Market Intelligence · WA / Seattle

Seattle, WA 98104 Housing Market

The typical home value in Seattle, WA 98104 is $544,708, down 3.7% over the past year. The median list price is $485,000, and homes spend a median of 66 days on market. That points to cooler conditions than a year ago.

Updated August 2026Median value$535K

The median home value in Seattle, WA 98104 is $535K as of August 2026, down 3.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98104 range

$492K to $577K

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

-3.6% over 12 months

Typical home value in 98104 over the last 12 months: $554K in Aug 2025 to $535K in Aug 2026 (-3.6%).

Aug 2025$554K

Aug 2026$535K

The numbers

What is the 98104 housing market like?

Typical home value

$535K

Down3.6%YoY

Median list price

$485K

Up2.3%MoM

Days on market

66

Up3.1%MoM

Homes for sale

58

Down4.9%MoM

Price cuts

10.8%

Down25.9%MoM

New listings

16

Up33.3%MoM

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

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The comparison

How do 98104 home prices compare?

  • 98104$534,589
  • Seattle$757,125
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Seattle: 33 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

There are 58 homes for sale, with 16 new listings. The median list price is $485,000, while the typical home value is $544,708, down 3.7% over the past year. A median of 66 days on market gives buyers more time than a fast market would. Price cuts appear on 10.8% of listings, so some sellers are adjusting rather than testing the market. If you are selling, price carefully and expect negotiation to be part of the process.

Monthly payment

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20% · $106,918

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