The King County real estate market in April 2026 showed signs of cooling, with declining home prices and increased inventory reshaping market dynamics. While buyer activity remained steady, longer selling timelines and fewer closed sales reflect a shift away from the highly competitive conditions seen in previous years.
Key Market Highlights
- Median home price dropped to $960,000 (-7.7%)
- Inventory increased 45.9% year over year
- New listings rose 23.2%, adding supply to the market
- Closed sales declined 4.8%
- Days on market increased to 22 days (+37.5%)
King County is experiencing a normalization phase, with rising inventory and softening prices creating more opportunities for buyers. While demand remains present, the market is clearly moving away from peak competitiveness toward a more balanced state.
