The Seattle housing market is very competitive. Homes in Seattle receive 4 offers on average and sell in around 10 days. The median sale price of a home in Seattle was $848K last month, up 11.5% since last year. The median sale price per square foot in Seattle is $587, up 4.5% since last year.
In March 2024, Seattle home prices were up 11.5% compared to last year, selling for a median price of $848K. On average, homes in Seattle sell after 10 days on the market compared to 12 days last year. There were 745 homes sold in March this year, up from 727 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$847,500
+11.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Seattle, WA
$847,500
+11.5%
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 108% 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 1% 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|
6 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 $1M
2bd | 1ba | ~1,750sqft
Over List Price
0%
Days on Market
6
Competing Offers
7
Down Payment
~20%
Kendall Overton
Seattle Redfin Agent
8 offers received. 2 of the 8 were cash offers. Final purchase price $171k/20% above list price. Winning offer was cash, closing in 7 days, waiving all contingencies. Seller provided a 3rd party inspection and sewer scope.…
More
Offer Not Accepted|
3 Weeks Ago
~$900K Offer
Sold for $950K
4bd | 2ba | ~2,500sqft
Over List Price
0%
Days on Market
12
Competing Offers
2
Down Payment
—
Peter Brown
Seattle Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$650K Offer
Sold for $700K
3bd | 1.5ba | ~1,000sqft
Under List Price
8%
Days on Market
8
Competing Offers
—
Down Payment
~30%
Peter Brown
Seattle Redfin Agent
Offer Not Accepted|
3 Weeks Ago
~$900K Offer
Sold for $900K
4bd | 2ba | ~1,750sqft
Over List Price
3%
Days on Market
5
Competing Offers
3
Down Payment
~10%
Kendall Overton
Seattle Redfin Agent
4 offers received. 2 escalated 30k/4% over list,2 escalated 55k/7% over list. Winning offer was cash closing in 8 days.…
More
View houses in Seattle that sold recently
Recently sold homes
SOLD MAY 9, 2024
VIDEO TOUR
$3,550,000 Last Sold Price
4 beds
2.5 baths
3,410 sq ft
1215 7th Ave W, Seattle, WA 98119
Holley Ring • Windermere Real Estate Midtown COMPASS
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.