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This article is part of an ongoing series that examines some of the real estate markets in the Seattle metropolitan area. In previous reports, we’ve looked at places like Redmond, Kirkland, and Bellevue.
Buying a home requires careful consideration and plenty of research in order to make sure you’re making the right move. Today, we are setting our sights on the housing market in Bothell, Washington. This information will be useful to anyone planning to buy a home in Bothell, WA in 2026 and beyond.
At a glance: Bothell is a city of about 48,000 people that is located in both King and Snohomish counties. It falls within the Seattle metro area. As of January 2026, the median home value in Bothell was around $1,033,264, as per Zillow. That’s well above the statewide median, but still more affordable than Seattle.
Here are three things you should know if you’re thinking about buying a home in Bothell in 2026:
According to Zillow, the median home value in Bothell dipped to around $1,033,264 as of January 2026, as already mentioned. That was a slight dip of 0.6% over the same month a year earlier.
That said, experts anticipate that the prices for homes in Bothell will increase modestly throughout 2026.
Home buyers in Bothell should know that the current housing market is fairly tight, from an inventory standpoint. This is true across the broader Seattle metro area as well. In most of these markets, there just aren’t enough homes listed for sale to meet the demand from buyers.
Even though the amount of inventory has increased slightly, the demand continues to soar. As such, buyers are snatching up homes faster than the supply can keep up. Conditions are still tight by historical standards.
The real estate market in Bothell currently has about a 2-month supply of homes for sale. That’s much lower than what is considered to be a balanced market, which is anywhere between 5- to 6-months supply.
Bottom line: Those buying a home in Bothell in 2026 may notice that there may have tight inventory to choose from compared to those who purchased in the past.
As mentioned, despite the gradual increase in housing stock, the real estate market in Bothell is still highly competitive. The same could be said for nearly every city in the Seattle metro area. And here again, a lopsided supply-and-demand picture takes most of the credit.
According to Redfin, homes usually sell after receiving one offer and sell very close to listing price. Hot homes in the city can go pending in as little as 6 days. This indicates a very active and competitive housing market, where homes tend to go under contract fairly quickly. Multiple-offer scenarios are still a common occurrence as well.
The take-home message for home buyers: More homes are coming onto the market across the Seattle metro area, but it’s still a highly competitive real estate market in Bothell, due to tight supply conditions. Meanwhile, house values continue to climb. So buyers who are ready to move forward might want to do it sooner rather than later, to avoid higher costs.
Conforming loan limits and FHA loan limits in Washington State play an important role in shaping how buyers finance a home. Conforming loan limits set the maximum amount that can be borrowed while still qualifying for loans backed by Fannie Mae and Freddie Mac. FHA loan limits establish similar caps for government-insured FHA mortgages, which are often used by first-time buyers or those with smaller down payments.
These limits vary by county and are typically higher in more expensive areas, such as the Seattle metro region. Understanding these limits matters because they directly affect loan options, interest rates, and qualification standards. Loans that fall within conforming or FHA limits usually offer more favorable terms, including lower interest rates and more flexible underwriting.
Once a purchase price exceeds those limits, borrowers may need a jumbo loan, which often requires higher credit scores, larger down payments, and stronger financial reserves. By knowing current loan limits before shopping for a home, borrowers can set realistic price expectations, avoid financing surprises, and choose the mortgage program that best aligns with their financial situation.
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Disclaimer: This article includes real estate data, commentary, and forecasts for the Bothell, Washington real estate market. That information was gathered from third-party sources not associated with our company. We’ve presented it here as an educational service to our readers.
Are you thinking of buying a home in Bothell, WA, or just have some questions about mortgages? If so, Sammamish Mortgage is ready to help. We are a local, family-owned company based in Bellevue, Washington. We have been serving the entire state, including Colorado, Oregon, Idaho, Washington, and California since 1992 and have plenty of mortgage programs to offer. We also have handy online tools for borrowers, including our mortgage calculator. Please contact us if you have mortgage-related questions, want an instant rate quote. or want to get pre-approved for a home loan to get the process started!
Whether you’re buying a home or ready to refinance, our professionals can help.
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