What is the average home price in Seattle?

Name: Open House - 2:00 PM - 4:00 PM
Start: 2021-02-27T14:00:00-5:00
End: 2021-02-27T16:00:00-5:00
Location: 724 N 72nd St

Posted by Conor MacEvilly on Sunday, August 23, 2020 at 9:09 AM By Conor MacEvilly / August 23, 2020 Comment

Want to know what the average cost of a home is in the Seattle area?

As of summer 2020 (July), the average HOUSE price in Seattle was $778,500, an increase of 5.5% compared to July 2019. The average CONDO price in Seattle was $485,000, a 10.5% increase over the previous year.

Here's how the average Seattle house price has trended over the past 5 years.

And here's how the average Seattle condo price has varied over the past 5 years:

For more information on the price of homes in Seattle including the price per number of bedrooms and prices in different Seattle neighborhoods, click here.

Note that the results displayed above are for the MEDIAN sale prices, which is a lot more reliable value than using AVERAGE sale prices. The median is the sale price at which half the homes sold for above that value and half the home sold for below that value.