The South Lake Union housing market is somewhat competitive. The median sale price of a home in South Lake Union was $475K last month, down 9.52% since last year. The median sale price per square foot in South Lake Union is $641, up 0.8% since last year.
What is the housing market like in South Lake Union today?
In March 2024, South Lake Union home prices were down 9.52% compared to last year, selling for a median price of $475K. On average, homes in South Lake Union sell after 79 days on the market compared to 13 days last year. There were 4 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$475,000
-9.52% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Lake Union, WA
$475,000
-9.52%
United States
To compare other locations to the South Lake Union and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Seattle add value to a home.
How hot is the South Lake Union housing market?
South Lake Union is somewhat competitive. Homes sell in 16 days.
0
100
65
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 16 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Lake Union housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Lake Union.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Lake Union has a minor risk of flooding. 7 properties in South Lake Union are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in South Lake Union. Flood risk is increasing slower than the national average.
South Lake Union has minimal risk of severe winds over the next 30 years
Wind Factor
South Lake Union has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
South Lake Union has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in South Lake Union have a Moderate Heat Factor®.
South Lake Union is expected to see a 114% increase in the number of days over 86ºF over the next 30 years. South Lake Union is expected to experience 7