The Seattle housing market in October has weakened compared to last year with the median home price around $774,950 — down from last year. Homes for sale in Seattle* now spend an average of 44 days on the market, and nearly 38% sell below asking price, giving buyers more negotiating power.
Just a few of the 738,955 Veterans we've helped get into homes.
5,212 Veterans in the Seattle-Tacoma-Bellevue, WA area alone!
Based on Veterans United and Veterans United Realty's internal data.
Brandon G. | U.S. Air Force
Daniel H. | U.S. Army
Dwaun B. | U.S. Army
Henry V. | U.S. Army
Jeremy L. | U.S. Marine Corps
Kenneth G. | U.S. Army
Romulo U. | U.S. Navy
Seattle Metro Housing Market in September 2025
Median Days on Market
44 days
Homes are staying on the market 11.39% longer than last month.
Average Listing Price
$1,135,056
Average home prices are down 0.73% since last month.
Active Listings
9,984 homes
Number of houses on the market are down 1.26% since last month.
Homes in the Seattle region sell at a moderate pace.
38% of listings reduced price last month.
4,320
New listings
Down 14% from last month
9,984
Active listings
Down 1.3% from last month
VA Loan Market Share
3.2% of originations last year were VA loans.
950
Sold last year
1/31
Were VA loans
Seattle Area
Own vs Rent Trends
A higher share of owner-occupied homes often reflects stronger long-term ties to the community, since homeowners are more likely to stay in one place and invest in their neighborhoods. By contrast, areas with a larger renter population may be more transient, offering flexibility but sometimes less stability in housing markets.
It could also be an indication of market health, as affordable markets often have higher owner-occupancy rates.
The home listing price-to-income ratio in the Seattle area is 7
The ratio compares how expensive homes are in Seattle relative to household income. A higher ratio means homes cost more compared to what people earn.
A healthy price-to-income ratio is generally around 3 times your household's annual income (or less), but higher ratios can be sustainable depending on your rate, DTI, and more.
Median Home Prices by Neighborhood in the Seattle Region
This section breaks down median home prices by neighborhood. Use these insights to see where housing costs trend higher or lower, and to better understand the market at the zip code level.
The Seattle metro median income is $110,744.
Explore Seattle Area Neighborhoods
See how median home prices in individual Seattle neighborhoods compare to the overall metro median.
View this chart to learn about the median listing price and the number of active listings in Seattle over time.
Month
Nov 2021
Dec 2021
Jan 2022
Feb 2022
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Listing Price
$674,995
$662,500
$685,000
$722,450
$749,950
$799,900
$824,985
$802,248
$789,950
$774,975
$762,450
$750,000
$737,450
$724,950
$724,975
$749,950
$788,975
$825,000
$822,500
$824,720
$815,000
$799,475
$799,000
$792,250
$752,413
$749,000
$749,495
$765,000
$767,875
$774,973
$777,450
$795,000
$779,975
$775,000
$772,425
$759,975
$740,000
$724,475
$725,813
$737,400
$750,000
$782,225
$799,000
$799,250
$785,463
$774,950
Month
Nov 2021
Dec 2021
Jan 2022
Feb 2022
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Active Listings
2,510
1,659
1,316
1,540
1,868
2,208
3,972
5,458
6,959
6,960
6,691
6,697
6,004
4,583
3,699
3,115
3,105
3,164
3,543
4,090
4,267
4,504
4,774
4,808
5,293
4,177
3,319
3,294
3,737
4,349
5,740
6,621
7,403
7,624
8,018
7,716
6,613
4,933
4,364
4,640
5,244
6,526
8,639
9,655
10,112
9,984
Median Days on Market
Days on Market
This chart shows the median days on market for active listings over time. In other words: how quickly homes move in the market. A declining rate means rising competition among buyers, while an increase means listings are sitting longer.
Month
Nov 2021
Dec 2021
Jan 2022
Feb 2022
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Median Days on Market
36
40
37
17
18
17
16
22
28
34
40
39
46
60
66
45
33
31
29
29
33
33
37
38
45
57
59
32
29
29
21
24
31
38
43
44
51
63
62
35
31
30
30
36
40
44
Market Hotness Score
Market Hotness
Based on Realtor.com's Market Hotness Index, this measure reflects how competitive the housing market is by comparing buyer demand with available inventory. Rising hotness scores point to more competition, while declining scores signal cooling conditions.
Month
Nov 2021
Dec 2021
Jan 2022
Feb 2022
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Hotness Score
43.812709
46.655518
48.662207
48.996656
45.986622
44.481605
46.488294
43.311037
42.474916
42.809365
42.140468
41.304348
40.301003
32.274247
34.448161
45.652174
48.327759
44.983278
44.816054
45.150502
41.80602
45.48495
40.802676
41.80602
35.117057
30.267559
37.123746
49.832776
47.993311
47.658863
47.993311
46.822742
43.645485
41.304348
37.123746
39.632107
35.618729
32.274247
39.799331
50.334448
47.826087
46.32107
46.153846
43.143813
40.133779
38.461538
Pending Homes-for-Sale %
Percentage of Homes Sold per Month
This chart shows the percentage of homes that sold each month, highlighting buyer demand and long-term market trends. In most markets, around 20% of listings selling each month is considered balanced. Higher percentages point to a strong sellers' market, while lower percentages indicate more favorable conditions for buyers.
Largest overall VA lender (purchase and refinance) for six of the last nine years.
More VA purchase loans than any other lender for the past nine consecutive years
Over the last five years, Veterans United made more VA purchase loans than USAA, Navy Federal Credit Union, Rocket Mortgage, Wells Fargo and Freedom Mortgage combined.
The Seattle market can be competitive, but VA loans are strong offers when paired with the right strategy. I once worked with a Navy Veteran who thought homeownership was out of reach due to VA loan myths. We found a great home in West Seattle, and seeing his family's excitement on closing day was incredibly rewarding.
Dustin C.Veterans United Network Realty Agent
With full VA entitlement, buyers in the Seattle area can purchase with 0% down, even in higher-priced markets. In competitive situations, flexibility and understanding what matters to the seller can make your offer stand out. Many stationed at Joint Base Lewis-McChord choose areas like Puyallup or Lacey for more space and a strong sense of community.
Rachel J.Veterans United Network Realty Agent
Seattle homes priced right move fast, so speed is everything. A strong VA offer submitted quickly can save you thousands. VA loans don't have PMI and while there are still closing costs, many buyers end up paying less out of pocket than they would to rent.
Jesse N.Veterans United Network Realty Agent
1-800-985-5723 | 1512 Heriford Road, Columbia, MO 65202. Not affiliated with any government agency including the VA. Missouri Licensed Real Estate Brokerage; for license information, visit VeteransUnitedRealty.com. Equal Housing Opportunity.
Start Your VA Loan With Veterans United
Not sure where to begin? Whether you're stationed nearby or planning to move near Seattle, we’ll help you understand what to expect.
Tammy was very helpful and honest with us and answered any questions we had, she's a pro at what she does.
Dominic M. | Navy
Verified Customer
My whole refinance team was very attentive understanding and effective with my process
Maria G Q. | Navy
Verified Customer
Home buying can be stressful especially when you’re juggling regular life with a bunch of kids. Understanding the lending process let alone a VA Loan was a lot of work (for me). Veterans United made the process simple and my loan officer, Rachel was outstanding! Made the process simple. Clearly co...
Jeremy L. | Marine Corps
Verified Customer
Tammy Hemmie has been so wonderful in my hime buying journey and refinance. She kept me abreast every step of the way. She possesses outstanding customer service skills and truly cares for us in her care. Her knowledge of the present market and navigating the course in second to none. A true asset ...
Jonathon C. | Navy
Verified Customer
Shane Martin and Holly's team are amazing individuals. Would never think of dealing with another company or team. The time,consideration and dedication they took with me and my family go beyond words. Truly amazing people.
Scotty B. | Army
Verified Customer
Veterans United helped me buy my first house. I went into this knowing I knew very little about home buying, and the team assisted my spouse and me the whole way through the transaction. We were able to leverage a cashback offer that other banks were offering for 1.75% on the home price as a way to ...
Judy J. | Army
Verified Customer
As a first-time home buyer and young active-duty servicemember, I can't praise Veteran's United highly enough. Their team made what seemed like a daunting undertaking in finding and financing a home really very easy! I'd recommend Veteran's United to anyone in the military looking to buy a home.
Henry V. | Army
Verified Customer
The experience with Veterans United was flawless. The team was experienced, thoughtful, and went the extra mile to answer my questions. Highly recommend.
Kee L. | Army
Verified Customer
Could not have gone better - it was a literally perfect process. If/when I need another loan I will come back to Veterans United.
Jeffrey F. | Navy
Verified Customer
Veterans United made our first homebuying experience smooth and stress-free. The team was professional, personable, and always available to answer our questions. We’re grateful for their guidance and highly recommend them to other veterans and military families!
Kyle C. | Marine Corps
Verified Customer
As much as I work, the team did a superb job accommodating me in my endeavor to purchase my home. The collaboration between the teams were impeccable. I have been impressed with how my home buying experience went. I have spoken to my fellow veterans at work and recommended Veterans United for a grea...
Romulo U. | Navy
Verified Customer
Harley Bradley and her team, to include Dennis Hill, made it such an easy process. I've trusted our Veterans United team to enable me to achieve all my mortgage goals.
Louise S. | Army
Verified Customer
They worked with me anytime I asked and helped me through some of my tough answer said I had to have
*Unless stated otherwise, data for the metro refers to the CBSA ("Core-Based Statistical Area"), the defined geography that makes up the surrounding metropolitan and micropolitan areas.
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