Seattle, WA global tech hub with constrained land supply; highest median incomes in the nation support premium prices. This report covers current market conditions, investment fundamentals, and key metrics for real estate buyers and investors.
Current Market Snapshot
Investment Analysis
With a gross yield of 3.8% and a median price of $745,000, Seattle sits at the lower end of the yield spectrum. A typical 2-bedroom property rents for approximately $2,359/month based on HUD Fair Market Rent data.
The affordability index of 54 suggests housing costs exceed what the median household can comfortably afford — watch for affordability-driven demand moderation.
Market Temperature: Hot
With a median DOM of 22 days and approximately 3,100 active listings and fierce competition, Seattle's market is currently classified as hot. Low inventory is supporting seller leverage; buyers should move decisively on well-priced properties.
Key Data Points
| Metric | Value |
|---|---|
| Median Sale Price | $745,000 |
| YoY Price Change | +2.2% |
| Median Days on Market | 22 days |
| Active Listings | 3,100 |
| Est. 2BR Fair Market Rent | $2,359/mo |
| Gross Rental Yield | 3.8% |
| Median Household Income | $102,000 |
| Affordability Index | 54 |
Getting Live Data via API
ZipMarketData provides live data for all ZIP codes within the Seattle, WA metro. Use the /market-stats endpoint with any Seattle ZIP code for the most current figures.