Washington is a large west coast state with several real estate markets concentrated in 3 high-traffic areas. For instance, you’ll find the bulk of Washington’s real estate centers around King County. King County is home to Washington’s most popular city— Seattle. With 700,000 people as of 2019, Seattle offers a variety of homes for sale. In fact, Seattle’s real estate market is one of the largest in the Pacific Northwest and the state of Washington. But, despite its vastness, real estate here is expensive. Currently, the median home value in Seattle is $714,600 and the median sale price is $699,000.
Another area in Washington with a booming real estate market is Spokane County. Known for its mountain summit and Turnbull National Wildlife Refuge, Spokane is a nature lover’s haven. Homes in Spokane have a median sale price of $199,900. As a result, the real estate market here is gaining momentum due to this area’s current affordability. Moreover, the third booming market in Washington is Snohomish County—a place known for its suburban lifestyle. Snohomish’s largest city, Everett, has a median sale price of $456,340 and affordable homes starting at $385,000 are located in Marysville (a neighboring city in Snohomish County).
A large selection of homes are currently for sale in the state of Washington. In King County, you can purchase a home at the median sale price of $578,500. Of course, if you are looking in Seattle you will pay a little extra. For example, a 4-bedroom, 3-bath newly constructed townhouse with 2,081 square feet of living space in Seattle will cost you $590,000. For $699,999, a 4-bedroom, 4-bath stunningly remodeled home in Seattle can be yours. This particular house has spectacular views, beautiful wood floors, a marble fireplace, a wet bar in the great room, and a spacious backyard.
In Spokane County, the median listing price is $209,000. Presently, $250,000 will afford you a vintage 4-bed, 2-bath home with 2,446 square feet of living space. Built in 1917, this vintage home is well-maintained and offers an upgraded kitchen. Alternatively, within Snohomish County limits, a fully upgraded 3-bedroom, 3-bath home is on the market in Everett for $499,900. Situated in the cul-de-sac of a quaint suburb, this house has a gourmet kitchen, wall-to-wall windows in the great room, and a sizeable wood deck with black railing that overlooks a lush forest (on a clear day Mt. Baker is also visible).
You can also build a home from scratch instead of purchasing an existing home in Washington. With a plethora of land plots for sale in all three counties, anything is possible. What’s more, you can essentially name your price. For instance, a .54-acre lot off the beach in Burien is $170,000. If you prefer a more suburban area, 10.24 acres will cost you around $350,000. Land for sale in King County’s woodsier areas ranges from $45,000 for 2.6 acres in Maple Valley to $5,500,000 for 1.23 acres in Bellevue. Additionally, Seattle has land for sale starting in the low $200,000s.
On the lower end, starting at $25,000, Spokane has .5-acre plots for sale. Of course, depending on the acreage and topography, land here can easily cost you $5,000,000. The good news is there are plenty of available plots that fall somewhere between these two extremes. In Snohomish, you can find affordable acreage starting at $,4000 in Hat Island and other surrounding cities. Lastly, if you’re interested in purchasing land in Everett, .67 acres near the water will cost you $195,000. A mixed-use plot of land with .77 acres in Everett starts at $210,000, and 5 acres in Marysville is $275,000.