Market Intelligence · WA / Seattle

Seattle, WA 98115 Housing Market

Homes in Seattle's 98115 ZIP code have a typical value of $1,049,521, down 1.0% over the past year. The median list price stands at $865,988, with homes taking 37 days on market.

Updated August 2026Median value$1050K

The median home value in Seattle, WA 98115 is $1.05M 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 98115 range

$966K to $1.13M

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

Typical home value in 98115 over the last 12 months: $1.06M in Jul 2025 to $1.05M in Jul 2026 (-1.0%).

Jul 2025$1.06M

Jul 2026$1.05M

The numbers

What is the 98115 housing market like?

Typical home value

$1.05M

Down1.0%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 (July 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98115 home prices compare?

  • 98115$1,049,521
  • 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 neighborhood has 151 homes for sale with 74 new listings as of early July 2026. The median time to sell sits at 37 days, which is neither particularly fast nor slow by recent standards. Price cuts appear on 21.4% of listings, suggesting some sellers are adjusting expectations. The slight annual decline in typical home value reflects a market that has cooled from recent peaks. For sellers, this means pricing competitively and being ready to negotiate.

Monthly payment

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20% · $209,904

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