homes in Seattle receive 4 offers on average and sell in around 7 days. The median sale price of a home in Seattle was $879K last month, up 9.9% since last year. The median sale price per square foot in Seattle is $587, up 4.4% since last year.
In April 2024, Seattle home prices were up 9.9% compared to last year, selling for a median price of $879K. On average, homes in Seattle sell after 7 days on the market compared to 7 days last year. There were 788 homes sold in April this year, up from 735 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$879,000
+9.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Seattle, WA
$879,000
+9.9%
United States
To compare other locations to the Seattle and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Seattle's median sale price is 109% higher than the national average. Overall cost of living in Seattle is 45% higher than the national average. Learn which home features in Seattle add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Seattle housing market?
Seattle is very competitive. Homes sell in 7 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 7 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Seattle
Explore recent offers and recently sold homes in Seattle
Recent offers
Winning Offer|
7 Weeks Ago
~$1.5M Offer
4bd | 2ba | ~2,750sqft
Over List Price
0%
Days on Market
7
Competing Offers
3
Down Payment
—
Chandra Gordon
Seattle Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$850K Offer
Sold for $900K
3bd | 1.75ba | ~2,000sqft
Over List Price
13%
Days on Market
6
Competing Offers
18
Down Payment
~10%
Kendall Overton
Seattle Redfin Agent
19 offers, winning offer waived all contingencies, had a 40% downpayment, and escalated more than 20% over list. Winning offer was able to beat a cash offer by a small price margin…
More
Offer Not Accepted|
3 Weeks Ago
~$1.25M Offer
Sold for $1.5M
4bd | 2ba | ~2,500sqft
Under List Price
5%
Days on Market
4
Competing Offers
1
Down Payment
~40%
Lisa Radovich
Seattle Redfin Agent
Offer Not Accepted|
3 Weeks Ago
~$1.25M Offer
Sold for $1.75M
3bd | 1.5ba | ~2,500sqft
Over List Price
0%
Days on Market
5
Competing Offers
10
Down Payment
~30%
Peter Brown
Seattle Redfin Agent
Offer Not Accepted|
2 Weeks Ago
~$1.25M Offer
Sold for $1.25M
3bd | 2.25ba | ~1,500sqft
Over List Price
14%
Days on Market
4
Competing Offers
8
Down Payment
—
Nick Alexander
Seattle Redfin Agent
There was a lot of competition but our offer ended up in second position.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Seattle housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Seattle.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Seattle has a moderate risk of flooding. 6,371 properties in Seattle are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Seattle. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Seattle has a minor risk of wildfire. There are 2,716 properties in Seattle that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Seattle.