Is Tukwila, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Tukwila is a seller's market


Difference Since January 2023

Since last year, Tukwila has remained a Seller's Market.

Key Takeaway

Tukwila is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tukwila, WA

How much do homes in Tukwila, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Tukwila have sold for 8.5% less than they did a year ago.

Summary: The median home sold price in Tukwila was $527,250 in January 2024, down 8.5% from last year, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $209.6K$324.7K
2 $355K$353K
3 $605K$595K
4 $730K$653.7K
5+ $875K$800K

Summary: Tukwila housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.9%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Cities


Housing Supply in Tukwila, WA

How many homes are available in Tukwila, WA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Tukwila real estate market had 26 homes for sale in January 2024, a 4.0% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 11
2 109
3 46
4 75
5+ 35

Summary: The Tukwila housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tukwila, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Tukwila in January 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Tukwila, WA

How long does it take to sell a home in Tukwila, WA?

Average Sale Time

Jan 2023Jan 2024CHANGE
51 Days28 Days-44.1%

Summary: Homes in Tukwila had an average of 28 days on market in Jan 2024, down by 44.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tukwila are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 5 homes were sold in Tukwila; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Tukwila, WA

Nearby Markets to Tukwila, WA

What housing markets are near Tukwila, WA?