Washington
Local Housing Market · Zillow ZHVI · September 2026
$587,533
Typical Home Value
▼ 0.5% YoY ▲ 0.00% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 Washington Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$587,533
▼ 0.5% YoY
Month-over-Month
▲ 0.00% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · 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 · September 2026
• Inventory is up 19.9% YoY and listing prices are softening 1.5% YoY with 24.4% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 58 days — a slower market. Pending ratio is 0.3 — moderate demand, purchase timelines are manageable.
• New listings are declining 4.0% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$639,475
▼ 1.5% YoY
Median Days on Market
58d
0d YoY
Active Listings
29,326
▲ 19.9% YoY
New Listings
9,050
▼ 4.0% YoY
Price Reduced Share
24.4%
of active listings
Pending Ratio
0.3
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) · September 2026
Bremerton-Silverdale-Port Orchard
▼ COOLING
National rank #162
Median Price
$674,990
Median DOM
46d
Demand score 15/100
Kennewick-Richland
▼ COOLING
National rank #166
Median Price
$499,945
Median DOM
51d
Demand score 25/100
Spokane-Spokane Valley
▼ COOLING
National rank #177
Median Price
$490,000
Median DOM
52d
Demand score 24/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply