Market Intelligence · WA / Seattle

Seattle, WA 98106 Housing Market

The typical home in Seattle, WA 98106 is worth $642,178 as of September 2026, down 1.7% over the past year. The median list price sits at $640,000, and homes spend a median of 49 days on market.

Updated September 2026Median value$642K

The median home value in Seattle, WA 98106 is $642K as of September 2026, down 1.7% 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 98106 range

$591K to $694K

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

-1.7% over 12 months

Sep 2025$653K

Low $642KHigh $663K

Sep 2026$642K

The numbers

What is the 98106 housing market like?

As of September 2026

Typical home value

$642K

1.7%YoY

Median list price

$640K

0.8%MoM

Days on market

16.9%MoM

Homes for sale

0.0%MoM

Price cuts

19.5%

37.2%MoM

New listings

7.1%MoM

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

The outlook

98106 housing market forecast 2027

-0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98106 to fall 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 98106 fell 1.7%, per the Zillow Home Value Index.

Will home prices drop in 98106?

Zillow's forecast says they may: it expects typical home values in 98106 to fall 0.7% by September 2027, after a 1.7% 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 98106 home prices compare?

98106$642,178
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

Inventory in 98106 is fairly active, with 73 homes for sale and 30 new listings coming on as of September 2026. Sellers are not holding firm on price across the board, since 19.5% of listings have taken a price cut. That lines up with a typical home value of $642,178 that has slipped 1.7% over the past year, and a median of 49 days on market suggests buyers are taking some time before committing. The practical takeaway for a seller is to price realistically from day one, because overpricing is likely to mean sitting longer and cutting later.

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Home price

Down payment20% · $128,436

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Common questions

What people ask us.

How much is a home in 98106 worth?

The typical home value in 98106 is $642,178 as of September 2026, down 1.7% over the past year. The median list price is $640,000.

How long does it take to sell a home in 98106?

Homes in 98106 spend a median of 49 days on market as of September 2026. Pricing in line with the market helps, since 19.5% of listings have already taken a price cut.

Is there much competition among sellers in 98106?

There are 73 homes for sale as of September 2026, with 30 new listings added. That is a steady flow of competition, so condition and price matter.

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Nearby ZIP markets.

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