Cities with the most expensive homes in Washington

Written by:
March 3, 2021
realtor.com

Cities with the most expensive homes in Washington

Buying a home is an investment—and an increasingly expensive one. The median value of a home in the United States today is more than a quarter of a million dollars with a mortgage, and $167,000 without one. Meanwhile, the median monthly housing cost for a home with a mortgage is $1,558 and $490 without a mortgage.

Stacker compiled a list of cities with the most expensive homes in Washington using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of January 2021. Listings and images are from realtor.com.

Home buyers have a lot to consider when house-hunting or looking to invest in rental properties, from the state of the housing market itself to taxes and potential resale value. The housing market grew robust and pricey in the decade following the 2008 recession, and more recently saw a boom during the coronavirus pandemic. Another consideration is the house itself, including what kind of upkeep it requires and those associated costs. Depreciation affects all homes at an average rate of 3.636% each year, which can be a help come tax season if you use your home for business or rentals but may cost you later in capital gains taxes when you sell. Meanwhile, land value tends to increase over time depending on several factors including where the house is located and what amenities and homes are nearby. More desirable neighborhoods allow sellers to charge more; the mantra "location, location, location" has never been more relevant.

Do you live in the area with the most expensive real estate market in your state? Keep reading to find out.

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#30. Mill Creek

- Typical home value: $692,510
- 1 year home value change: +13.9%
- 10 year home value change: +103.2%
- #784 most expensive city nationwide

- Pictured: 14904 16th Ave SE, Mill Creek ($1.4 million, 5 bedrooms)
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#29. Mukilteo

- Typical home value: $696,303
- 1 year home value change: +12.5%
- 10 year home value change: +91.9%
- #774 most expensive city nationwide

- Pictured: 6020 96th St SW, Mukilteo ($2.2 million, 4 bedrooms)
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#28. Edmonds

- Typical home value: $714,046
- 1 year home value change: +13.8%
- 10 year home value change: +111.4%
- #725 most expensive city nationwide

- Pictured: 6815 147th St SW, Edmonds ($3.2 million, 5 bedrooms)
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#27. Duvall

- Typical home value: $715,465
- 1 year home value change: +10.0%
- 10 year home value change: +94.3%
- #719 most expensive city nationwide

- Pictured: 15717 278th Ave NE, Duvall ($925,000, 4 bedrooms)
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#26. Brier

- Typical home value: $715,971
- 1 year home value change: +16.3%
- 10 year home value change: +115.3%
- #717 most expensive city nationwide

- Pictured: 2524 216th Pl SW, Brier ($1.4 million, 5 bedrooms)
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#25. Bothell

- Typical home value: $736,428
- 1 year home value change: +13.3%
- 10 year home value change: +116.2%
- #672 most expensive city nationwide

- Pictured: 18804 101st Ave NE, Bothell ($2.0 million, 5 bedrooms)
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#24. Vashon

- Typical home value: $736,970
- 1 year home value change: +10.8%
- 10 year home value change: +70.9%
- #671 most expensive city nationwide

- Pictured: 22744 Wax Orchard Rd SW, Vashon ($8.6 million, None bedrooms)
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#23. Carnation

- Typical home value: $742,196
- 1 year home value change: +11.8%
- 10 year home value change: +87.5%
- #656 most expensive city nationwide

- Pictured: 6708 Tolt Highlands Rd NE, Carnation ($2.8 million, 4 bedrooms)
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#22. Kenmore

- Typical home value: $777,526
- 1 year home value change: +12.5%
- 10 year home value change: +114.1%
- #584 most expensive city nationwide

- Pictured: 16214 81st Pl NE Lot 3, Kenmore ($1.8 million, 6 bedrooms)
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#21. Fox Island

- Typical home value: $780,876
- 1 year home value change: +12.7%
- 10 year home value change: +71.4%
- #577 most expensive city nationwide

- Pictured: 217 Bella Bella Dr, Fox Island ($3.0 million, 4 bedrooms)
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#20. Lake Forest Park

- Typical home value: $783,064
- 1 year home value change: +12.3%
- 10 year home value change: +105.6%
- #572 most expensive city nationwide

- Pictured: 16011 41st Ave NE, Lake Forest Park ($1.7 million, 4 bedrooms)
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#19. Snoqualmie

- Typical home value: $791,036
- 1 year home value change: +11.5%
- 10 year home value change: +97.8%
- #548 most expensive city nationwide

- Pictured: 34612 SE Leitz St, Snoqualmie ($1.2 million, 5 bedrooms)
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#18. Seattle

- Typical home value: $813,154
- 1 year home value change: +8.7%
- 10 year home value change: +107.7%
- #503 most expensive city nationwide

- Pictured: 1526 Lakeside Ave S, Seattle ($12.4 million, 4 bedrooms)
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#17. Normandy Park

- Typical home value: $817,920
- 1 year home value change: +11.3%
- 10 year home value change: +83.3%
- #500 most expensive city nationwide

- Pictured: 18505 Normandy Ter SW, Normandy Park ($3.8 million, 5 bedrooms)
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#16. Fall City

- Typical home value: $819,549
- 1 year home value change: +14.2%
- 10 year home value change: +98.5%
- #499 most expensive city nationwide

- Pictured: 32750 SE 46th Ln, Fall City ($2.8 million, 5 bedrooms)
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#15. Issaquah

- Typical home value: $836,275
- 1 year home value change: +11.5%
- 10 year home value change: +104.6%
- #480 most expensive city nationwide

- Pictured: 18884 SE 42nd St, Issaquah ($12.0 million, 6 bedrooms)
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#14. Kirkland

- Typical home value: $879,961
- 1 year home value change: +12.3%
- 10 year home value change: +126.9%
- #422 most expensive city nationwide

- Pictured: 6427 Lake Washington Blvd NE, Kirkland ($7.4 million, 4 bedrooms)
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#13. Newcastle

- Typical home value: $926,644
- 1 year home value change: +9.4%
- 10 year home value change: +98.3%
- #379 most expensive city nationwide

- Pictured: 6457 Lake Washington Blvd SE, Newcastle ($3.3 million, 5 bedrooms)
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#12. Woodinville

- Typical home value: $933,366
- 1 year home value change: +12.2%
- 10 year home value change: +100.2%
- #376 most expensive city nationwide

- Pictured: 14224 168th Ave NE, Woodinville ($8.5 million, 6 bedrooms)
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#11. Bainbridge Island

- Typical home value: $951,078
- 1 year home value change: +12.8%
- 10 year home value change: +83.8%
- #356 most expensive city nationwide

- Pictured: 10000 NE Kitsap St, Bainbridge Island ($9.8 million, 4 bedrooms)
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#10. Redmond

- Typical home value: $975,085
- 1 year home value change: +11.2%
- 10 year home value change: +115.3%
- #343 most expensive city nationwide

- Pictured: 18207 NE 136th St, Redmond ($4.9 million, 8 bedrooms)
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#9. Sammamish

- Typical home value: $1.1 million
- 1 year home value change: +12.0%
- 10 year home value change: +106.1%
- #280 most expensive city nationwide

- Pictured: 4121 198th Ct NE, Sammamish ($4.8 million, 5 bedrooms)
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#8. Bellevue

- Typical home value: $1.1 million
- 1 year home value change: +10.9%
- 10 year home value change: +125.6%
- #276 most expensive city nationwide

- Pictured: 8720 Undisclosed, Bellevue ($14.0 million, 5 bedrooms)
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#7. Woodway

- Typical home value: $1.7 million
- 1 year home value change: +11.2%
- 10 year home value change: +100.4%
- #105 most expensive city nationwide

- Pictured: 11203 Whitcomb Pl, Woodway ($2.8 million, 4 bedrooms)
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#6. Mercer Island

- Typical home value: $1.8 million
- 1 year home value change: +7.2%
- 10 year home value change: +100.7%
- #93 most expensive city nationwide

- Pictured: 5330 Butterworth Rd, Mercer Island ($17.8 million, 5 bedrooms)
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#5. Beaux Arts Village

- Typical home value: $2.3 million
- 1 year home value change: +12.5%
- 10 year home value change: +101.0%
- #54 most expensive city nationwide

- Pictured: 2808 107th Ave SE, Beaux Arts ($2.3 million, 5 bedrooms)
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#4. Clyde Hill

- Typical home value: $3.1 million
- 1 year home value change: +9.3%
- 10 year home value change: +128.9%
- #31 most expensive city nationwide

- Pictured: 9226 NE 20th St, Clyde Hill ($9.8 million, 5 bedrooms)
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#3. Yarrow Point

- Typical home value: $3.2 million
- 1 year home value change: +10.0%
- 10 year home value change: +115.4%
- #25 most expensive city nationwide

- Pictured: 4039 95th Ave NE, Yarrow Point ($5.6 million, 5 bedrooms)
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#2. Medina

- Typical home value: $3.2 million
- 1 year home value change: +10.4%
- 10 year home value change: +123.2%
- #24 most expensive city nationwide

- Pictured: 10262021 Undisclosed, Medina ($22.5 million, 4 bedrooms)
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#1. Hunts Point

- Typical home value: $6.3 million
- 1 year home value change: +12.2%
- 10 year home value change: +110.6%
- #2 most expensive city nationwide

- Pictured: 3200 80th Ave NE, Hunts Point ($7.6 million, 3 bedrooms)

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