Seattle home prices by neighborhood now split along one line: the loan limit. Over the 12 months through September 2026, the median Seattle house sold for $1,062,500, just $1,250 under King County’s $1,063,750 conforming limit. In 17 of 78 neighborhoods, the median house needs a jumbo loan even with 20% down.
I have spent more than 25 years closing loans around Puget Sound, and I do not sell, I educate. Most price reports stop at the median. I wanted to show what that median means for the loan you would actually use, neighborhood by neighborhood, because the loan type can change from one side of a ridge to the other. I call that boundary the jumbo line. This report covers 86 Seattle neighborhoods and will update every quarter. For financing details by area, start with my Seattle neighborhood mortgage guide.
$1,062,500
Median Seattle house, 12 months to Sep 2026
17 of 78
Neighborhoods where the median house needs jumbo at 20% down
20
Neighborhoods with a median house under the $832,750 national baseline
About 13 years
To save 20% down on the median house (illustrative, see below)
Seattle Home Prices by Neighborhood at a Glance
Here is the city as a whole. I use 12-month medians because a single month in one neighborhood can swing by six figures when only a handful of homes sell.
| Seattle, 12 months to Sep 2026 | Median price | Change vs prior 12 months |
|---|---|---|
| Houses (single-family) | $1,062,500 | Down 2.5% |
| Condos | $518,750 | Down 3.0% |
| All home types | $867,500 | Down 1.1% |
Figures are 12-month medians of Redfin’s Seattle housing market data, about 8,170 sales from October 2025 through September 2026.
What this means for you: prices have eased a little, not dropped sharply. The bigger story is where the typical house now sits. At $1,062,500, the median Seattle house is right at the edge of what a conforming loan can cover in King County. A few blocks either way, and the same down payment can put you in a different loan.
What Is the Jumbo Line in Seattle?
Every year the Federal Housing Finance Agency sets two numbers that matter here. The national baseline for a conforming loan is $832,750 in 2026. King County is a high-cost area, so its limit is higher: $1,063,750 for a one-unit home. A loan between those two numbers is called high-balance. A loan above the county limit is a jumbo loan.
The jumbo line is the price where your loan crosses that county limit. It depends on your down payment, because the limit applies to the loan, not the price. Here is where the lines fall for a one-unit home.
| Down payment | Loan stays under the $832,750 national baseline up to | Jumbo line (loan passes $1,063,750) above |
|---|---|---|
| 5% | $876,578 | $1,119,736 |
| 10% | $925,277 | $1,181,944 |
| 20% | $1,040,937 | $1,329,687 |
Limits come from the FHFA 2026 conforming loan limit values. The 2027 limits are expected in late November, and I will update this table when they publish. Prices are illustrative and assume a one-unit home.
Why it matters: conforming and jumbo loans follow different rulebooks. Jumbo loans typically ask for more cash in reserve after closing, stronger credit, and a full appraisal, and down payment minimums vary by program. High-balance loans follow conforming guidelines, but pricing and mortgage insurance can differ slightly from loans under the baseline. None of this makes one choice better. It means the price you target decides which set of rules you are shopping under, so it pays to know before you write an offer. My jumbo loan FAQ walks through the differences.
Where the Jumbo Line Falls Across Seattle Neighborhoods
This is the heart of the report. I sorted the 78 neighborhoods with enough house sales by which loan their median house would use with 20% down. Prices are 12-month median house prices.
Conforming: 38 neighborhoods
Median house up to $1,040,937. With 20% down, the loan stays at or under the $832,750 national baseline.
South Park $524,000
Rainier View $613,700
South Delridge $647,950
South Beacon Hill $650,000
Georgetown $662,000
Dunlap $686,000
Highland Park $705,738
Roxhill $714,475
Brighton $730,500
Haller Lake $732,500
Arbor Heights $749,000
Olympic Hills $750,000
High Point $770,000
Columbia City $777,500
Mid Beacon Hill $788,750
Rainier Beach $789,750
Bitter Lake $789,900
Riverview $799,950
North Delridge $812,433
North Beacon Hill $813,684
Northgate $847,631
Meadowbrook $866,250
North College Park $872,500
Atlantic $874,500
Greenwood $881,000
Lake City $897,488
Pinehurst $911,238
Fairmount Park $912,925
Maple Leaf $928,750
Crown Hill $931,250
Victory Heights $943,750
Cedar Park $948,738
Genesee $950,000
Minor $969,125
University District $972,418
Mann $995,917
Gatewood $996,000
West Woodland $1,009,916
High-balance: 23 neighborhoods
Median house from $1,040,938 to $1,329,687. The loan is above the national baseline but within King County’s $1,063,750 limit.
Adams $1,050,000
Matthews Beach $1,060,000
Roosevelt $1,089,909
Broadview $1,106,250
Whittier Heights $1,109,000
Loyal Heights $1,117,660
Ballard $1,138,000
North Admiral $1,151,750
Green Lake $1,165,000
Seaview $1,165,000
Ravenna $1,173,750
Seward Park $1,175,000
Lawton Park $1,190,000
Wallingford $1,218,750
Alki Point $1,220,000
Fremont $1,235,250
Wedgwood $1,237,500
Bryant $1,254,500
Mount Baker $1,272,750
Phinney Ridge $1,304,350
North Queen Anne $1,307,500
North Beach $1,317,250
Southeast Magnolia $1,325,764
Jumbo: 17 neighborhoods
Median house above $1,329,687. Even with 20% down, the loan is above the county limit.
Madrona $1,367,500
Sunset Hill $1,381,125
Fauntleroy $1,381,250
Queen Anne $1,458,500
West Queen Anne $1,473,626
Magnolia $1,477,000
Montlake $1,506,250
Stevens $1,540,000
Leschi $1,553,750
Capitol Hill $1,774,000
Broadway $1,820,000
View Ridge $1,829,750
East Queen Anne $1,880,500
Windermere $1,975,000
Laurelhurst $2,179,500
Denny-Blaine $3,149,477
Madison Park $3,247,500
A few patterns stand out. The jumbo neighborhoods ring the water and the hills: Madison Park, Denny-Blaine, Laurelhurst and Windermere along Lake Washington, plus Queen Anne, Magnolia and Capitol Hill. Every neighborhood with a median house under the national baseline is in South and Southeast Seattle, West Seattle and Delridge, or the far north end near Bitter Lake and Haller Lake. And 38 neighborhoods have a median house priced above the $1,063,750 limit itself, which means a buyer there needs a down payment large enough to bring the loan under the limit or uses a jumbo loan.
Eight neighborhoods are mostly condos and don’t have enough house sales for a house median: Belltown, Denny Triangle, Westlake, Pike Place Market, First Hill, the International District, Lower Queen Anne and Eastlake. Their condo medians appear in the tables below. Six small areas (Interbay, Portage Bay, South Lake Union, Pioneer Square, the Central Business District and Yesler Terrace) had too few sales for a reliable median and are left out this quarter, and Redfin had no price data for Sand Point or the Junction.
If the neighborhood you love sits right at the jumbo line, small choices matter: a slightly larger down payment, a different price point, or a different loan type. I am glad to map your numbers against the limit before you start touring. Call me at (206) 601-3426 or send a quick email, and I will keep it pressure-free.
How Long Does It Take to Save for a Home in Seattle?
Price is only half of affordability. The other half is cash. To make that concrete, I used one benchmark household: the area’s median family income of $164,400 (HUD, fiscal year 2026, Seattle-Bellevue area), saving 10% of gross pay, or $16,440 a year, toward a 20% down payment.
| Illustrative example | Median price | 20% down | Years to save | Price-to-income |
|---|---|---|---|---|
| Seattle median house | $1,062,500 | $212,500 | 12.9 | 6.5x |
| Seattle median condo | $518,750 | $103,750 | 6.3 | 3.2x |
| South Park median house (lowest) | $524,000 | $104,800 | 6.4 | 3.2x |
| Madison Park median house (highest) | $3,247,500 | $649,500 | 39.5 | 19.8x |
Illustrative only. One income level and one savings rate, with no raises, investment growth, gifts, or down payment assistance. Your timeline will be different. Income figure: HUD fiscal year 2026 median family income for the Seattle-Bellevue HUD Metro FMR Area (King and Snohomish counties).
What this means for you: 20% down is a savings target, not a requirement. Conventional loans typically allow as little as 3% to 5% down for qualified buyers, FHA typically allows 3.5%, and VA loans can allow zero down for eligible veterans. Putting less down shortens the savings timeline and usually adds mortgage insurance, so the right number is a trade-off worth running both ways. Only four neighborhoods have a median house under four times the median family income: South Park, South Beacon Hill, South Delridge and Rainier View.
Closing costs come on top of the down payment. In King County they typically run 2% to 4% of the price, so a median Seattle house with 20% down takes roughly $244,000 in cash at about 3% closing costs. My King County closing costs guide breaks that down, and the Seattle homebuyer budget worksheet lets you plug in your own numbers.
Seattle Home Prices by Neighborhood: The Full Tables
Every neighborhood in the report, grouped by area. Neighborhood names link to my local guide where I have one. “Years to save” uses the same illustrative benchmark as above.
Northwest Seattle: Ballard to Broadview
| Neighborhood | Median house | Median condo | All homes | Loan type, house, 20% down | Years to save 20% (house) |
|---|---|---|---|---|---|
| Sunset Hill | $1,381,125 | $985,250 | $1,188,363 | Jumbo | 16.8 |
| North Beach | $1,317,250 | Few sales | $1,305,000 | High-balance | 16.0 |
| Phinney Ridge | $1,304,350 | $542,500 | $1,063,250 | High-balance | 15.9 |
| Fremont | $1,235,250 | $477,500 | $952,500 | High-balance | 15.0 |
| Wallingford | $1,218,750 | $644,975 | $1,049,607 | High-balance | 14.8 |
| Ballard | $1,138,000 | $512,500 | $891,238 | High-balance | 13.8 |
| Loyal Heights | $1,117,660 | $864,975 | $1,037,500 | High-balance | 13.6 |
| Whittier Heights | $1,109,000 | Few sales | $889,975 | High-balance | 13.5 |
| Broadview | $1,106,250 | Few sales | $982,250 | High-balance | 13.5 |
| Adams | $1,050,000 | $455,000 | $788,750 | High-balance | 12.8 |
| West Woodland | $1,009,916 | Few sales | $898,750 | Conforming | 12.3 |
| Crown Hill | $931,250 | Few sales | $819,975 | Conforming | 11.3 |
| Greenwood | $881,000 | $426,625 | $748,225 | Conforming | 10.7 |
| Bitter Lake | $789,900 | $355,000 | $658,750 | Conforming | 9.6 |
North Seattle: Green Lake to Lake City
| Neighborhood | Median house | Median condo | All homes | Loan type, house, 20% down | Years to save 20% (house) |
|---|---|---|---|---|---|
| Laurelhurst | $2,179,500 | Few sales | $2,067,500 | Jumbo | 26.5 |
| Windermere | $1,975,000 | Few sales | $1,499,975 | Jumbo | 24.0 |
| View Ridge | $1,829,750 | $356,250 | $1,202,590 | Jumbo | 22.3 |
| Bryant | $1,254,500 | Few sales | $1,050,000 | High-balance | 15.3 |
| Wedgwood | $1,237,500 | $659,000 | $1,109,344 | High-balance | 15.1 |
| Ravenna | $1,173,750 | Few sales | $1,102,500 | High-balance | 14.3 |
| Green Lake | $1,165,000 | $542,500 | $1,000,000 | High-balance | 14.2 |
| Roosevelt | $1,089,909 | Few sales | $1,008,108 | High-balance | 13.3 |
| Matthews Beach | $1,060,000 | Few sales | $1,052,500 | High-balance | 12.9 |
| University District | $972,418 | $455,875 | $812,500 | Conforming | 11.8 |
| Cedar Park | $948,738 | $482,475 | $750,500 | Conforming | 11.5 |
| Victory Heights | $943,750 | Few sales | $891,213 | Conforming | 11.5 |
| Maple Leaf | $928,750 | $350,750 | $853,630 | Conforming | 11.3 |
| Pinehurst | $911,238 | $352,500 | $648,975 | Conforming | 11.1 |
| Lake City | $897,488 | $431,250 | $832,500 | Conforming | 10.9 |
| North College Park | $872,500 | $455,000 | $677,500 | Conforming | 10.6 |
| Meadowbrook | $866,250 | Few sales | $855,000 | Conforming | 10.5 |
| Northgate | $847,631 | $380,000 | $733,750 | Conforming | 10.3 |
| Olympic Hills | $750,000 | $438,750 | $717,500 | Conforming | 9.1 |
| Haller Lake | $732,500 | $628,500 | $693,713 | Conforming | 8.9 |
Queen Anne and Magnolia
| Neighborhood | Median house | Median condo | All homes | Loan type, house, 20% down | Years to save 20% (house) |
|---|---|---|---|---|---|
| East Queen Anne | $1,880,500 | $531,553 | $1,058,601 | Jumbo | 22.9 |
| Magnolia | $1,477,000 | $495,000 | $1,223,750 | Jumbo | 18.0 |
| West Queen Anne | $1,473,626 | $517,500 | $1,085,000 | Jumbo | 17.9 |
| Queen Anne | $1,458,500 | $490,000 | $1,046,500 | Jumbo | 17.7 |
| Southeast Magnolia | $1,325,764 | $516,250 | $1,025,000 | High-balance | 16.1 |
| North Queen Anne | $1,307,500 | $371,250 | $1,157,575 | High-balance | 15.9 |
| Lawton Park | $1,190,000 | $484,000 | $891,725 | High-balance | 14.5 |
| Lower Queen Anne | Few sales | $466,250 | $515,000 | Condo market | n/a |
Central Seattle: Capitol Hill to Lake Washington
| Neighborhood | Median house | Median condo | All homes | Loan type, house, 20% down | Years to save 20% (house) |
|---|---|---|---|---|---|
| Madison Park | $3,247,500 | $891,250 | $2,036,250 | Jumbo | 39.5 |
| Denny-Blaine | $3,149,477 | Few sales | $3,149,118 | Jumbo | 38.3 |
| Broadway | $1,820,000 | $402,875 | $633,250 | Jumbo | 22.1 |
| Capitol Hill | $1,774,000 | $403,500 | $875,000 | Jumbo | 21.6 |
| Leschi | $1,553,750 | Few sales | $1,131,250 | Jumbo | 18.9 |
| Stevens | $1,540,000 | $412,238 | $1,287,270 | Jumbo | 18.7 |
| Montlake | $1,506,250 | Few sales | $1,491,250 | Jumbo | 18.3 |
| Madrona | $1,367,500 | Few sales | $1,290,000 | Jumbo | 16.6 |
| Mann | $995,917 | Few sales | $867,500 | Conforming | 12.1 |
| Minor | $969,125 | $500,000 | $844,988 | Conforming | 11.8 |
| Atlantic | $874,500 | $369,975 | $681,000 | Conforming | 10.6 |
| Eastlake | Few sales | $495,000 | $923,626 | Condo market | n/a |
Downtown condo neighborhoods
| Neighborhood | Median house | Median condo | All homes | Loan type, house, 20% down | Years to save 20% (house) |
|---|---|---|---|---|---|
| Pike Place Market | Few sales | $739,250 | $739,250 | Condo market | n/a |
| Denny Triangle | Few sales | $653,500 | $653,500 | Condo market | n/a |
| First Hill | Few sales | $475,988 | $475,988 | Condo market | n/a |
| Belltown | Few sales | $473,750 | $475,625 | Condo market | n/a |
| Westlake | Few sales | $440,000 | $440,000 | Condo market | n/a |
| International District | Few sales | $375,000 | $375,000 | Condo market | n/a |
Southeast Seattle: Beacon Hill to Rainier Beach
| Neighborhood | Median house | Median condo | All homes | Loan type, house, 20% down | Years to save 20% (house) |
|---|---|---|---|---|---|
| Mount Baker | $1,272,750 | Few sales | $873,881 | High-balance | 15.5 |
| Seward Park | $1,175,000 | Few sales | $1,081,988 | High-balance | 14.3 |
| Genesee | $950,000 | $716,500 | $885,000 | Conforming | 11.6 |
| North Beacon Hill | $813,684 | $390,000 | $705,750 | Conforming | 9.9 |
| Rainier Beach | $789,750 | Few sales | $767,500 | Conforming | 9.6 |
| Mid Beacon Hill | $788,750 | Few sales | $766,000 | Conforming | 9.6 |
| Columbia City | $777,500 | Few sales | $749,975 | Conforming | 9.5 |
| Brighton | $730,500 | Few sales | $689,488 | Conforming | 8.9 |
| Dunlap | $686,000 | Few sales | $650,500 | Conforming | 8.3 |
| Georgetown | $662,000 | Few sales | $598,750 | Conforming | 8.1 |
| South Beacon Hill | $650,000 | Few sales | $616,500 | Conforming | 7.9 |
| Rainier View | $613,700 | Few sales | $592,415 | Conforming | 7.5 |
| South Park | $524,000 | Few sales | $518,802 | Conforming | 6.4 |
West Seattle and Delridge
| Neighborhood | Median house | Median condo | All homes | Loan type, house, 20% down | Years to save 20% (house) |
|---|---|---|---|---|---|
| Fauntleroy | $1,381,250 | $716,000 | $1,200,000 | Jumbo | 16.8 |
| Alki Point | $1,220,000 | $853,748 | $1,109,000 | High-balance | 14.8 |
| Seaview | $1,165,000 | Few sales | $1,025,125 | High-balance | 14.2 |
| North Admiral | $1,151,750 | $604,250 | $1,026,109 | High-balance | 14.0 |
| Gatewood | $996,000 | $667,475 | $880,000 | Conforming | 12.1 |
| Fairmount Park | $912,925 | $419,988 | $707,550 | Conforming | 11.1 |
| North Delridge | $812,433 | Few sales | $752,500 | Conforming | 9.9 |
| Riverview | $799,950 | Few sales | $764,500 | Conforming | 9.7 |
| High Point | $770,000 | Few sales | $690,000 | Conforming | 9.4 |
| Arbor Heights | $749,000 | Few sales | $749,000 | Conforming | 9.1 |
| Roxhill | $714,475 | Few sales | $694,875 | Conforming | 8.7 |
| Highland Park | $705,738 | Few sales | $680,000 | Conforming | 8.6 |
| South Delridge | $647,950 | Few sales | $635,000 | Conforming | 7.9 |
Source: 12-month medians calculated from Redfin neighborhood housing-market data, October 2025 through September 2026. “Few sales” means fewer than 10 sales of that home type over 12 months. Neighborhood boundaries are Redfin’s. Loan type assumes a one-unit home and 20% down against 2026 FHFA limits; it is illustrative, not a loan offer.
Are Seattle Home Prices Falling?
Gently, and not everywhere. The 12-month median house price is down 2.5% from the previous 12 months, and condos are down 3.0%. House medians fell in 46 of the 78 neighborhoods and rose in 32.
Be careful with headline swings in any single neighborhood. When a neighborhood sells more condos one year and more houses the next, its all-homes median can jump or drop by 20% or more without any home changing value. That is why this report leads with house and condo medians separately. If you are watching one neighborhood, compare the same home type over the same 12 months.
For the countywide picture, including the Eastside and South King County, see my King County housing market 2026 report.
What the Jumbo Line Means for Your Seattle Home Search
Here is how I would use this report if I were buying.
- Find your neighborhood’s band first. If your target neighborhood is in the high-balance or jumbo band, ask your lender to quote both sides of the line before you tour. Sometimes a slightly larger down payment keeps the loan under $1,063,750.
- Know your cash to stay under the limit. On a $1,200,000 home, for example, you would need at least $136,250 down to keep the loan at the county limit. That is about 11.4% down. Illustrative only.
- Compare jumbo options side by side. Some jumbo programs allow 10% down for qualified buyers, and some buyers with RSU or stock income qualify more easily than they expect. My guides on 10% down jumbo loans and using RSU income to qualify cover both.
- Look one neighborhood over. The bands are often next door to each other. Sunset Hill and Ballard, Phinney Ridge and Greenwood, or Seward Park and Columbia City land on different sides of the line.
- Consider a condo or townhome. The median Seattle condo is about half the price of the median house. My Seattle condo financing guide covers what to check in the building before you offer.
Then run the numbers for your own price range in the Seattle mortgage calculator, or ask me to do it with you.
Method and Sources for This Seattle Home Price Report
- Prices: Redfin housing-market data by neighborhood and home type, pulled October 13, 2026. Each 12-month median is the median of Redfin’s monthly median sale prices from October 2025 through September 2026. Redfin’s monthly points are rolling three-month figures, so the result is a smoothed 12-month value.
- Change: the same 12-month median compared with October 2024 through September 2025.
- Coverage: 86 Seattle neighborhoods with at least 20 sales of all home types over 12 months. House and condo medians shown only with 10 or more sales of that type.
- Loan limits: FHFA 2026 conforming loan limits, $832,750 national baseline and $1,063,750 for King County, one-unit homes.
- Income: HUD fiscal year 2026 median family income, Seattle-Bellevue HUD Metro FMR Area, $164,400.
- Closing costs: 3%, the midpoint of the typical 2% to 4% King County range.
For reporters and bloggers
You are welcome to quote or chart this data with credit and a link: “Source: The Mortgage Reel, Seattle Home Prices by Neighborhood, Fall 2026.” For neighborhood cuts, the method, or an interview, contact Keith Akada at (206) 601-3426 or keith@mortgagereel.com.
This report is market education, not a loan offer or a rate quote. Loan type, down payment and eligibility depend on your credit, income, assets and the property, and all loans are subject to credit approval. Property tax and savings figures are estimates and are not tax or financial advice; talk to a tax professional about your situation.
Frequently Asked Questions: Seattle Home Prices by Neighborhood
What is the median home price in Seattle right now?
Over the 12 months through September 2026, the median Seattle house sold for $1,062,500 and the median condo for $518,750, based on Redfin data. Across all home types the median was $867,500, down 1.1% from the prior 12 months.
Which Seattle neighborhoods need a jumbo loan?
In 17 of 78 neighborhoods, the median house costs more than $1,329,687, so even a 20% down payment leaves a loan above King County’s $1,063,750 limit. They include Madison Park, Denny-Blaine, Laurelhurst, Windermere, View Ridge, Capitol Hill, Queen Anne, Magnolia, Montlake, Leschi, Madrona, Fauntleroy and Sunset Hill.
Which Seattle neighborhoods have the lowest house prices?
South Park ($524,000), Rainier View ($613,700), South Delridge ($647,950), South Beacon Hill ($650,000) and Georgetown ($662,000) had the lowest 12-month median house prices through September 2026. In 20 neighborhoods, all in South and Southeast Seattle, West Seattle and Delridge, or the far north end, the median house is under the $832,750 national baseline.
What is the conforming loan limit in Seattle for 2026?
The 2026 conforming loan limit for a one-unit home in King County, including Seattle, is $1,063,750. Loans between the $832,750 national baseline and that limit are called high-balance, and loans above it are jumbo. FHFA typically announces the next year’s limits in late November.
How much do I need to save to buy a house in Seattle?
A 20% down payment on the median Seattle house is $212,500, plus closing costs that typically run 2% to 4% of the price. Many loans allow less than 20% down for qualified buyers, such as 3% to 5% for conventional loans and 3.5% for FHA, so the amount you need depends on the loan you choose. These figures are illustrative.
How often is this Seattle home price report updated?
Every quarter, in January, April, July and October, using the latest 12 months of Redfin data. The loan-limit tables update when FHFA publishes new limits each November.
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Keith Akada, NMLS #112443, The Mortgage Reel
Phone: (206) 601-3426
Email: keith@mortgagereel.com
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More from me: the Seattle neighborhood mortgage guide, financing a home in Seattle, the King County loan limit for 2026, jumbo home loans, conventional home loans, and my work as a Seattle mortgage broker at Fairway.