23Alpha

Seattle-Tacoma-Bellevue, WA Housing Market Brief

metro · WA · as of May 2026

Deep Buyer's

What is Seattle-Tacoma-Bellevue, WA’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%
No data
50
Inventory Health25%
2
Affordability20%
6
Economic Strength20%
-33.339
Rental Yield15%
26

Where is Seattle-Tacoma-Bellevue, WA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Seattle-Tacoma-Bellevue, WA 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-Tacoma-Bellevue, WA housing market data

MetricValueYoY
Median Days on Market34 days▲ +13.3%

How has Seattle-Tacoma-Bellevue, WA’s Alpha Score moved?

Now: 23
3-period trend

Markets like Seattle-Tacoma-Bellevue, WA

Frequently asked questions

Is Seattle-Tacoma-Bellevue, WA a buyer's or seller's market?

As of May 2026, Seattle-Tacoma-Bellevue, WA is classified as a Deep Buyer's Market, based on its Alpha Score of 23 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

How affordable is Seattle-Tacoma-Bellevue, WA?

Seattle-Tacoma-Bellevue, WA scores 6 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Seattle-Tacoma-Bellevue, WA's Alpha Score?

Seattle-Tacoma-Bellevue, WA's strongest dimension is Price Momentum (50/100) and its weakest is Inventory Health (2/100). The Alpha Score is a weighted blend of all five dimensions.

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