The story of this market
The typical home in King County, Washington sells for about $850,000, or $485 per square foot.
Prices are down 4% from a year ago, which gives buyers more room to negotiate. Homes take about 25 days to sell, which is fast. Over the long run, values in this county have grown 245% since 2000. Last year 252 of 444 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is earthquake, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $2,549 a month.
HUD sets the fair market rent for a 2-bedroom at $2,549 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+16.5%). Worst: 2009 (-10.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
-0.2%
WA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$3,324
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 444 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
73
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $1,835,214,497.
King County, Washington
The King County housing market is currently experiencing a cooling phase, characterized by a year-over-year decline in median sale prices and a rise in inventory. High interest rates and economic uncertainty are tempering buyer demand, leading to longer days on market and a higher share of price reductions. Despite these headwinds, the region's strong employment base continues to provide a floor for market activity.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 38 cities · 84 ZIP reports
Median prices moved down 0.3% year over year.
Homes spend a median of 27 days on market with 0.1 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 33.08% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 8.2% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 82 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
King County, Washington — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 7, 2026.
researched Sep 16
researched Sep 16
researched Sep 16
researched Oct 1
researched Sep 18
researched Sep 19
researched Sep 20
researched Sep 16
researched Sep 16
researched Sep 16
| 98001 | Auburn | $699,000 | $359 | +0.4% | 25 | 98.5% | 15.3% | 3.2 | 129 | $2,105 | researched Sep 16 |
| 98002 | Auburn | $493,557 | $325 | +2.1% | 28 | 98.5% | 18.5% | 3.2 | 136 | $1,659 | researched Sep 16 |
| 98003 | Federal Way | $585,000 | $350 | +0.8% | 25 | 98.5% | 22% | 3.2 | 346 | $1,723 | researched Sep 16 |
| 98004 | Bellevue | $1,898,436 | $827 | -21% | 16 | — | — | — | 294 | $4,025 | researched Oct 1 |
| 98005 | Bellevue | $1,850,000 | $724 | +12.1% | 54 | 99.1% | — | 5.4 | 620 | $2,389 | researched Sep 18 |
| 98006 | Bellevue | $1,700,000 | $650 | -9.3% | 5 | — | — | — | 117 | $2,836 | researched Sep 19 |
| 98007 | Bellevue | $1,300,000 | $684 | -12.9% | 8 | 99% | — | 4.6 | 105 | $2,331 | researched Sep 20 |
| 98008 | Bellevue | $1,504,243 | $697 | -5.4% | 5 | 97% | — | 4.6 | 627 | $2,565 | researched Sep 16 |
| 98010 | Black Diamond | $773,000 | $408 | +1.2% | 38 | 100% | 15.3% | 0.8 | 54 | $1,657 | researched Sep 16 |
| 98011 | Bothell | $1,050,000 | $450 | -2.5% | 28 | 98.5% | 15% | 3.2 | 132 | $2,294 | researched Sep 16 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in King County vary significantly by municipality, with urban centers like Seattle experiencing higher property crime rates compared to suburban areas, consistent with regional trends in the Pacific Northwest.
King County is served by numerous highly-rated school districts, including Bellevue, Lake Washington, and Northshore, which are consistently ranked among the best in Washington state.
The county faces risks from seismic activity, localized flooding in river valleys, and increasing wildfire smoke impacts during summer months, leading to rising property insurance premiums.
The economy is anchored by global technology and aerospace giants, with significant ongoing infrastructure investment in light rail expansion and mixed-use urban development projects.
Property taxes are assessed by the King County Assessor based on market value, with rates determined by a combination of state, county, city, and special district levies, including voter-approved bonds and levies.
The economy is heavily driven by the technology, aerospace, and global logistics sectors, with major employers including Amazon, Microsoft, and Boeing.
The county is served by an extensive network of highways, ferries, and the growing Sound Transit light rail system, which is the primary focus of regional transit infrastructure.
The King County Assessor's office conducts annual revaluations of all real property to ensure assessments reflect current market values.
The county is served by numerous special purpose districts, including fire, water, sewer, and hospital districts, which operate independently of city governments.
Property insurance markets are tightening due to increased wildfire and climate-related risks, resulting in higher premiums and stricter underwriting standards.
- Remlinger Farms4.37.4 mi
- Wild Waves Theme and Water Park3.924.4 mi
- Sky Zone Trampoline Park4.114.2 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.313.4 mi
- Sky Zone Trampoline Park4.122.3 mi
- T-Mobile Park4.716.5 mi
- Climate Pledge Arena4.518 mi
- Lumen Field4.616.5 mi
- Paramount Theatre4.716.8 mi
- Washington State Fair Event Center4.329.1 mi
- Space Needle4.617.8 mi
- Pike Place Market4.617.2 mi
- Westfield Southcenter4.414.2 mi
- Woodland Park Zoo4.619 mi
- Gas Works Park4.717.7 mi
- Pike Place Market4.617.2 mi
- Gas Works Park4.717.7 mi
- The Museum of Flight4.814.8 mi
- Chihuly Garden and Glass4.717.8 mi
- Museum of Pop Culture4.517.7 mi
- Gas Works Park4.717.7 mi
- Kerry Park4.818.4 mi
- Marymoor Park4.710.2 mi
- Seward Park4.812.8 mi
- Warren G. Magnuson Park4.715.5 mi
- Mercer Island Beach Club4.511.3 mi
- Seattle Boat Company - Newport4.89.7 mi
- Newport Yacht Club4.69.7 mi
- Topgolf Renton4.111 mi
- Willows Run Golf Complex412.5 mi
- Bill Wright Golf Complex At Jefferson Park4.315.1 mi
- The Golf Club at Newcastle4.47.5 mi
- Interbay Golf Center4.519.5 mi
- Bellevue Square4.511.3 mi
- Pike Place Market4.617.2 mi
- Westfield Southcenter4.414.2 mi
- University Village4.616.7 mi
- Uwajimaya Seattle4.616.3 mi
- Paine Field4.728.5 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.416.4 mi
- King County International Airport - Boeing Field4.515 mi
- Kenmore Air - Lake Union4.617.5 mi
- Kenmore Air - Lake Washington4.519.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The largest city park in Seattle, offering extensive trails, beaches, and forest landscapes.
A world-class aviation museum showcasing the history of aerospace, reflecting the region's industrial roots.
A historic public market and cultural landmark that serves as a major tourist and local food destination.
Retrieved from data.census.gov