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Home buyers planning a purchase in the Seattle metro area have a lot of options when it comes to price, property types, and local attractions. Today, we’ll examine the differences between two major cities in the area — Seattle and Sammamish.
Seattle is the largest city in the state of Washington and is located in the Pacific Northwest region. Niche.com named Seattle the best city in America for outdoor activities, and the 13th best city to live in overall. So there’s a lot to like.
Sammamish, Washington is a city located east of Lake Sammamish and just outside of Seattle proper. In 2022, WalletHub ranked it as one of the best small cities in America.
Seattle and Sammamish, Washington both fall within the same metropolitan area. But there are significant differences in home prices, depending on the specific neighborhood where you choose to buy.
According to Zillow, as of November 2022, the median home value in Seattle was around $930,000. During that same time, the median value in Sammamish stood at around $1.6 million.
So clearly, the Sammamish real estate market is the more expensive of the two. Just bear in mind that these are median prices, which represent the midpoint for the entire market. There is much more diversity of home prices in Seattle depending on which neighborhood you are looking to buy. The median home price in Madison Park or Queen Ann is going to be much different than the median home price in South Seattle or Ballard. Sammamish on the other hand won’t have as much variance depending on what part of the city you are searching. Both cities will have home significantly higher and lower than the median to choose from.
We encourage home buyers to conduct extensive research into these and other Seattle-area locales. When deciding whether to buy a home in Seattle or Sammamish, you’ll need to consider your housing budget, location preferences, commuting, and the specific type of home you want. You can use tools like Zillow or Redfin to get an idea of current home prices in specific neighborhoods.
Need a mortgage loan? Sammamish Mortgage has served home buyers and homeowners in the Pacific Northwest since 1992. We are a family-owned and operated company dedicated to helping buyers get the best possible loan with a great rate. Please contact us if you have financing questions or would like to apply for a loan.
Whether you’re buying a home or ready to refinance, our professionals can help.
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No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.