Market Intelligence · WA / Auburn

Auburn, WA 98002 Housing Market

The typical home value in Auburn's 98002 ZIP is $477,358, down 1.3% over the past year. The median list price stands at $487,450, with homes typically on market for 44 days as of September 2026.

Updated September 2026Median value$477K

The median home value in Auburn, WA 98002 is $477K as of September 2026, down 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 98002 range

$439K to $516K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.3% over 12 months

Sep 2025$484K

Low $477KHigh $487K

Sep 2026$477K

The numbers

What is the 98002 housing market like?

As of September 2026

Typical home value

$477K

1.3%YoY

Median list price

$487K

2.5%MoM

Days on market

4.8%MoM

Homes for sale

0.0%MoM

Price cuts

23.7%

0.4%MoM

New listings

43.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

98002 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98002 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 98002 fell 1.3%, per the Zillow Home Value Index.

Will home prices drop in 98002?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98002 to stay roughly flat by September 2027 (down 0.4%), after a 1.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98002 home prices compare?

98002$477,358
Auburn$616,331
Washington$496,668
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Auburn: 3 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

Auburn's 98002 market is moderately active, with 66 homes for sale and 18 new listings as of September 2026. The median list price of $487,450 sits slightly above the typical home value of $477,358, a gap that reflects some pricing optimism. However, that optimism has limits: 23.7% of current listings have already seen a price cut. With homes spending 44 days on market, this is not a seller's market. If you're considering a sale, expect realistic negotiations and a patient timeline.

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Down payment20% · $95,472

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Common questions

What people ask us.

What is the typical home value in 98002?

The typical home value in Auburn's 98002 ZIP is $477,358, down 1.3% over the past year as of September 2026.

How long do homes stay on the market in 98002?

Homes in 98002 spend a median of 44 days on market, indicating moderate buyer interest but not urgency.

Are homes selling below asking price in 98002?

Yes. As of September 2026, 23.7% of listings have received a price cut, suggesting many sellers are adjusting expectations to match market conditions.

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