Market Intelligence · WA / Seattle

Seattle, WA 98121 Housing Market

The typical home value in Seattle, WA 98121 is $533,258, down 6.1% over the past year. The median list price is $525,000, and homes are spending a median of 59 days on the market.

Updated August 2026Median value$533K

The median home value in Seattle, WA 98121 is $533K as of August 2026, down 6.1% 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 98121 range

$491K to $576K

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 98121 market stats. Unsubscribe anytime.

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

12-month value trend

-6.1% over 12 months

Typical home value in 98121 over the last 12 months: $568K in Aug 2025 to $533K in Aug 2026 (-6.1%).

Aug 2025$568K

Aug 2026$533K

The numbers

What is the 98121 housing market like?

Typical home value

$533K

Down6.1%YoY

Median list price

$525K

Flat0.0%MoM

Days on market

59

Flat0.0%MoM

Homes for sale

150

Down5.7%MoM

Price cuts

21.1%

Down5.1%MoM

New listings

32

Up23.1%MoM

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

Free home value report

See what your 98121 home is worth.

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

The comparison

How do 98121 home prices compare?

  • 98121$533,258
  • 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 are 150 homes for sale, with 32 new listings adding fresh choices for buyers. The median list price is $525,000, while the typical home value is $533,258 and is down 6.1% over the past year. With a median of 59 days on market and 21.1% of listings showing a price cut, sellers should expect buyers to compare options and negotiate. Pricing needs to match the market, not last year's peak.

Monthly payment

Estimate your monthly payment.

20% · $106,652

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.