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Northwest MLS brokers have access to the Down Payment Resource (DPR) program, which connects homebuyers with various down payment assistance programs to help them purchase homes.
What is Down Payment Resource?
Down Payment Resource is an online tool that matches homebuyers with state and local assistance programs—grants, second mortgages, and tax credits—that can help cover the cost of a down payment or even closing costs. These programs are often tailored to first-time buyers, veterans, teachers, and others who meet certain income or location requirements.
Fully Integrated & Easy to Use
This program is integrated into the Northwest MLS database, making it easy for NWMLS brokers to see if listings are eligible for financial assistance. Buyers working with NWMLS brokers can also quickly see if a property is eligible for down payment assistance programs within their personal OneHome client portal.
Number of DPR Eligible Listings in 2024
We’ve taken a look in the NWMLS database (which contains hundreds of thousands of listings, dating back to the 1990s) to see how many houses and condos were eligible for down payment assistance in 2024, and where to find them.
Of the 60,562 houses sold by NWMLS brokers in 2024, 44,165 were eligible for down payment assistance – that’s over 72 percent! Even more condominiums were eligible for down payment assistance. Out of a total of 9,358 condos sold by NWMLS brokers in 2024, 8,185 were eligible, representing 87 percent!
Median Sale Prices for DPR Eligible Listings in 2024
The Median Sale Price for all homes sold by NWMLS brokers in 2024 was $665,000, while the Median Sale Price for homes that were eligible for down payment assistance was quite a bit lower at $570,000. The Median Sale Price for all condominiums sold by NWMLS brokers was $500,000 compared to $460,000 for condos that were eligible for down payment assistance.
Counties with the Most DPR Eligible Listings
The most DPR-eligible houses and condos in 2024 were found in King County, with 10,117 homes sold and 4,749 condos sold.
| County | Houses Sold | Median Price |
|---|---|---|
| King | 10,117 | $725,000 |
| Pierce | 9,111 | $549,950 |
| Snohomish | 6,290 | $700,000 |
| Thurston | 2,965 | $500,000 |
| Kitsap | 2,842 | $510,000 |
| Whatcom | 1,574 | $550,000 |
| Skagit | 993 | $525,000 |
| Cowlitz | 962 | $400,000 |
| Mason | 951 | $408,000 |
| Grays Harbor | 949 | $349,900 |
| County | Condos Sold | Median Price |
|---|---|---|
| King | 4,749 | $503,000 |
| Snohomish | 1,451 | $500,000 |
| Pierce | 710 | $393,944 |
| Whatcom | 403 | $395,500 |
| Kitsap | 142 | $300,000 |
| Thurston | 138 | $337,500 |
| Skagit | 81 | $425,000 |
| Island | 79 | $360,000 |
| Chelan | 64 | $381,500 |
| Clark | 55 | $312,000 |
Cities with the Most DPR Eligible Listings
The city with the most DPR-eligible houses and condos sold in 2024 was Seattle with 3,705 homes and 2,063 condos.
| County | Condos Sold | Median Price |
|---|---|---|
| Seattle | 3,705 | $760,000 |
| Tacoma | 2,937 | $484,000 |
| Puyallup | 1,526 | $585,000 |
| Olympia | 1,148 | $515,000 |
| Everett | 1,110 | $673,578 |
| Marysville | 1,056 | $655,000 |
| Bremerton | 1,054 | $474,623 |
| Port Orchard | 1,030 | $525,000 |
| Kent | 978 | $685,000 |
| Auburn | 887 | $625,000 |
| County | Condos Sold | Median Price |
|---|---|---|
| Seattle | 2,063 | $524,900 |
| Everett | 390 | $412,500 |
| Bellevue | 365 | $590,000 |
| Kirkland | 304 | $516,563 |
| Issaquah | 278 | $575,000 |
| Lynnwood | 278 | $540,000 |
| Kent | 261 | $394,950 |
| Tacoma | 239 | $390,000 |
| Renton | 238 | $400,000 |
| Bellingham | 238 | $390,000 |
Data for all reported MLS residential & condo sales during 2024 in Washington state.
Looking for a Broker?
If you are looking to buy a home and could use help with your down payment, contact a Northwest MLS broker today to begin your journey to homeownership!