All Home Types
Seattle, WA Housing Market
What is the housing market like in Seattle today?
In August 2023, Seattle home prices were down 4.5% compared to last year, selling for a median price of $810K. On average, homes in Seattle sell after 10 days on the market compared to 14 days last year. There were 732 homes sold in August this year, down from 887 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$810,000
-4.5% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Seattle, WA
$810,000
-4.5%
United States
Seattle Migration & Relocation Trends
In Jun '23 - Aug '23, 19% of Seattle homebuyers searched to move out of Seattle, while 81% looked to stay within the metropolitan area.
- Across the nation, 4% of homebuyers searched to move into Seattle from outside metros.
- Louisville homebuyers searched to move into Seattle more than any other metro followed by San Francisco and Los Angeles.
Where are people moving to Seattle from?
- 81% of Seattle homebuyers searched to stay within the Seattle metropolitan area.
- Spokane was the most popular destination among Seattle homebuyers followed by Phoenix and Aberdeen.
Where are people from Seattle moving to?
Number of People Moving to Seattle
least
most
People are moving to Seattle from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 9,328 | ||
| 2 | 2,921 | ||
| 3 | 945 | ||
| 4 | 857 | ||
| 5 | 495 | ||
| 6 | 344 | ||
| 7 | 305 | ||
| 8 | 253 | ||
| 9 | 245 | ||
| 10 | 218 | ||
People are leaving Seattle for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 2,557 | ||
| 2 | 2,004 | ||
| 3 | 1,704 | ||
| 4 | 1,645 | ||
| 5 | 1,496 | ||
| 6 | 666 | ||
| 7 | 476 | ||
| 8 | 454 | ||
| 9 | 437 | ||
| 10 | 432 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Seattle.
Risk Factor
Provided by First Street Foundation
Transportation in Seattle
Learn about the walkability, bikeability, and transit-friendliness of Seattle
Very Walkable
Walk Score®
Good Transit
Transit Score®
Very Bikeable
Bike Score®
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