Washington
Local Housing Market · Zillow ZHVI · March 2026
$601,016
Typical Home Value
▼ 0.5% YoY ▼ 0.21% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 Washington Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$601,016
▼ 0.5% YoY
Month-over-Month
▼ 0.21% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · Washington
Market Indicators
REALTOR.COM🏦 LO Market Signal · April 2026
• Inventory is up 24.4% YoY and listing prices are flat 0.2% YoY with 16.6% of listings carrying a price cut. Pricing is stable — comps should be reliable.
• Homes are selling in a median 39 days — a moderate-paced market. Pending ratio is 0.47 — moderate demand, purchase timelines are manageable.
• New listings are increasing 3.5% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$648,500
▼ 0.2% YoY
Median Days on Market
39d
0d YoY
Active Listings
20,075
▲ 24.4% YoY
New Listings
11,816
▲ 3.5% YoY
Price Reduced Share
16.6%
of active listings
Pending Ratio
0.47
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in Washington
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · April 2026
Spokane-Spokane Valley
▼ COOLING
National rank #109
Median Price
$499,250
Median DOM
35d
Demand score 36/100
Bremerton-Silverdale-Port Orchard
▼ COOLING
National rank #125
Median Price
$649,725
Median DOM
32d
Demand score 20/100
Yakima
▼ COOLING
National rank #142
Median Price
$430,000
Median DOM
45d
Demand score 47/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply