Market Intelligence · WA / Seattle

Seattle, WA 98121 Housing Market

The typical home value in Seattle's 98121 ZIP is $555,593, down 5.0% over the past year. The median list price sits at $536,250, and homes are taking a median of 54 days on market as of June 1, 2026.

Updated June 2026Median value$556K

The median home value in Seattle, WA 98121 is $556K as of June 2026, down 5.0% 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 98121 range

$511K to $600K

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

-5.0% over 12 months

Typical home value in 98121 over the last 12 months: $585K in Jun 2025 to $556K in Jun 2026 (-5.0%).

Jun 2025$585K

Jun 2026$556K

The numbers

What is the 98121 housing market like?

Typical home value

$556K

Down5.0%YoY

Median list price

$536K

Days on market

54

Up27.1%MoM

Homes for sale

168

Price cuts

19.7%

New listings

48

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

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The comparison

How do 98121 home prices compare?

  • 98121$555,593
  • Seattle$763,778
  • Washington$508,607
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Seattle: 33 ZIPs; Washington: 485 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 168 homes for sale in 98121, with 48 new listings added. The typical home value is $555,593, down 5.0% over the past year. Homes are spending a median of 54 days on market, and 19.7% of listings have had a price cut. Sellers should expect a slower pace here and price carefully from the start, since buyers have options and time to negotiate.

Monthly payment

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20% · $111,119

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