Seattle home prices, June 2026
The monthly home-price refresh, from the two measures that disagree usefully. Case-Shiller put the Seattle index at 393.2 in June 2026, down 1.9% on the year. Zillow’s index valued the typical metro home at $727,359 in August 2026, down 1.5% on the year. They measure different things — Case-Shiller tracks repeat sales of the same homes and reports a three-month average two months late; Zillow values the entire housing stock monthly — so treat Case-Shiller as the shape and Zillow as the level.
The second chart shows the tier split, and it is the reason this post carries Case-Shiller at all: S&P divides the metro’s repeat sales into thirds by price, and the cheapest third has outrun the most expensive third for over a decade. That is what a supply shortage at the bottom of a market looks like, and no single headline index can show it.
Source: S&P CoreLogic Case-Shiller Seattle Home Price Indices, not seasonally adjusted, via FRED (SEXRNSA and the tier series). Auto-generated each build.