Housing · Sultan

Sultan, WA housing market

The typical Sultan home is worth about $556,000, about the same as a year ago, 6% below the Washington typical home. Homes typically sell in 17 days, a little above asking.

Home values, sales, trends and how Sultan compares with the towns next door — updated as new data is published.

The market right now

Sultan at a glance

Typical home value
$556K
▲ 0.4% in a year · Zillow
Median sale price
$580K
May 2026 · Redfin
Days on market
17
Washington: 19 days
Sale-to-list
101.4%
Homes sell above asking
Homes sold
17
in May · 25 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

SultanWashington
$250K$300K$350K$400K$450K$500K$550K$600K$650K 20182020202220242026 Sultan $556K Washington $592K
Show as a table
JanuarySultanWashington
2017$284,000$326,000
2018$321,000$362,000
2019$354,000$390,000
2020$374,000$413,000
2021$432,000$471,000
2022$516,000$554,000
2023$533,000$572,000
2024$541,000$582,000
2025$564,000$605,000
2026$561,000$601,000
August 2026$556,000$592,000
New construction

71 new homes permitted in 2025

Builders were permitted 71 new homes in Sultan in 2025, all single-family houses, worth about $26.5 million to build. That's 12 per 1,000 residents, faster than across Washington (4.6). Over the past 10 years, Sultan has permitted 1,045 homes in all.

New homes, 2025
71
▼ 26% vs 2024
2026 so far
0
Jan–Aug · ▼ 100% vs last year
Per 1,000 residents
12
Washington: 4.6
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0100200300 2000: 47 homes (43 single-family, 4 in buildings with 2+ homes) 2000 2001: 47 homes (45 single-family, 2 in buildings with 2+ homes) 2002: 56 homes (50 single-family, 6 in buildings with 2+ homes) 2003: 63 homes (57 single-family, 6 in buildings with 2+ homes) 2004: 73 homes (63 single-family, 10 in buildings with 2+ homes) 2005: 72 homes (64 single-family, 8 in buildings with 2+ homes) 2005 2006: 52 homes (46 single-family, 6 in buildings with 2+ homes) 2007: 36 homes (30 single-family, 6 in buildings with 2+ homes) 2008: 12 homes (4 single-family, 8 in buildings with 2+ homes) 2009: 10 homes 2010: 3 homes 2010 2011: 6 homes 2012: 9 homes 2013: 4 homes 2014: 1 home 2015: 8 homes 2015 2016: 10 homes 2017: 12 homes 2018: 14 homes 2019: 13 homes 2020: 194 homes 2020 2021: 238 homes (228 single-family, 10 in buildings with 2+ homes) 2022: 226 homes (222 single-family, 4 in buildings with 2+ homes) 2023: 171 homes 2024: 96 homes 2025: 71 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents+495
New homes+80

Between the 2010 and 2020 censuses, Sultan gained 495 residents while 80 new homes were permitted: about 6.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Washington: 2.7 new residents per new home.

How Sultan ranks on housing keeping up with growth →

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
202571710$26.5 million
202496960$41.4 million
20231711710$70.8 million
20222262224$76 million
202123822810$67.9 million
20201941940$51.5 million
201913130$3.5 million
201814140$3.7 million
201712120$3.2 million
201610100$2.7 million
2015880$2.1 million
2014110$126,000
2013440$968,000
2012990$2.2 million
2011660$1.5 million
2010330$689,000
200910100$2.6 million
20081248$2.6 million
200736306$2.4 million
200652466$3.6 million
200572648$4.9 million
2004736310$5 million
200363576$4.4 million
200256506$3.9 million
200147452$3.3 million
200047434$3.3 million

How Sultan ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Nearby

Sultan and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Sultan $556K +0.4% $2,160 71 $94,730
Startup — −2.9%† $2,160 — $66,525
North Sultan — −2.9%† $2,160 — $125,625

† FHFA price index change, where Zillow has no home value for the town.

Affordability

5.9 years of income

The typical Sultan home costs about 5.9 years of the town's median household income, about the same as across Washington (6).

How Sultan ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
82.7%
Washington: 63.8%
Median tax bill
$3,674
Washington: $4,556
Median rent
$1,729
Washington: $1,760
Typical home built
2002
Washington: 1985

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $2,160

HUD's Fair Market Rent for a two-bedroom in Sultan is $2,160 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sultan pay a median of $1,729, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.

1 bedroom
$1,850
a month, with utilities
2 bedrooms
$2,160
a month, with utilities
3 bedrooms
$2,850
a month, with utilities
Share of income
27%
2 bedrooms ÷ median income

Studio $1,800 · 4 bedrooms $3,320

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (98294; Seattle-Bellevue, WA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Sultan

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01