Market Intelligence · WA / Seattle

Seattle, WA 98115 Housing Market

The typical home in Seattle, WA 98115 is worth $1,049,521, down 1.0% over the past year as of 2026-07-01. The median list price is $825,000, and homes are spending a median of 45 days on market. There were 158 homes for sale as of 2026-08-01.

Updated August 2026Median value$1021K

The median home value in Seattle, WA 98115 is $1.02M as of August 2026, down 0.5% 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 98115 range

$940K to $1.1M

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

-0.5% over 12 months

Typical home value in 98115 over the last 12 months: $1.03M in Aug 2025 to $1.02M in Aug 2026 (-0.5%).

Aug 2025$1.03M

Aug 2026$1.02M

The numbers

What is the 98115 housing market like?

Typical home value

$1.02M

Down0.5%YoY

Median list price

$825K

Down4.7%MoM

Days on market

45

Up21.6%MoM

Homes for sale

158

Up4.6%MoM

Price cuts

19.1%

Down10.5%MoM

New listings

56

Down24.3%MoM

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

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The comparison

How do 98115 home prices compare?

  • 98115$1,021,372
  • 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

The typical home value in 98115 is $1,049,521, down 1.0% over the past year. That is a mild decline, not a steep drop, and it puts the market slightly softer than a year ago. Inventory is moderate, with 158 homes for sale and 56 new listings as of 2026-08-01. Homes are taking a median of 45 days to sell, and 19.1% of listings have taken a price cut. For a seller, this means pricing realistically from the start matters more than testing the market high.

Monthly payment

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20% · $204,274

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