Where prices are
Seattle's median single-family home price has held in the $850K-$925K range through the first half of 2026, with neighborhood variation. North Seattle (Wallingford, Green Lake, Ballard) remains in the $1M+ band. South Seattle (Beacon Hill, Columbia City, Rainier Beach) ranges from $650K to $800K. The Eastside (Bellevue, Kirkland, Redmond) sits well above Seattle averages.
Inventory is up — moderately
Active listings have increased compared to the tightest years (2021-2022), but inventory remains below pre-pandemic norms. This is a more balanced market than buyers have seen in five years, but it's not a buyer's market in any historical sense.
Days on market — longer than peak, shorter than normal
Median days on market in Seattle is hovering around 18-25 days — well above the 5-7 days seen in 2021-2022, but still below the 35-50 day pace of a balanced market.
Interest rates
Rates have stabilized in the 6.25-7.0% range for 30-year fixed conforming loans. Most buyers have adjusted; the 2-3% rates of 2020-2021 are no longer the comparison point.
What this means for you
If you're a buyer, you have more time, more leverage, and more options than in any year since 2018. If you're a seller, you need to price right and prep well — buyers are choosier and will pass on overpriced or underprepared homes.