Market Intelligence · WA / Bothell

Bothell, WA 98012 Housing Market

The typical home in Bothell's 98012 area is worth $928,453 as of September 2026, down 5.2% over the past year. The median list price is $899,675, and homes are spending a median of 50 days on the market.

Updated September 2026Median value$928K

The median home value in Bothell, WA 98012 is $928K as of September 2026, down 5.2% 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 98012 range

$854K to $1M

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

-5.2% over 12 months

Sep 2025$979K

Low $928KHigh $985K

Sep 2026$928K

The numbers

What is the 98012 housing market like?

As of September 2026

Typical home value

$928K

5.2%YoY

Median list price

$900K

5.3%MoM

Days on market

2.0%MoM

Homes for sale

243

0.4%MoM

Price cuts

29.6%

18.5%MoM

New listings

0.0%MoM

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

The outlook

98012 housing market forecast 2027

-0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98012 to stay roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in 98012 fell 5.2%, per the Zillow Home Value Index.

Will home prices drop in 98012?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 98012 to stay roughly flat by September 2027 (down 0.3%), after a 5.2% 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 98012 home prices compare?

98012$928,453
Bothell$976,799
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 (Bothell: 3 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

There are 243 homes for sale in 98012 as of September 2026, with 80 of those listed as new. The median days on market sits at 50, and 29.6% of listings have taken a price cut. Meanwhile, the typical home value of $928,453 is down 5.2% over the past year, and the median list price of $899,675 sits below that typical value. Buyers have more room to negotiate than they did a year ago. If you are selling, pricing accurately from the start matters more than it did when values were climbing.

Monthly payment

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Home price

Down payment20% · $185,691

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 98012 worth?

The typical home value in 98012 is $928,453 as of September 2026, down 5.2% over the past year. The median list price is $899,675.

How long does it take to sell a home in 98012?

Homes in 98012 are spending a median of 50 days on the market as of September 2026.

Are sellers cutting prices in 98012?

Yes. As of September 2026, 29.6% of listings in 98012 have taken a price cut, which lines up with the 5.2% decline in typical home value over the past year.

Discover

Nearby ZIP markets.

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