Market Intelligence · WA / Seattle

Seattle, WA 98108 Housing Market

The typical home value in 98108 is $689,557, down 2.0% over the past year. The median list price sits at $693,250, with homes taking a median of 51 days to sell.

Updated August 2026Median value$690K

The median home value in Seattle, WA 98108 is $690K as of August 2026, down 2.0% 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 98108 range

$634K to $745K

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

-2.0% over 12 months

Typical home value in 98108 over the last 12 months: $704K in Jul 2025 to $690K in Jul 2026 (-2.0%).

Jul 2025$704K

Jul 2026$690K

The numbers

What is the 98108 housing market like?

Typical home value

$690K

Down2.0%YoY

Median list price

$695K

Up0.3%MoM

Days on market

44

Down13.7%MoM

Homes for sale

65

Down11.0%MoM

Price cuts

7.8%

Down70.8%MoM

New listings

28

Down6.7%MoM

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

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The comparison

How do 98108 home prices compare?

  • 98108$689,557
  • Seattle$772,473
  • Washington$510,876
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Seattle: 33 ZIPs; Washington: 485 ZIPs; United States: 26,266 ZIPs).

Context

Seattle's 98108 ZIP has 73 homes for sale as of July 2026, with 30 new listings entering the market recently. The median list price of $693,250 reflects modest alignment with the typical home value of $689,557. Homes are spending 51 days on the market before sale, a pace that suggests measured buyer interest. The data shows 26.8% of listings have received price cuts. For sellers, this is a slower market than recent years, so pricing strategically from the start matters.

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