Why Live in Madrona
Madrona, a tranquil lakefront community in east central Seattle, is known for its towering evergreen trees and small-town atmosphere along the shores of Lake Washington. Home to over 4,500 residents, Madrona is ranked No. 3 for family-friendly neighborhoods in Washington and receives high marks for its public schools, nightlife, commuting, and outdoor activities. The neighborhood features a diverse array of housing options, from century-old residences to newly constructed estates, including Craftsman-style homes, brick houses with gabled roofs, and charming bungalows. Madrona Elementary School is centrally located, and students typically progress to Edmond S. Meany Middle School and Garfield High School, all of which are highly rated. Seattle University is also nearby, about a mile and a half away.
Madrona’s main thoroughfare, 34th Avenue, intersects with East Union Street, creating a vibrant retail area with locally owned shops and diverse dining options. Residents can enjoy Ethiopian cuisine at Café Soleil, handmade pasta at Vendemmia, and kebabs from Bistro Turkuaz. Popular spots like Hi-Spot Café and Molly Moon’s ice cream add to the neighborhood's charm. For everyday essentials, Madrona Market & Deli is conveniently located, and unique boutiques like Paper Portal Used Books and Glassybaby offer distinctive shopping experiences.
Outdoor enthusiasts will appreciate Madrona Park, which provides scenic views of Mount Rainier, a lakeside jogging path, and Madrona Park Beach. The neighborhood also features Madrona Playground and Madrona View Point for stunning vistas. With its central location, residents have access to Downtown Seattle, just 2 miles away, offering a wealth of amenities and attractions. Madrona’s quaint vibe makes it a distinctive place to live.
Home Trends in Madrona, WA
On average, homes in Madrona, Seattle sell after 32 days on the market compared to the national average of 70 days. The median sale price for homes in Madrona, Seattle over the last 12 months is $260,000, down 32% from the median home sale price over the previous 12 months.
Median Sale Price
$260,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$2,446,000
Median 2 Bedroom Sale Price
$219,000
Median 1 Bedroom Sale Price
$477,000
Median Studio Sale Price
$210,000
Average Price Per Sq Ft
$353
Number of Homes for Sale
9
Last 12 months Home Sales
42
Median List Price
$289,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-32%