Seattle, WA real estate
Buying or selling a home, condo, or piece of land in Seattle? Here is what the city's housing actually looks like, and how to reach Isaac Ortiz about it.
Seattle housing snapshot
| Population | 741,440 | |
|---|---|---|
| Median home value | $912,100 | Owner-reported |
| Median household income | $121,984 | |
| Detached houses | 37.9% | Share of all housing units |
| Townhomes / attached | 5.9% | |
| In buildings of 2+ units | 56% | Condos and apartments alike |
| Manufactured homes | 0.2% | |
| Owner-occupied | 44.2% | |
| Median year built | 1974 | |
| Vacancy rate | 7.8% |
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2019–2023). Tables B25077, B01003, B25003, B25024, B25035, B19013, B25002. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
What the numbers mean for a buyer or seller
The median owner-reported home value in Seattle is $912,100.
That is 12% above the King County median of $811,200. Median household income is $121,984, in line with the county's $122,148.
Most homes here are in multi-unit buildings: 56% of Seattle's housing units sit in buildings of two or more, against 37.9% detached houses. The Census does not separate condos from rental apartments in that count, so it describes how the area is built rather than what is currently for sale.
Owners occupy 44.2% of homes, so Seattle is majority-renter. That matters for buyers two ways: more of the stock is investor-held, and more of it trades as an income property rather than a primary residence.
Half of Seattle's homes were built in 1974 or earlier, so a large share predates modern energy codes - worth leaving time in the inspection for the roof, the electrical, and the plumbing.
Talk to Isaac Ortiz about Seattle
Isaac Ortiz is a licensed real estate broker with Compass, working King County and the surrounding Puget Sound area. Se habla español. Send a note and he will reply personally.
Or call +1 253-359-5263 or email Isaac.Ortiz@nwret.com.