Market Intelligence · WA / Seattle

Seattle, WA 98122 Housing Market

In Seattle, WA 98122, the typical home value is $821,024, down 2.5% over the past year. The median list price is $742,000, and homes spend a median 45 days on market. That points to a cooler, price-sensitive market.

Updated August 2026Median value$806K

The median home value in Seattle, WA 98122 is $806K as of August 2026, down 2.3% 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

$742K to $871K

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

-2.3% over 12 months

Typical home value in 98122 over the last 12 months: $825K in Aug 2025 to $806K in Aug 2026 (-2.3%).

Aug 2025$825K

Aug 2026$806K

The numbers

What is the 98122 housing market like?

Typical home value

$806K

Down2.3%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98122 home prices compare?

  • 98122$806,276
  • 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

Seattle, WA 98122 has 122 homes for sale, with 52 new listings adding fresh competition. The median list price is $742,000, while the typical home value is $821,024, down 2.5% over the past year. A median 45 days on market gives buyers some time to compare options. Only 10.0% of listings show a price cut, so reductions are present but not widespread. For a seller, the honest read is that pricing needs to be sharp from day one.

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