Market Intelligence · WA / Seattle

Seattle, WA 98122 Housing Market

Seattle's 98122 ZIP has a typical home value of $821,024, down 2.5% over the past year. The median list price stands at $715,000, with homes spending 38 days on market.

Updated August 2026Median value$821K

The median home value in Seattle, WA 98122 is $821K as of August 2026, down 2.5% 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 98122 range

$755K to $887K

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

-2.5% over 12 months

Typical home value in 98122 over the last 12 months: $842K in Jul 2025 to $821K in Jul 2026 (-2.5%).

Jul 2025$842K

Jul 2026$821K

The numbers

What is the 98122 housing market like?

Typical home value

$821K

Down2.5%YoY

Median list price

$742K

Up3.8%MoM

Days on market

45

Up18.4%MoM

Homes for sale

122

Up5.2%MoM

Price cuts

10.0%

Down14.6%MoM

New listings

52

Up23.8%MoM

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

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The comparison

How do 98122 home prices compare?

  • 98122$821,024
  • 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 market in 98122 shows modest inventory, with 116 homes for sale and 42 new listings as of July 2026. The median days on market of 38 suggests moderate demand. About 11.7% of listings have seen a price cut, indicating some seller adjustments. Given the year-over-year decline in typical home value, sellers should expect a measured pace and may need to price realistically to attract buyers.

Monthly payment

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20% · $164,205

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