Waterfront Homes: Listing Data & Market Trends

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The Pacific Northwest is defined by its abundance of water, from the Pacific Ocean to Puget Sound, plus hundreds of lakes, rivers, and creeks. With so much variety, NWMLS provides us, brokers, with numerous options to list and search for different types of waterfront property.

We’ve taken a look at the NWMLS database (which contains hundreds of thousands of listings, dating back to the 1990s) to check out different kinds of waterfront homes and where to find them.

waterfront

Cities with the Most Waterfront Homes

NWMLS listing data showed that Olympia was the city with the most waterfront houses sold in 2024, with a median price of $847,500. Seattle had the most waterfront condos with a median price of $667,500. If you are looking for a waterfront home, but don’t want to break the bank, head out to Ocean Shores where the median sale price in 2024 was $515,000 for houses, while Chelan was the place to find affordable condos with a median sales price of $99,750.

City

Houses sold

Median price

Olympia

110

$847,500

Seattle

83

$1,500,000

Gig Harbor

79

$1,350,000

Shelton

78

$622,000

Bellingham

73

$1,075,000

Ocean Shores

69

$515,000

Bainbridge Island

55

$2,500,000

Bremerton

49

$780,000

City

Condos sold

Median price

Seattle

68

$667,500

Kirkland

30

$1,425,000

Blaine

31

$500,000

Bremerton

28

$297,225

Redmond

25

$630,000

Chelan

22

$99,750

Tacoma

20

$673,750

Long Beach

14

$270,00

river home

Top Types of Waterfront Homes

Of the huge variety of waterfront types found throughout Washington, houses that featured a creek had the most sales in 2024, while the most condos sold were located lakeside. Houses set on the Puget Sound were the priciest while condos with no bank waterfront commanded the highest prices.

Type

Houses sold

Median house price

Condos sold

Median condo price

Creek

785

$689,000

33

$461,200

Low bank

779

$1,042,500

110

$529,225

Lake

713

$1,075,000

158

$589,000

No bank

540

$1,000,000

92

$711,000

Saltwater

511

$1,119,000

101

$560,000

Sound

477

$1,245,000

99

$630,000

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