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Market Intelligence · WA / Seattle

Seattle, WA 98101 Housing Market

In Seattle, WA 98101, the typical home value is $546,852, down 4.4% over the past year as of September 2026. Sellers are listing at a median of $659,500, and homes spend a median of 74 days on the market.

Updated September 2026Median value$547K

The median home value in Seattle, WA 98101 is $547K as of September 2026, down 4.4% 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 98101 range

$503K to $591K

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

-4.4% over 12 months

Typical home value in 98101 over the last 12 months: $572K in Sep 2025 to $547K in Sep 2026 (-4.4%).

Sep 2025$572K

Sep 2026$547K

The numbers

What is the 98101 housing market like?

Typical home value

$547K

Down4.4%YoY

Median list price

$660K

Down1.9%MoM

Days on market

74

Up4.2%MoM

Homes for sale

127

Up3.3%MoM

Price cuts

14.0%

Up35.8%MoM

New listings

20

Flat0.0%MoM

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

The outlook

98101 housing market forecast 2027

-0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98101 to fall 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 98101 fell 4.4%, per the Zillow Home Value Index.

Will home prices drop in 98101?

Zillow's forecast says they may: it expects typical home values in 98101 to fall 0.9% by September 2027, after a 4.4% 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 98101 home prices compare?

  • 98101$546,852
  • Seattle$747,178
  • 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 (Seattle: 33 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

There were 127 homes for sale in 98101 as of September 2026, with 20 new listings entering the market. The median list price sits at $659,500, while the typical home value is $546,852, a gap that suggests sellers are aiming above where values have settled. Homes are taking a median of 74 days to sell, and 14.0% of listings have taken a price cut. With values down 4.4% over the past year, buyers have room to negotiate. A seller here should price carefully from the start, because overpriced homes are sitting longer and getting reduced.

Monthly payment

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20% · $109,370

Common questions

What people ask us.

How much is a home in 98101 worth?

The typical home value in 98101 is $546,852 as of September 2026, down 4.4% over the past year.

How long does it take to sell a home in 98101?

Homes in 98101 spend a median of 74 days on the market as of September 2026.

How many homes are for sale in 98101?

There are 127 homes for sale in 98101 as of September 2026, including 20 new listings.

Discover

Nearby ZIP markets.

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