Let’s check in again on the cheapest homes around Seattle proper. We’re going to tweak the methodology slightly based on user feedback, so here’s the new methodology: I’ll search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This includes any listing that uses the phrases “fixer,” “rehab loan,” or “value in land.” I’ll post the top (bottom) three, along with some overall stats on the low end of the market.
Please note: These posts should not be construed to be an advertisement or endorsement of any specific home for sale. We are merely taking a brief snapshot of the market at a given time. Also, just because a home makes it onto the “cheapest” list, that does not indicate that it is a good value.
Here are this month’s three cheapest single-family homes in the city limits of Seattle (according to Redfin):
| Address | Price | Beds | Baths | SqFt | Lot Size | Neighborhood | $ / SqFt | Notes |
| 2518 NE 100th St | $168,000 | 1 | 0.75 | 550 | 6,095 sqft | Meadowbrook | $305 | – |
| 8809 24th Ave SW | $175,000 | 2 | 1.75 | 1,040 | 7,440 sqft | Delridge | $168 | – |
| 1226 S Cloverdale St | $175,000 | 2 | 1.75 | 1,440 | 6,000 sqft | South Park | $122 | – |
Stats snapshot for Seattle Single-Family Homes Under $200,000 (excluding short sales)
Total on market: 25
Average number of beds: 1.7
Average number of baths: 1.0
Average square footage: 841
Average days on market: 64
Here are the three cheapest homes in terms of dollars per square foot:
| Address | $ / SqFt | Price | Beds | Baths | SqFt | Lot Size | Neighborhood | Notes |
| 4629 S Fontanelle St | $88 | $285,000 | 3 | 1.5 | 3,230 | 5,238 sqft | Brighton | – |
| 724 S Rose St | $91 | $219,950 | 4 | 1 | 2,430 | 5,000 sqft | South Park | – |
| 10725 66th Ave S | $101 | $215,000 | 3 | 1 | 2,120 | 8,560 sqft | Rainier Valley | – |
Some of those homes don’t actually look half bad. Interestingly, even though we excluded short sales this month, the three cheapest homes in terms of dollars per square foot were actually cheaper this month than last.
Here’s the last bonus: The lowest dollars per square foot on a house priced above $500,000: 210 29th Ave S at $132 $/sqft. $650,000, 6 beds, 4 baths, 4,910 square feet. “Lake Washington and city views.”