2026 Kirkland WA Housing Market Forecast: Will Home Prices Rise or Fall?

by Jason Mesnick

2026 Kirkland WA Housing Market Forecast: Will Home Prices Rise or Fall?

Are you wondering about the future of the Kirkland, WA housing market as we move into 2026? You're not alone—one of the biggest questions on the minds of homeowners, buyers, and investors right now is whether Kirkland home prices will go up or down next year. With all the headlines swirling about the Washington real estate market, let’s dig into what local experts and current trends say about where Kirkland real estate is headed in 2026.

Kirkland WA Housing Market: Recent Home Value Trends

If you’ve bought or sold a home in Kirkland in the last few years, you know it’s been a dramatic ride. After a huge surge in home values during 2024—Kirkland property prices climbed over 20% at the peak—late 2025 brought a distinct shift. Inventory is up, demand is stabilizing, and most homes are now selling at or just below their list prices. The average Kirkland home value is hovering between $1.2 and $1.4 million, according to data from local MLS and Zillow.

2026 Kirkland Housing Market Forecast: What To Expect

What’s next for Kirkland real estate in 2026? Market experts predict a stable housing market, with most forecasts expecting home values to remain steady or increase by 2–4% over the next year. Kirkland’s strong tech employment base, high-quality schools, and unbeatable lifestyle keep buyers interested—even as mortgage rates and national conditions fluctuate.

Key factors shaping the Kirkland real estate market in 2026:

  • Continued demand for homes in Kirkland WA: Tech industry growth and lifestyle amenities keep Kirkland hot.

  • Limited inventory: New construction and move-in-ready homes are in short supply.

  • Balanced market conditions: Buyers will find more inventory to choose from, while sellers will see less competition than in previous years.

  • Local economic strength: Kirkland jobs and schools support healthy home prices.

Will Kirkland Home Prices Drop in 2026?

Current projections don’t suggest a housing market crash for Kirkland, WA next year. Instead, expect home prices to stabilize, with only modest appreciation. This means a great opportunity for buyers to enter the market without the frenzied bidding wars of past years—and for sellers to prepare for realistic pricing strategies.

Actionable Tips for Kirkland Homeowners, Buyers & Sellers

  • If you’re planning to buy in Kirkland, it’s a good time to start your search with more options and less pressure.

  • Sellers should price accurately and present homes well for best results in a stabilized market.

  • For those considering investing in Kirkland real estate, steady appreciation and strong rental demand offer long-term value.

Ready to Make a Move in Kirkland, WA?

Whether you’re buying, selling, or just keeping an eye on the Kirkland housing market, staying informed is key. As your local real estate expert, I’m here to help you navigate every step. If you’d like a personalized home value estimate or want guidance for your 2026 goals, reach out for a complimentary consultation.

Contact Me Today to talk about Kirkland real estate trends, home price forecasts, and your best options for success in the 2026 market.

Jason Mesnick
Jason Mesnick

Principal Broker

+1(206) 660-5055 | jason@mdgresidential.com

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