09/14/2026
We wanted to share a few simple real estate statistics from the MLS in Washington State to provide perspective on how homeowners have built equity in their homes.
On January 1, 2023, the average home price across all counties served by the NWMLS was $635,280. As of August 31, 2026, that average has increased to $744,541—an appreciation of $109,261 over 44 months.
While this may seem modest compared with previous years, when homeowners sometimes gained $100,000 in equity in a single year, it still represents an average increase of approximately $2,483 per month.
For those who postponed buying a home while waiting for interest rates to decline, that missed appreciation can add up quickly. For some renters, the equity homeowners gained each month is comparable to their monthly rent—money that could have been building their own financial future.
If you’ve been waiting to purchase, now may be the right time to take the next step. Call Doug or Sara at Entry Real Estate today. We’d be happy to help guide you on your path to homeownership!
