The Seattle housing market in February has strengthened compared to last year with the median home price around $726,500 — up 0.3% from last year. Homes for sale in Seattle* now spend an average of 67 days on the market, and nearly 18% sell below asking price.
Just a few of the 773,720 Veterans we've helped get into homes.
5,362 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 February 2026
Median Days on Market
67 days
Homes are staying on the market 18.75% longer than last month.
Average Listing Price
$1,055,538
Average home prices are down 1.86% since last month.
Active Listings
6,356 homes
Number of houses on the market are down 25.06% since last month.
Homes in the Seattle region sell at a moderate pace.
18% of listings reduced price last month.
1,416
New listings
Down 47.1% from last month
6,356
Active listings
Down 25.1% 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 6.6
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
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
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Listing Price
$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
$769,000
$762,343
$749,950
$726,500
Month
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
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Active Listings
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
10,185
9,813
8,488
6,356
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
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
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Median Days on Market
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
47
48
56
67
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
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
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Hotness Score
45.9866
44.4816
46.4883
43.311
42.4749
42.8094
42.1405
41.3043
40.301
32.2742
34.4482
45.6522
48.3278
44.9833
44.8161
45.1505
41.806
45.4849
40.8027
41.806
35.1171
30.2676
37.1237
49.8328
47.9933
47.6589
47.9933
46.8227
43.6455
41.3043
37.1237
39.1304
35.6187
32.2742
39.7993
50.3344
47.8261
46.3211
46.1538
43.1438
40.1338
38.4615
36.7893
36.7893
34.2809
30.602
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 seven of the last ten years.
More VA purchase loans than any other lender for the past 10 consecutive years
Over the last six 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.
Crystaline and her crew were very professional and courteous and knowledgeable there willingness to help and keep me informed from beginning until we get the keys, awesome great experience with all of them thank you so much and God bless you all!!
Joaquin S. | Army
Verified Customer
Trey was quick and efficient throughout the whole loan process. He was very accessible and got us a great rate on our refi. I would definitely recommend him to all my friends.
James L. | Air Force
Verified Customer
Everyone was responsive and kept me informed. All forms were easy to access.
Robert S. | Navy
Verified Customer
Smooth and seamless. Eric and his team were top-tier professionals from the pre-approval to the last closing document. They were all extremely knowledgable, responsive, and supportive. I came in with limited knowledge as a first time home buyer and they guided me with thorough explanations and suppo...
Netzahualcoyotl R. | Marine Corps
Verified Customer
Great service and great people. They walked us through every step and made the process easy.
Cynthia M. | Navy
Verified Customer
SO IMPRESSED with Veterans United Team, They always kept me updated on the the process, responded fast to any questions I had and very professional. I was worried the process would be stressful but Veterans United made it easy. I would HIGHLY RECOMMEND Veterans United to anyone.
Rick P. | 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
Everyone was super helpful despite my fairly busy schedule. Thank you all for flexing your times!
Devin R. | Navy
Verified Customer
Devin was very easy to communicate with and was always just a phone call away. I could not be more happy with Devin and his team. Way to go guys.
Anthony C. | Army
Verified Customer
There were many frustrating moments during the process of buying this home, not necessarily the team's fault but they were very patient, quick to respond and get documents processed through or given to me to be able to complete my part. They also always answered my little and big questions untill I ...
Kelsie R. | Marine Corps
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
My experience with Veterans United, and in particular with Jeff Magsamen and his team, has been phenomenal. They are incredibly knowledgeable, responsive, respectful, and they have unequivocally earned my trust and respect. Based on my experience over the last several years (which includes a VA lo...
*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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