Market Intelligence · WA / Seattle

Seattle, WA 98108 Housing Market

The typical home value in Seattle, WA 98108 is $664,850, down 2.0% over the past year as of September 2026. The median list price is $699,000, and homes spend a median of 41 days on the market.

Updated September 2026Median value$665K

The median home value in Seattle, WA 98108 is $665K as of September 2026, down 2.0% 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 98108 range

$612K to $718K

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

Sep 2025$678K

Low $665KHigh $686K

Sep 2026$665K

The numbers

What is the 98108 housing market like?

As of September 2026

Typical home value

$665K

2.0%YoY

Median list price

$699K

0.6%MoM

Days on market

6.8%MoM

Homes for sale

12.3%MoM

Price cuts

19.5%

148.3%MoM

New listings

14.3%MoM

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

The outlook

98108 housing market forecast 2027

-0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98108 to fall 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 98108 fell 2.0%, per the Zillow Home Value Index.

Will home prices drop in 98108?

Zillow's forecast says they may: it expects typical home values in 98108 to fall 0.7% by September 2027, after a 2.0% 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 98108 home prices compare?

98108$664,850
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

As of September 2026, Seattle, WA 98108 has 73 homes for sale, with 32 new listings added. The median list price is $699,000, while the typical home value sits at $664,850, down 2.0% over the past year. Homes take a median of 41 days to sell, and 19.5% of listings have had a price cut. Taken together, this is a market where values are softening and some sellers are already adjusting their asking prices. For a seller, that means pricing realistically from the start matters more than aiming high and cutting later.

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Down payment20% · $132,970

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Common questions

What people ask us.

How much is a home in 98108 worth?

The typical home value in Seattle, WA 98108 is $664,850 as of September 2026, down 2.0% over the past year.

How fast are homes selling in 98108?

Homes in 98108 spend a median of 41 days on the market as of September 2026, and 19.5% of listings have had a price cut.

How many homes are for sale in 98108?

There are 73 homes for sale in Seattle, WA 98108 as of September 2026, including 32 new listings, with a median list price of $699,000.

Discover

Nearby ZIP markets.

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