Market Intelligence · WA / Seattle

Seattle, WA 98117 Housing Market

The typical home value in Seattle's 98117 ZIP is $978,686, down 0.1% over the past year. The median list price stands at $874,900, with homes taking a median of 34 days on the market.

Updated August 2026Median value$979K

The median home value in Seattle, WA 98117 is $979K as of August 2026, down 0.1% 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 98117 range

$900K to $1.06M

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 98117 market stats. Unsubscribe anytime.

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

12-month value trend

-0.1% over 12 months

Typical home value in 98117 over the last 12 months: $979K in Jul 2025 to $979K in Jul 2026 (-0.1%).

Jul 2025$979K

Jul 2026$979K

The numbers

What is the 98117 housing market like?

Typical home value

$979K

Down0.1%YoY

Median list price

$890K

Up1.7%MoM

Days on market

40

Up17.6%MoM

Homes for sale

97

Up2.1%MoM

Price cuts

10.8%

Up18.7%MoM

New listings

44

Down8.3%MoM

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

Free home value report

See what your 98117 home is worth.

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

The comparison

How do 98117 home prices compare?

  • 98117$978,686
  • 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 95 homes for sale in the area as of July 2026, with 48 new listings on the market. About 9.1% of listings have received a price cut. The median days on market of 34 suggests moderate buyer interest, though the slight yearly decline in home values indicates a market tilted toward caution. Sellers should be realistic about pricing and prepared for a slower sales process.

Monthly payment

Estimate your monthly payment.

20% · $195,737

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.