Why Seattle Remains One of the Nation’s Least Affordable Market
As of January 2026, the Seattle real estate market is experiencing notable fluctuations as it transitions from a seller's to a buyer's market. The median home price has decreased by approximately 3% compared to the previous year, signaling a shift in affordability and buying conditions. Buyers are finding more options available due to an increase in inventory, although well-priced homes still tend to sell quickly, often attracting multiple offers. The macroeconomic context includes rising interest rates that have begun to impact mortgage affordability. Although rates are still lower than historical norms, the gradual increase since early 2025 has led many…
