🏡 Washington Real Estate Hotspots – A 2024 Recap
Curious where the priciest homes were sold last year? Or where buyers found the best bang for their buck? Let’s break down some highlights from the latest NWMLS market trends report.
📊 Source: NWMLS Market Trends Report
💰 Where Are Washington’s Most Expensive Homes?
No surprise here — the Eastside of Lake Washington continues to dominate when it comes to high-end real estate. Medina took the top spot for median sales price at over $4.5M, with Mercer Island and West Bellevue close behind. These areas remain hotspots for luxury living with limited inventory and major curb appeal.
Top 2024 High-End Markets:
| Zip Code | Area | Median Price | Sales |
|---|---|---|---|
| 98039 | Medina | $4,511,000 | 41 |
| 98040 | Mercer Island | $2,300,000 | 246 |
| 98004 | West Bellevue | $1,977,250 | 414 |
| 98075 | Sammamish/Issaquah | $1,899,000 | 316 |
| 98074 | Sammamish | $1,785,500 | 375 |
| 98006 | South Bellevue | $1,750,000 | 457 |
🔥 Most Homes Sold? Not Where You’d Think…
While the luxury zip codes command top dollar, they didn’t lead in total home sales. Lake Tapps topped the list with over 1,000 homes sold and a much more approachable median price of $675K. Other strong markets included Bothell, Marysville, and Redmond — all areas with great communities and more options for buyers.
Top Zip Codes for Total Home Sales:
| Zip Code | Area | Sales | Median Price |
|---|---|---|---|
| 98391 | Lake Tapps | 1,001 | $675,000 |
| 98012 | Bothell/Mill Creek | 935 | $975,000 |
| 98270 | Marysville | 877 | $660,000 |
| 98033 | Kirkland | 821 | $1,700,000 |
| 98258 | Lake Stevens | 734 | $750,000 |
🏗️ Where’s the New Construction Happening?
If you're hunting for a brand-new home, Marysville, Lake Tapps, and Port Orchard are leading the way. However, if you’re looking for new construction and luxury, Kirkland, Lynnwood, and Bothell offered new builds with prices topping $1M+.
Top Zip Codes for New Construction:
| Zip Code | Area | New Homes Sold | Median Price |
|---|---|---|---|
| 98270 | Marysville | 390 | $739,995 |
| 98391 | Lake Tapps | 318 | $743,016 |
| 98033 | Kirkland | 270 | $1,739,975 |
| 98012 | Bothell/Mill Creek | 173 | $1,059,995 |
🏡 Looking for a Deal?
Want to stretch your dollar? Rural communities like Deming, Lind, and Washtucna topped the list for lowest median home prices in 2024. Deming saw the most action, with over 100 sales at an average price of just $126K — but inventory in these areas is limited, so timing and flexibility are key!
Least Expensive Markets in WA:
| Zip Code | Area | Median Price | Sales |
|---|---|---|---|
| 98244 | Deming | $126,000 | 107 |
| 99341 | Lind | $130,000 | 9 |
| 99371 | Washtucna | $133,000 | 5 |
🏰 Biggest Homes in the State
If you’re all about space, West Bellevue and Medina are the places to be. Homes with 5,000+ sq. ft. sold for a whopping median of $5.7M and $8.9M respectively. These estates offer luxury living at its finest.
Top Zip Codes for Largest Homes (5,000+ sq. ft.):
| Zip Code | Area | Sales | Median Price |
|---|---|---|---|
| 98004 | West Bellevue | 46 | $5,752,500 |
| 98039 | Medina | 11 | $8,900,000 |
| 98040 | Mercer Island | 21 | $4,755,000 |
📬 Thinking about making a move this year — whether it’s upsizing, investing, or searching for a great first home? I’d love to help you strategize based on the latest market trends.
