Seattle & Eastside Market Report
April 2026 · 18cities · Single-family homes only
Key Takeaways
ZHVI is down across all 18 Eastside cities
both year-over-year (-0.7% in Newcastle to -5.2% in Kirkland) and month-over-month (-0.59% to -1.05%). The typical-home-value index is softening broadly, but in tenths of a percent per month — drift, not a crash.
16 of 18 cities are still seller's markets even with that softening. Median days-on-market is 13 or fewer in 16 cities (only Newcastle at 19 and Woodinville at 21 run longer). Pricing pressure is coming from inventory and rate fatigue, not weak demand.
Lake Forest Park is the most competitive market in coverage
55% of homes sold above list with a 103.65% average sale-to-list ratio and a 5-day median DOM — more than 1.4× the next-highest reliable city (Edmonds at 37% above list).
Mountlake Terrace is where rate-sensitive buyers are concentrating
sales up 60% YoY and active listings up nearly 80% YoY at a $627K median — the lowest in our 18-city coverage.
30-year rates have climbed back to 6.51%
up 0.28 points in 4 weeks from a late-April 6.23% low, and 0.53 points off the Feb 26 cycle low of 5.98%. Anyone who waited past February now pays about $258/month more on a $750K loan.
Mortgage Rates
Freddie Mac PMMSRates are 0.38 points lower than a year ago. They peaked at 6.89% in May and bottomed at 5.98% in February. Buyers have modestly more purchasing power than last year.
Home Values
Zillow ZHVIZillow Home Value Index (ZHVI) estimates the value of a typical single-family home in each city — whether or not it sold. Based on the middle tier (33rd–67th percentile), excluding starter homes and luxury. Smoothed and updated monthly, not distorted by low sales volume.
| City | Typical Home Value | YoY |
|---|---|---|
| Mercer Island | $2.47M | -1.8% |
| Bellevue | $1.78M | -3.5% |
| Sammamish | $1.70M | -5.1% |
| Redmond | $1.57M | -3.3% |
| Newcastle | $1.53M | -0.7% |
| Kirkland | $1.46M | -5.2% |
| Woodinville | $1.45M | -2.8% |
| Issaquah | $1.40M | -2.1% |
| Kenmore | $1.12M | -4.3% |
| Bothell | $1.12M | -4.7% |
| Lake Forest Park | $1.09M | -2.6% |
| Brier | $1.01M | -2.6% |
| Edmonds | $1.00M | -1.9% |
| Seattle | $956K | -2.5% |
| Shoreline | $858K | -3.4% |
| Lynnwood | $827K | -2.8% |
| Renton | $808K | -2.3% |
| Mountlake Terrace | $735K | -2.4% |
12-Month Trends by Tier
Indexed to 100 at start — above 100 gained value, below 100 lost. Hover to highlight.
Premium
$1.5M+Mid-Range
$1M–1.5MAffordable
Under $1MMarket Activity
April 2026Actual single-family home sales from Redfin Data Center. Cities with fewer than 30 sales are flagged — their medians can swing wildly.
| City | Median | YoY | Sold | DOM |
|---|---|---|---|---|
| Lake Forest Park | $1.12M | -0.7% | 39 | 5 days — Fast |
| Mercer Island | $2.35M | -9.5% | 45 | 6 days — Fast |
| Sammamish | $1.61M | -3.9% | 171 | 6 days — Fast |
| Bellevue | $1.55M | -6.1% | 349 | 7 days — Fast |
| Edmonds | $1.05M | +13.2% | 135 | 7 days — Fast |
| Shoreline | $770K | -3.0% | 164 | 7 days — Fast |
| Brier* | $994K | -17.7% | 27 | 8 days — Fast |
| Mountlake Terrace | $627K | -15.3% | 51 | 8 days — Fast |
| Redmond | $1.38M | +6.5% | 137 | 10 days — Fast |
| Bothell | $950K | -17.8% | 131 | 10 days — Fast |
| Issaquah | $937K | -1.6% | 137 | 11 days — Fast |
| Seattle | $861K | -2.9% | 2202 | 11 days — Fast |
| Kenmore | $850K | -10.6% | 79 | 11 days — Fast |
| Renton | $686K | +0.1% | 227 | 11 days — Fast |
| Lynnwood | $720K | +5.8% | 71 | 12 days — Fast |
| Kirkland | $1.33M | -5.7% | 306 | 13 days — Moderate |
| Newcastle | $1.54M | -13.3% | 45 | 19 days — Moderate |
| Woodinville* | $1.25M | +1.9% | 25 | 21 days — Slow |
* Fewer than 30 SFH sales — median unreliable (row muted). YoY = year-over-year median price. MoS = months of supply. Click headers to sort.
What does this mean for your home?
Get a personalized market analysis for your neighborhood — whether you're buying, selling, or just curious.
Talk to Lan (opens in a new tab)