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Highest Home Value in Washington

Top 100 cities ranked by highest home value

Highest Home Value — Washington

1 Mercer Island $1,884,200
2 Sammamish $1,240,300
3 Bellevue $1,203,100
5 Cottage Lake $1,164,000
6 Newcastle $1,128,200
7 Redmond $1,091,700
8 Bainbridge Island $1,076,200
9 Bothell East $1,047,300
10 Woodinville $1,032,900
11 Kirkland $1,022,500
12 Normandy Park $943,500
13 Issaquah $934,100
14 North Bend $933,700
15 Lake Forest Park $928,700
16 Snoqualmie $919,300
17 Maltby $914,800
18 Seattle $912,100
19 Hobart $893,700
20 Bothell $871,300
21 Kenmore $869,800
22 Edmonds $840,200
23 Mill Creek East $840,100
24 Mill Creek $836,300
25 Mukilteo $830,000
26 Brier $824,500
27 Wollochet $819,900
28 Silver Firs $791,700
29 Black Diamond $776,400
30 Shoreline $759,400
31 Duvall $758,100
32 Bothell West $757,700
33 Picnic Point $747,600
34 Martha Lake $725,400
35 Woods Creek $724,400
36 Vashon $717,700
37 Artondale $714,000
38 Tehaleh $710,700
39 East Renton Highlands $709,300
40 Eastmont $696,800
41 Lake Tapps $693,300
42 Gig Harbor $686,000
43 Maple Valley $672,000
44 Lake Goodwin $670,200
45 Edgewood $664,000
46 Hockinson $661,900
47 Lake Morton-Berrydale $661,400
49 Maplewood $657,400
50 Camas $656,100
51 Alderwood Manor $651,300
52 Anacortes $647,700
53 Felida $643,600
54 Lynnwood $635,800
55 Renton $631,400
56 Bryn Mawr-Skyway $622,000
57 Burien $609,300
58 Mountlake Terrace $606,100
59 Camano $600,300
60 Snohomish $599,600
61 Barberton $598,500
62 Lake Stickney $598,400
63 Steilacoom $594,600
64 Monroe $594,300
65 Lake Stevens $593,900
66 White Center $591,500
67 Ridgefield $590,200
68 Covington $590,100
69 University Place $578,100
70 Bellingham $577,400
71 Poulsbo $574,900
72 North Lynnwood $565,000
73 Bonney Lake $558,900
74 Lake Shore $557,200
75 Fircrest $554,600
76 DuPont $550,200
77 Stanwood $547,400
78 Lynden $546,400
79 Des Moines $539,800
80 Kent $537,500
81 Everett $532,300
82 Lakeland South $530,900
83 Mount Vista $526,200
84 Marysville $521,500
85 Milton $511,000
86 Auburn $510,400
87 Silverdale $507,600
88 Puyallup $507,000
89 Buckley $506,400
90 Liberty Lake $506,000
91 Port Townsend $502,500
92 Lakeland North $501,600
93 Blaine $500,600
94 Federal Way $499,600
95 Enumclaw $498,700
96 Salmon Creek $497,000
97 South Hill $493,800
98 Arlington $492,600
99 Ferndale $492,400
100 Washougal $492,100

The most expensive housing markets in Washington reflect areas of high demand, limited supply, and strong local economies. Mercer Island leads with a median home value of $1,884,200. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Mercer Island costs $1,884,200 — 5.4x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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