West Seattle, Seattle, WA—98126
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Seattle, Seattle, WA
As of Nov '25, the median home price in West Seattle, Seattle, WA is $748,000, with a year-over-year change of -1.8%. This indicates that home prices in West Seattle, Seattle, WA are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $748,000 | -1.8% |
| Single Family | $772,000 | -2.2% |
| Condos | $458,000 | -5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $364,000 | -3.2% |
2 Bed | $626,000 | -1.3% |
3 Bed | $787,000 | -2.1% |
4 Bed | $969,000 | -1.8% |
| 5 Bed | $1,103,706 | -1.5% |
% of Housing Stock
Rental Trends — West Seattle, Seattle, WA
As of July '25, Rentcast reports the average rent in West Seattle, Seattle, WA is $2,490, with a year-over-year rent change of -11.1%. Per bedroom, the median rent as of July '25 in West Seattle, Seattle, WA is studios: $1,390, 1-bedrooms: $1,790, 2-bedrooms: $2,850, 3-bedrooms: $3,440, 4-bedrooms: $4,960. The most common rental property sizes in West Seattle, Seattle, WA are 1-bedroom and 2-bedroom, accounting for 41.2% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,490 |
| Studio Rent | $1,340 | $1,390 |
| 1 Bed Rent | $1,500 | $1,790 |
| 2 Bed Rent | $2,450 | $2,850 |
| 3 Bed Rent | $3,350 | $3,440 |
| 4 Bed Rent | $4,950 | $4,960 |
% of Rental Stock
Property Listings — West Seattle, Seattle, WA
As of Nov '25, Realtor.com reports that the median days on market for a home in West Seattle, Seattle, WA is 58. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $727,000 | 3.0% |
Listing Count | 72 | 18.0% |
| Listings as % of Homes | 0.3% | 18.0% |
Days on Market | 58 | 7.0% |
Demographics — West Seattle, Seattle, WA
As of the latest ACS Survey released in 2023, West Seattle, Seattle, WA has a population of 22,400, which has decreased by -7.8% over the past 5 years. West Seattle, Seattle, WA is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 59.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 36.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | -7.8% |
% Under 18 | 20.8% | -7.1% |
% Seniors | 12.7% | 0.8% |
% WFH | 36.1% | 581.1% |
% w/ College Degree | 59.8% | 14.3% |
As of the latest ACS Survey released in 2023, West Seattle, Seattle, WA is a predominantly white area, with 60.9% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in West Seattle, Seattle, WA is black, making up 13.4% of the population. Foreign-born residents account for 15.9% of the population in West Seattle, Seattle, WA, and this percentage has decreased by 3.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 60.9% | -3.8% |
% Black | 13.4% | 22.9% |
% Hispanic | 7.9% | 12.9% |
% Asian | 9.7% | -24.8% |
% Foreign Born | 15.9% | -3.6% |
Mortgage and Risk — West Seattle, Seattle, WA
According to HUD data as of 2023, there were 349 mortgage originations in West Seattle, Seattle, WA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in West Seattle, Seattle, WA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 349 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Rentals and Section 8 — West Seattle, Seattle, WA
As of 2024, the percent of homes in West Seattle, Seattle, WA under the Section 8 program is 13.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in West Seattle, Seattle, WA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,049 |
Total Units Section 8 | 497 |
% Rentals under Section 8 | 13.3% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $550 | $1,500 | $2,050 |
| 2 Bedroom | -$60 | $2,450 | $2,390 |
| 3 Bedroom | -$190 | $3,350 | $3,160 |
| 4 Bedroom | -$1,270 | $4,950 | $3,680 |
Affordability — West Seattle, Seattle, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $748,000 |
| Median Household Income | $114,000 |