April 2026 Real Estate Trivia
Test your knowledge with this month's quiz, then be entered to win a free hat!
1. What’s the approximate median home price in King County entering 2026?
*
A. $550,000
B. $725,000
C. $800,000
D. $1,150,000
✅ Correct Answer: C. ~$800,000
Why: Recent data from late 2025 into early 2026 shows King County median home prices generally landing in the high $700Ks to low $800Ks, depending on source and month. (Source: Redfin market data trends and regional MLS summaries — ranges vary slightly by reporting period.)Explanation for Q1
2. True or False: Most homes in King County are still selling above asking price.
*
True
False
✅ Correct Answer: True (but not by as much as peak years)
Why: While the market has cooled from 2021–2022 highs, many well-priced homes still receive multiple offers, often pushing final sale prices slightly above list—especially in desirable neighborhoods.
3. How long does it take (on average) for a home to go under contract in King County right now?
*
A. 7-10 days
B. 2-3 weeks
C. 1-2 months
D. 3-4 months
✅ Correct Answer: C. About 1–2 months
Why: Median “days on market” has recently hovered around ~60–75 days, though move-in ready homes can still sell much faster.
4. True or False: You need a 20% down payment to buy a home.
*
True
False
✅ Correct Answer: False
Why: Many buyers use lower down payment options, including conventional loans with less than 20% down and other financing programs.20% is often misunderstood as a requirement when it’s simply a benchmark to avoid PMI.
5. Which area typically commands the highest home prices in King County?
*
A. Renton
B. Maple Valley
C. Bellevue
D. Mercer Island
✅ Correct Answer: D. Mercer Island
Did that surprise you? Most people pick Bellevue. While Bellevue is a major high-end market, Mercer Island frequently edges it out in price per home due to scarcity and exclusivity.
Enter to win our monthly prize here:
example@example.com
Submit Quiz
Should be Empty: