Washington median home prices 50% above national average
SEATTLE - We know home prices in Washington are high, but a new Redfin report is showing us more about how the numbers actually stack up on a national scale.
Right now, the median home price in Washington is $659,000, the fourth highest in the United States.
With the national average sitting at $440,000, that means homebuyers in the state are paying 50% higher prices overall.
When compared to prices in 2019, changes in median home sale prices in Washington have increased 47%. This is the lowest among our neighbors, except Oregon--representing a 42% increase.
- Idaho 74% increase
- Montana 78% increase
- Nevada 52 increase
- Utah 62% increase
- California 48% increase
According to the monthly housing market data report, higher sale prices are associated with more population-dense locales and in-demand metro areas.
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