It depends on where in western Washington you want to live and the quality of house you buy. My folks sold their home, in Renton, at the end of the summer. Interest rates were hovering around 5.5% at the time. A 20% down payment would have been $189k with an estimated payment just shy of $5k a month. They ended up taking a cash offer for $60k under asking, as it had been on the market for three months and they had already moved out of state.