How much down payment do I need in Seattle?

There aren't standard down payment amounts, but real estate pros often suggest 20% of a home's price. For a typical home in Seattle, that would be around $156,000. The median listing price in Seattle is $780,000. Twenty percent of that amount is $156,000. Prices are a bit lower than last year. The median listing price is down 2.4% from a year ago. The average listing price also dipped 1.0% over the last year. There are also more homes for sale. Active listings are up 21.0% compared to last year. However, fewer new homes are coming on the market, with new listings down 8.4% from a year ago. Homes are staying on the market longer, with the median home sitting for 36 days, which is 20% longer than last year. Also, 19.0% of homes have lowered their prices, up 2.7% from last year. For someone looking to buy, it's a good idea to talk to a lender to figure out what down payment works best for your situation.