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Thanks to low mortgage rates, it's an excellent time to buy or sell a home across the U.S. But what about in Washington?

Is the state's housing market too pricey for buyers? Not-so-great if you've got a home you want to sell? Or just right — for everybody?

Home values provide some answers. They indicate that the market in Washington is heating up, according to Zillow, though you might find vast differences from one city or one corner of the state to the next.

Current home values in Washington

Home values have been rising throughout Washington and are up 4.77% from a year ago.

Statewide, the median value for a single-family home — meaning half are worth more, half are worth less — is currently $391,000 , Zillow says.

Could you afford that? Let's say you want to buy that mid-priced home using a 30-year fixed-rate mortgage at this week's average interest rate, which is a low 3.69%, says mortgage company Freddie Mac.

With the 30-year mortgage rate at 3.69% and the median home value for Washington at $391,000 , a representative monthly mortgage payment would be $1,797.50.

How the Washington housing market stacks up

Paradise area at Mount Rainier National Park, Washington State, USA
Jose Luis Stephens / Shutterstock
Paradise area at Mount Rainier National Park, Washington State, USA

Property values in Washington are high by historical standards and are higher than what the typical house is worth nationwide.

The median home value throughout the U.S. is $229,600, which is up 4.88% from a year ago.

Zillow predicts U.S. home values will rise 2.2% over the next year, while in Washington, they're expected to rise 0.51%.

Homes are going on the market in Washington at a median price of $247 per square foot, versus $155 per square foot nationwide.

Are you looking to buy? Take a look at today's best mortgage rates where you live.

Washington home prices over the last 10 years

Year Avg. Price
2019* $393,900
2018 $375,175
2017 $345,092
2016 $308,433
2015 $277,675
2014 $256,250
2013 $240,150
2012 $223,550
2011 $228,275
2010 $249,825
2009 $265,942

*2019 price average through August 2019.

How much for an average-sized home?

Here's what a 2,500-square-foot home in Washington is worth now, and how that's changed over the last decade, based on the Zillow Home Value Index.

Year Avg. Price
2019* $617,500
2018 $585,000
2017 $537,500
2016 $475,000
2015 $430,000
2014 $395,000
2013 $370,000
2012 $340,000
2011 $345,000
2010 $382,500
2009 $405,000

*2019 price average through August 2019.