Phoenix, AZ vs Seattle-Tacoma-Bellevue: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of July 2026

Phoenix, AZ vs Seattle-Tacoma-Bellevue side by side

Metric Phoenix, AZ Seattle-Tacoma-Bellevue
Alpha Score4425
Price Momentum4150
Inventory Health342
Affordability506
Economic Strength5045
Rental Yield5026
Median Sale Price$469K
Price-to-Income6.0
Payment-to-Income36.7%
Months of Supply4
Gross Rental Yield3.4%
Overvaluation Index40

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 50/100 vs Seattle-Tacoma-Bellevue 6/100.
  • Price Momentum: Seattle-Tacoma-Bellevue leads — Phoenix, AZ 41/100 vs Seattle-Tacoma-Bellevue 50/100.
  • Inventory Health: Phoenix, AZ leads — Phoenix, AZ 34/100 vs Seattle-Tacoma-Bellevue 2/100.
  • Economic Strength: Phoenix, AZ leads — Phoenix, AZ 50/100 vs Seattle-Tacoma-Bellevue 45/100.
  • Rental Yield: Phoenix, AZ leads — Phoenix, AZ 50/100 vs Seattle-Tacoma-Bellevue 26/100.

Frequently asked questions

Which has a higher Alpha Score, Phoenix, AZ or Seattle-Tacoma-Bellevue?

Phoenix, AZ scores higher — 44 vs 25 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.

Which housing market has stronger momentum, Phoenix, AZ or Seattle-Tacoma-Bellevue?

Seattle-Tacoma-Bellevue has stronger price momentum — 50/100 vs 41/100.

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.