What is the cost of living in Seattle?

The cost of living in the Seattle area, particularly when looking at housing, is high. The median listing price for a home in the Seattle-Tacoma-Bellevue area is $749,970 right now. This price has stayed about the same month-over-month, but it's a little lower than it was last year, down 2.4%.

The cost of living in Seattle is high, especially for housing. The typical home costs $775,000 right now. This is a bit lower than last month and last year. There are 12,278 homes for sale, which is a lot more than last year. Even with more homes available, they are still selling for a high price per square foot—around $438. It takes about 44 days for a home to sell once it's listed. This is a bit longer than last year, meaning homes aren't flying off the market as quickly. About 23% of homes have dropped their prices. This means some sellers are adjusting their expectations to attract buyers. For anyone looking to buy or sell, be prepared for a competitive market where homes stay on the market a little longer, but prices remain high.