Cities with the fastest growing home prices in Seattle metro area

Written by:
September 29, 2022
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Cities with the fastest growing home prices in Seattle metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Seattle-Tacoma-Bellevue, WA metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 98 cities and towns in Seattle.

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Stacker

#30. Mukilteo, Washington

- 1-year price change: +$110,045 (+13.6%)
- 5-year price change: +$382,979 (+71.5%)
- Typical home value: $918,854 (#31 most expensive city in metro)
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#29. Ravensdale, Washington

- 1-year price change: +$117,158 (+15.2%)
- 5-year price change: +$366,381 (+70.1%)
- Typical home value: $889,186 (#32 most expensive city in metro)
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#28. Brier, Washington

- 1-year price change: +$124,606 (+14.8%)
- 5-year price change: +$422,997 (+77.9%)
- Typical home value: $965,678 (#26 most expensive city in metro)
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#27. Maple Valley, Washington

- 1-year price change: +$127,100 (+18.4%)
- 5-year price change: +$346,083 (+73.2%)
- Typical home value: $819,087 (#34 most expensive city in metro)
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#26. Black Diamond, Washington

- 1-year price change: +$129,163 (+20.3%)
- 5-year price change: +$315,282 (+70.0%)
- Typical home value: $765,529 (#37 most expensive city in metro)

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#25. Snohomish, Washington

- 1-year price change: +$129,947 (+16.1%)
- 5-year price change: +$427,460 (+84.0%)
- Typical home value: $936,130 (#28 most expensive city in metro)
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#24. Lake Forest Park, Washington

- 1-year price change: +$140,130 (+15.8%)
- 5-year price change: +$383,703 (+59.6%)
- Typical home value: $1,027,819 (#20 most expensive city in metro)
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#23. Carnation, Washington

- 1-year price change: +$141,547 (+16.3%)
- 5-year price change: +$416,548 (+70.0%)
- Typical home value: $1,011,912 (#21 most expensive city in metro)
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#22. Fox Island, Washington

- 1-year price change: +$146,952 (+16.7%)
- 5-year price change: +$455,501 (+79.4%)
- Typical home value: $1,029,151 (#19 most expensive city in metro)
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#21. North Bend, Washington

- 1-year price change: +$154,408 (+19.0%)
- 5-year price change: +$414,876 (+75.3%)
- Typical home value: $965,849 (#25 most expensive city in metro)

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#20. Duvall, Washington

- 1-year price change: +$159,719 (+18.8%)
- 5-year price change: +$416,400 (+70.2%)
- Typical home value: $1,009,828 (#22 most expensive city in metro)
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#19. Mill Creek, Washington

- 1-year price change: +$161,535 (+19.6%)
- 5-year price change: +$459,024 (+87.2%)
- Typical home value: $985,611 (#24 most expensive city in metro)
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#18. Kenmore, Washington

- 1-year price change: +$173,985 (+19.4%)
- 5-year price change: +$434,083 (+68.0%)
- Typical home value: $1,072,005 (#17 most expensive city in metro)
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#17. Bothell, Washington

- 1-year price change: +$175,117 (+20.2%)
- 5-year price change: +$479,354 (+85.3%)
- Typical home value: $1,041,421 (#18 most expensive city in metro)
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#16. Fall City, Washington

- 1-year price change: +$180,862 (+18.2%)
- 5-year price change: +$514,767 (+77.9%)
- Typical home value: $1,175,402 (#15 most expensive city in metro)

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#15. Snoqualmie, Washington

- 1-year price change: +$190,777 (+20.3%)
- 5-year price change: +$477,946 (+73.2%)
- Typical home value: $1,131,037 (#16 most expensive city in metro)
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#14. Issaquah, Washington

- 1-year price change: +$207,184 (+20.8%)
- 5-year price change: +$483,609 (+67.3%)
- Typical home value: $1,202,238 (#14 most expensive city in metro)
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#13. Kirkland, Washington

- 1-year price change: +$223,514 (+21.7%)
- 5-year price change: +$530,807 (+73.6%)
- Typical home value: $1,251,899 (#13 most expensive city in metro)
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#12. Redmond, Washington

- 1-year price change: +$255,831 (+21.7%)
- 5-year price change: +$618,969 (+75.7%)
- Typical home value: $1,436,933 (#10 most expensive city in metro)
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#11. Woodway, Washington

- 1-year price change: +$263,631 (+13.7%)
- 5-year price change: +$879,681 (+67.4%)
- Typical home value: $2,185,442 (#7 most expensive city in metro)

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#10. Woodinville, Washington

- 1-year price change: +$271,544 (+24.2%)
- 5-year price change: +$616,883 (+79.4%)
- Typical home value: $1,394,020 (#12 most expensive city in metro)
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#9. Newcastle, Washington

- 1-year price change: +$277,446 (+24.7%)
- 5-year price change: +$582,466 (+71.3%)
- Typical home value: $1,399,806 (#11 most expensive city in metro)
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#8. Bellevue, Washington

- 1-year price change: +$282,552 (+22.2%)
- 5-year price change: +$651,580 (+72.3%)
- Typical home value: $1,553,304 (#9 most expensive city in metro)
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#7. Sammamish, Washington

- 1-year price change: +$352,509 (+26.6%)
- 5-year price change: +$754,028 (+81.5%)
- Typical home value: $1,678,922 (#8 most expensive city in metro)
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#6. Mercer Island, Washington

- 1-year price change: +$367,933 (+18.5%)
- 5-year price change: +$817,111 (+53.0%)
- Typical home value: $2,357,562 (#6 most expensive city in metro)

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#5. Beaux Arts Village, Washington

- 1-year price change: +$379,825 (+15.5%)
- 5-year price change: +$1,098,658 (+63.3%)
- Typical home value: $2,833,514 (#5 most expensive city in metro)
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#4. Yarrow Point, Washington

- 1-year price change: +$483,555 (+13.5%)
- 5-year price change: +$1,421,027 (+53.6%)
- Typical home value: $4,073,844 (#3 most expensive city in metro)
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#3. Clyde Hill, Washington

- 1-year price change: +$501,407 (+14.7%)
- 5-year price change: +$1,368,886 (+53.8%)
- Typical home value: $3,915,316 (#4 most expensive city in metro)
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#2. Medina, Washington

- 1-year price change: +$535,009 (+14.4%)
- 5-year price change: +$1,554,872 (+57.9%)
- Typical home value: $4,241,960 (#2 most expensive city in metro)
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#1. Hunts Point, Washington

- 1-year price change: +$1,069,215 (+15.9%)
- 5-year price change: +$3,054,841 (+64.4%)
- Typical home value: $7,800,609 (#1 most expensive city in metro)

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