Total monthly cost of ownership
Cost to Own a Home in Sequim, Washington
A $382,000 home here costs
$2,771per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,964. The real number is $807 higher every month — 41% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sequim against Clallam County and Washington
| Measure | Sequim | Clallam County |
|---|---|---|
| Median home value | $382,400 | $385,600 |
| Median property tax | $2,762 | $2,860 |
| Effective tax rate | 0.722% | 0.742% |
| Median gross rent | $1,094 | $1,110 |
| Population | 8,130 | 77,593 |
The weather behind that power bill
Sequim sits in Clallam County, which averages a high of 69.7°F in its hottest month and a low of 33.0°F in its coldest, with 29.41" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 23 cooling and 6,015 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Clallam County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clallam County
Full Clallam County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in Sequim?
A $382,000 home in Sequim, Washington costs approximately $2,771 per month with 20% down at 6.66%. That is $1,964 principal and interest, $230 property tax, $57 homeowners insurance, $202 utilities and $318 set aside for maintenance.
What is the property tax rate in Sequim?
Sequim has an effective property tax rate of 0.722%, based on a median home value of $382,400 and median real estate taxes of $2,762. That is lower than the Clallam County average of 0.742%.
What is the average home price in Sequim?
The median owner-occupied home value in Sequim, Washington is $382,400, against $385,600 across Clallam County.
Is it cheaper to rent or buy in Sequim?
Median gross rent in Sequim is $1,094 a month, against $2,771 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sequim — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.