U.S. home prices have remained high for over two years due to inflation and low inventory, but price growth is slowing as demand cools and sellers offer discounts. In Seattle, the median sale price is $803,000, up 0.4% year-over-year and 5.5% month-over-month, a 47.3% increase since 2019. Nationwide, the median price is $429,650, up 1.1% year-over-year and 1.5% month-over-month, a 56.8% rise since 2019.