Phoenix, AZ vs Seattle-Tacoma-Bellevue: Housing Market Comparison (2026)
Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of August 2026
Phoenix, AZ vs Seattle-Tacoma-Bellevue side by side
| Metric | ● Phoenix, AZ | ● Seattle-Tacoma-Bellevue |
|---|---|---|
| Alpha Score | 32 | 17 |
| Price Momentum | 39 | — |
| Inventory Health | 36 | 2 |
| Affordability | 26 | 6 |
| Economic Strength | 24 | 55 |
| Rental Yield | 33 | 5 |
| Median Sale Price | $459K | — |
| Price-to-Income | 5.2 | 6.2 |
| Payment-to-Income | 31.5% | 39.2% |
| Months of Supply | 4 | — |
| Gross Rental Yield | 4.5% | 3.3% |
| Overvaluation Index | 60 | 40 |
Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.
How Phoenix, AZ and Seattle-Tacoma-Bellevue compare, dimension by dimension
- Affordability: Phoenix, AZ leads — Phoenix, AZ 26/100 vs Seattle-Tacoma-Bellevue 6/100.
- Inventory Health: Phoenix, AZ leads — Phoenix, AZ 36/100 vs Seattle-Tacoma-Bellevue 2/100.
- Economic Strength: Seattle-Tacoma-Bellevue leads — Phoenix, AZ 24/100 vs Seattle-Tacoma-Bellevue 55/100.
- Rental Yield: Phoenix, AZ leads — Phoenix, AZ 33/100 vs Seattle-Tacoma-Bellevue 5/100.
Frequently asked questions
Which has a higher Alpha Score, Phoenix, AZ or Seattle-Tacoma-Bellevue?
Phoenix, AZ scores higher — 32 vs 17 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.
Is Phoenix, AZ or Seattle-Tacoma-Bellevue more affordable?
Phoenix, AZ is more affordable on our affordability dimension. Price-to-income is 5.2 in Phoenix, AZ and 6.2 in Seattle-Tacoma-Bellevue.
Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Phoenix, AZ market brief and the Seattle-Tacoma-Bellevue brief.