How do Seattle home prices compare by neighborhood?
Seattle home prices by neighborhood ranged from an average of $1,013,920 in Ballard/Green Lake to $1,492,021 in Central Seattle in October 2026. Central Seattle rose 19.5 percent from October 2025, Queen Anne/Magnolia rose 9.2 percent and North Seattle rose 8.4 percent. Ballard/Green Lake was the only one of the four to decline, down 9.9 percent.
If you follow Seattle home prices by neighborhood, October brought a clear split. The Northwest MLS divides the city into market areas, and these four moved very differently compared with a year ago.
| NWMLS area | Neighborhoods include | Average sale price, Oct 2026 | Change from Oct 2025 |
|---|---|---|---|
| 390: Central Seattle | Madrona, Madison Park, Leschi | $1,492,021 | +19.5% |
| 700: Queen Anne/Magnolia | Queen Anne, Magnolia | $1,359,885 | +9.2% |
| 710: North Seattle | Laurelhurst, Wedgwood, Ravenna | $1,219,759 | +8.4% |
| 705: Ballard/Green Lake | Ballard, Green Lake, Greenwood | $1,013,920 | -9.9% |
That is a gap of nearly $480,000 between the highest and lowest of the four. MLS area names can be hard to place if you do not live here, so here is what each one covers.
What each Seattle market area covers
Central Seattle: Madrona, Madison Park and Leschi
This is the Lake Washington side of central Seattle, close to downtown. Central Seattle posted the highest average price of the four at $1,492,021, and the largest gain at 19.5 percent.
Queen Anne and Magnolia
Area 700 pairs Queen Anne’s hilltop views and walkable avenues with Magnolia’s quieter streets near Discovery Park. The average sale price was $1,359,885, up 9.2 percent.
Wondering what these numbers mean for your home? An area average cannot answer that alone, but your street, your home and the sales around it can. Request a private real estate strategy session and we will walk through it together.
North Seattle: Laurelhurst, Wedgwood and Ravenna
North Seattle runs from Laurelhurst’s Lake Washington shoreline through the established streets of Wedgwood and Ravenna. The average sale price was $1,219,759, up 8.4 percent.
Ballard and Green Lake
Area 705 includes Ballard, Green Lake and Greenwood, three neighborhoods I know well, having lived in Greenwood myself. The average sale price was $1,013,920, down 9.9 percent. It is the only decline among these four areas, and the average still sits above $1 million.
What Seattle home prices mean for your next move
An area average describes the homes that sold during that month, not every home in the area. A change in the mix of sales can move the number, so your home may not follow the headline.
If you are selling, price from the closest recent sales. If you are buying, use these numbers to compare areas, then look closely at the specific streets you love. Every situation is different, and results vary by neighborhood.
The 2026 Seattle housing outlook covers the wider market, and if you are weighing a commute, buying near light rail in Seattle is a helpful next read.
Frequently asked questions
Which Seattle market area had the highest average sale price in October 2026?
Of these four NWMLS areas, Central Seattle was highest at $1,492,021, up 19.5 percent from October 2025. Queen Anne/Magnolia followed at $1,359,885.
What neighborhoods are in Central Seattle?
NWMLS Area 390, Central Seattle, includes Madrona, Madison Park and Leschi, among others.
Does a 19.5 percent increase mean my home gained 19.5 percent?
No. An area average reflects the homes that sold in that period. Your home’s value depends on your street, its condition and nearby sales.
Your street matters more than the headline
Seattle home prices by neighborhood give you a useful starting point, and the right move depends on what is happening closest to your front door. I would be glad to walk you through the numbers for your home, with no pressure and no rush.
Ready to talk through your next move? Request a private real estate strategy session with Alina Araujo, Real Estate Advisor at Windermere Real Estate. Serving Bothell, Kenmore, Woodinville, Kirkland, and Greater Seattle.
About Alina Araujo
Alina Araujo is a Real Estate Advisor at Windermere Real Estate/East in Kirkland, Washington, serving Bothell, Kenmore, Woodinville, Kirkland, and North Seattle. With 14 years of experience, more than 200 homes sold and a background in mortgage lending and hospitality, she brings a unique combination of empathy, strategy, and local expertise to every transaction. Alina is fluent in English, Spanish, and Russian and is a Certified Luxury Home Marketing Specialist, Relocation Specialist, and Master Certified Negotiation Expert. Reach her at (206) 353-2290 or alinaaraujo.com.
