Washington Mortgage Rates & Home Prices (2026)
Median price: $575,000 · Avg. rate: 6.80%
Washington Market Overview
$575,000
Median Home Price
6.80%
Avg. 30-Yr Rate
0.98%
Property Tax Rate
63.4%
Homeownership Rate
Washington's Seattle metro is one of the most expensive markets in the country, fueled by tech industry salaries. No state income tax increases buying power. WSHFC offers up to $10,000 in DPA and competitive rates through the Home Advantage program.
Estimated Monthly Payment
Median home in Washington (20% down, 30-yr fixed)
$3,708/mo
Principal & Interest$2,999
Property Taxes$470
Home Insurance (est.)$240
Total Monthly (PITI)$3,708
Based on a $575,000 home with 20% down ($460,000 loan) at 6.80%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Washington
- WSHFC Home Advantage
- House Key Opportunity
- HomeChoice DPA
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: WA Rates
30-Year Fixed6.80%
15-Year Fixed6.02%
5/1 ARM (est.)6.05%
FHA 30-Year6.65%
VA 30-Year6.55%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: WA
FHA Loan Limit$977,500
Median Income$90,325
Cost Index1.28x