Market Intelligence · WA / Seattle

Seattle, WA 98109 Housing Market

The typical home in Seattle's 98109 ZIP code is valued at $772,473, down 2.7% over the past year. Homes are listing around a median price of $574,950 and taking 59 days to sell.

Updated August 2026Median value$772K

The median home value in Seattle, WA 98109 is $772K as of August 2026, down 2.7% 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 98109 range

$711K to $834K

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

-2.7% over 12 months

Typical home value in 98109 over the last 12 months: $794K in Jul 2025 to $772K in Jul 2026 (-2.7%).

Jul 2025$794K

Jul 2026$772K

The numbers

What is the 98109 housing market like?

Typical home value

$772K

Down2.7%YoY

Median list price

$565K

Down1.8%MoM

Days on market

60

Up1.7%MoM

Homes for sale

140

Up4.5%MoM

Price cuts

17.1%

Down20.9%MoM

New listings

32

Down11.1%MoM

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

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The comparison

How do 98109 home prices compare?

  • 98109$772,473
  • 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

There are 134 homes currently for sale in 98109, with 36 new listings added recently. The median time on market stands at 59 days, indicating a slower pace than stronger conditions. Price cuts have appeared on 21.6% of active listings, reflecting the downward pressure on values. The typical home has lost ground year over year. Sellers should expect a patient, competitive market where pricing strategy will matter.

Monthly payment

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20% · $154,495

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