Market Intelligence · WA / Seattle

Seattle, WA 98112 Housing Market

Typical home value in Seattle's 98112 ZIP code is $1,362,281, down 1.4% over the past year. The median list price sits at $1,506,250, with homes taking a median 41 days on market.

Updated August 2026Median value$1362K

The median home value in Seattle, WA 98112 is $1.36M as of August 2026, down 1.4% 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.

Get a cash offer

Sell without the wait

Sell your Seattle home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 98112 range

$1.25M to $1.47M

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 98112 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Seattle, WA.

12-month value trend

-1.4% over 12 months

Typical home value in 98112 over the last 12 months: $1.38M in Jul 2025 to $1.36M in Jul 2026 (-1.4%).

Jul 2025$1.38M

Jul 2026$1.36M

The numbers

What is the 98112 housing market like?

Typical home value

$1.36M

Down1.4%YoY

Median list price

$1.47M

Down2.5%MoM

Days on market

45

Up9.8%MoM

Homes for sale

76

Up1.3%MoM

Price cuts

10.2%

Up41.8%MoM

New listings

20

Down28.6%MoM

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

Free home value report

See what your 98112 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 98112 home prices compare?

  • 98112$1,362,281
  • 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

The area has 75 homes for sale as of early July 2026, with 28 new listings entering the market. Median days on market of 41 suggests steady buyer interest, though not exceptional competition for inventory. Price cuts appear on 7.2% of listings, a modest share that reflects the broader softness in valuations. The year-over-year decline in typical home value indicates the market is still adjusting downward. Sellers should expect realistic pricing to be more important than ever.

Monthly payment

Estimate your monthly payment.

20% · $272,456

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.