How fast are homes selling in 98112?

Homes in 98112 are spending a median of 45 days on market as of 2026-08-01.

Are sellers cutting prices in 98112?

As of 2026-08-01, 10.2% of listings in 98112 had a price cut. There were 76 homes for sale, with 20 new listings.

Market Intelligence · WA / Seattle

Seattle, WA 98112 Housing Market

The typical home in Seattle, WA 98112 is worth $1,362,281, down 1.4% over the past year as of 2026-07-01. The median list price sits at $1,469,000, and homes are taking a median of 45 days on market as of 2026-08-01.

Updated August 2026Median value$1338K

The median home value in Seattle, WA 98112 is $1.34M as of August 2026, down 1.0% 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 98112 range

$1.23M to $1.45M

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

-1.0% over 12 months

Aug 2025$1.35M

Low $1.34MHigh $1.37M

Aug 2026$1.34M

The numbers

What is the 98112 housing market like?

As of August 2026

Typical home value

$1.34M

1.0%YoY

Median list price

$1.47M

2.5%MoM

Days on market

9.8%MoM

Homes for sale

1.3%MoM

Price cuts

10.2%

41.8%MoM

New listings

28.6%MoM

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

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The comparison

How do 98112 home prices compare?

98112$1,338,232
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 were 76 homes for sale in 98112 as of 2026-08-01, with 20 new listings coming to market. The median list price is $1,469,000, while the typical home value is $1,362,281, down 1.4% over the past year. Homes are spending a median of 45 days on market, and 10.2% of listings have taken a price cut. That is a relatively small share of reduced listings, but values are drifting lower rather than climbing. For a seller, this means pricing carefully from the start matters more than testing the market high.

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