Washington Housing Market

Price & Demand Distribution

$790,152

$2,290

Momentum & Risk Signals

25.0%

20.8%

0.0%

How Washington compares

Median across the ZIP codes tracked in each state, on identical definitions.

State	Median home value	Median rent		State income tax	ZIPs tracked
New York	$1,118,052	$4,756	20.8%	10.9% top rate	53
California	$911,968	$2,738	14.6%	13.3% top rate	96
Washington	$790,152	$2,290	25.0%	None	24
Massachusetts	$788,761	$3,209	20.7%	5% flat	29
Florida	$602,196	$2,736	13.3%	None	30
Georgia	$378,382	$1,891	17.9%	5.39% flat	28
Illinois	$335,515	$1,862	28.6%	4.95% flat	56
Texas	$296,043	$1,594	25.3%	None	186

Income tax is the top marginal rate on wages for the 2025 tax year, from the Washington Department of Revenue. A flat rate and a graduated top rate are not the same measure, so the structure is named alongside it. No tax on wages. Washington does levy a separate tax on long-term capital gains.

State vs Tracked-Market Average

+23.90%

-6.10%

+14.5

+4.10%

Data availability vs average

-72.10%

Across 24 measured ZIP markets in Washington, the median ZIP home value is $790,152 and the median ZIP rent is $2,290. 25.0% of measured ZIP markets show softer conditions. 20.8% of measured ZIP markets show rising price-cut pressure.

Key stats

25.0% of measured ZIP markets show softer conditions.
20.8% of measured ZIP markets show rising price-cut pressure.
The middle ZIP home value is +23.9% versus the tracked-market benchmark.
Month over month, the median ZIP market moved 0.0% on inventory and +3.4% on buyer competition.
The middle ZIP rent is -6.1% versus the tracked-market benchmark.

Measured ZIP markets: 24
Median ZIP home value: $790,152
Median ZIP rent: $2,290
Median buyer competition: 62

Price and rent across local markets

The middle ZIP home value is +23.9% versus the tracked-market benchmark. The middle ZIP rent is -6.1% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $694,699 to $967,442. The middle half of tracked ZIP rents runs from $2,045 to $2,422. Buyer competition across local ZIP markets runs from 51 at the 25th percentile to 66 at the 75th.

How broadly conditions are changing

25.0% of measured ZIP markets show softer conditions. 20.8% of measured ZIP markets show rising price-cut pressure. 0.0% of measured ZIP markets show a recent inventory spike. Month over month, the median ZIP market moved 0.0% on inventory and +3.4% on buyer competition. 0.0% of measured ZIP markets show accelerating new-listing supply. 0.0% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is +4.1% versus the tracked-market benchmark.

Continue your market research

King County marketContinue from the regional view to a more specific local market.

Sources and method

HomeMarketCap.com data sources: local housing-market datasets
HomeMarketCap.com methodology: regional aggregation rules

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

Area profile & market context

Population

707,199

Population density

4,811 / sq mi