Washington Housing Market
Warm MarketHousing market data and trends for Washington. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$644K
↓ 0.1% YoY
Days on Market
31 days
↑ 24.0% YoY
Active Inventory
18,253
↑ 16.1% YoY
Homes Sold
7,114
↑ 1.5% YoY
Warm Market
The market is active with moderate buyer demand.
Washington Market Summary
The Washington housing market is heating up. As of March 2026, the median home sale price is $644K, down 0.1% year-over-year. Homes are spending a median of 31 days on the market, 24.0% longer than a year ago.
There are 18,253 homes for sale — 16.1% more than last year. With 2.6 months of supply, this is a seller's market. 11,036 new listings were added during this period, up 5.4% year-over-year.
Homes are selling for 99.6% of their list price on average, suggesting room for negotiation. 30.6% of homes sell above their asking price. 29.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 48% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
Washington Market Trends
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Detailed Market Metrics
Median List Price
$674K
Price per Sq Ft
$362
Sale-to-List Ratio
99.6%
Months of Supply
2.6
Sold Above List
30.6%
Price Drops
29.6%
New Listings
11,036
↑ 5.4% YoY
Pending Sales
8,933
Metro Areas in Washington
Seattle, WA metro area
$833K median
12 days
on market
Tacoma, WA metro area
$563K median
19 days
on market
Spokane, WA metro area
$419K median
56 days
on market
Olympia, WA metro area
$546K median
36 days
on market
Kennewick, WA metro area
$449K median
68 days
on market
Bremerton, WA metro area
$576K median
23 days
on market
Bellingham, WA metro area
$659K median
31 days
on market
Yakima, WA metro area
$389K median
54 days
on market
Longview, WA metro area
$420K median
42 days
on market
Wenatchee, WA metro area
$533K median
28 days
on market
Mount Vernon, WA metro area
$610K median
32 days
on market
Aberdeen, WA metro area
$333K median
70 days
on market
Moses Lake, WA metro area
$383K median
84 days
on market
Oak Harbor, WA metro area
$650K median
27 days
on market
Port Angeles, WA metro area
$534K median
73 days
on market
Centralia, WA metro area
$440K median
99 days
on market
Shelton, WA metro area
$450K median
26 days
on market
Ellensburg, WA metro area
$567K median
67 days
on market
Walla Walla, WA metro area
$410K median
92 days
on market
Pullman, WA metro area
$379K median
33 days
on market
Othello, WA metro area
$325K median
78 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.