44Alpha

Seattle, WA metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Seattle, WA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-9.741
Inventory Health25%
+1.732
Affordability20%
No data
50
Economic Strength20%
No data
50
Rental Yield15%
No data
50

Where is Seattle, WA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Seattle, WA metro area is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Seattle, WA metro area housing market data

MetricValueYoY
Median Sale Price$813K-0.3%
Median Days on Market26 days▲ +65.3%
Months of Supply2.7▲ +13.3%
Homes for Sale7,265▲ +8.1%
Homes Sold2,655-3.4%
Median Price / Sq Ft$460-2.1%
Sale-to-List Ratio98.8%-0.6%

How has Seattle, WA metro area’s Alpha Score moved?

Now: 44
3-period trend
Median sale price · 12 mo

Markets like Seattle, WA metro area

Frequently asked questions

Is Seattle, WA metro area a buyer's or seller's market?

As of May 2026, Seattle, WA metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Seattle, WA metro area?

The median sale price in Seattle, WA metro area is $813K, having held roughly steady over the past year.

How affordable is Seattle, WA metro area?

Seattle, WA metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Seattle, WA metro area's Alpha Score?

Seattle, WA metro area's strongest dimension is Affordability (50/100) and its weakest is Inventory Health (32/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Seattle, WA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.