HomeRule

Cost of homeownership in Washington

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$361,767
Avg property tax
$2,867
Homeownership rate
70.5%
1yr appreciation
2.2%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.King County$761,500
  2. 2.San Juan County$673,700
  3. 3.Snohomish County$592,800
  4. 4.Island County$480,800
  5. 5.Whatcom County$475,000
  6. 6.Kitsap County$463,000
  7. 7.Clark County$453,200
  8. 8.Jefferson County$449,300
  9. 9.Pierce County$444,600
  10. 10.Skagit County$444,300

Most affordable counties

  1. 1.Lincoln County14.5%
  2. 2.Pend Oreille County14.8%
  3. 3.Wahkiakum County14.8%
  4. 4.Klickitat County14.9%
  5. 5.Whitman County15.5%
  6. 6.Ferry County15.6%
  7. 7.Stevens County16.0%
  8. 8.Benton County16.2%
  9. 9.Asotin County16.2%
  10. 10.Garfield County16.2%
Avg electricity
13.1¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,416

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Washington

Frequently asked questions

How much does it cost to own a home in Washington?

Based on Census ACS, the state average home value in Washington is $361,767, with median annual property tax around $2,867. Your actual cost depends on county and property.

What is the property tax in Washington?

Property tax rates vary by county. Washington's state average sits at roughly $2,867 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Washington?

FHFA House Price Index data shows Washington appreciating 2.2% over the last year and 34.2% over the last five years.

Is homeownership high in Washington?

Washington's homeownership rate is 70.5% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.