Market Intelligence · WA / Seattle

Seattle, WA 98126 Housing Market

The typical home value in Seattle, WA 98126 is $732,462, down 2.0% over the past year as of September 2026. The median list price is $695,750, and homes are spending a median of 40 days on market.

Updated September 2026Median value$732K

The median home value in Seattle, WA 98126 is $732K as of September 2026, down 2.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 98126 range

$674K to $791K

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

-2.0% over 12 months

Sep 2025$747K

Low $732KHigh $757K

Sep 2026$732K

The numbers

What is the 98126 housing market like?

As of September 2026

Typical home value

$732K

2.0%YoY

Median list price

$696K

0.5%MoM

Days on market

9.1%MoM

Homes for sale

18.2%MoM

Price cuts

21.9%

15.5%MoM

New listings

91.7%MoM

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

The outlook

98126 housing market forecast 2027

-0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98126 to fall 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 98126 fell 2.0%, per the Zillow Home Value Index.

Will home prices drop in 98126?

Zillow's forecast says they may: it expects typical home values in 98126 to fall 0.7% by September 2027, after a 2.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 98126 home prices compare?

98126$732,462
Seattle$747,178
Washington$496,668
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Seattle: 33 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 78 homes for sale in 98126, with 46 new listings hitting the market. The median list price sits at $695,750, and the median days on market is 40, which suggests homes are moving at a steady but not rushed pace. About 21.9% of listings have taken a price cut, a sign that some sellers are adjusting expectations. With the typical home value at $732,462 and down 2.0% over the past year, sellers should price realistically from the start and expect buyers to negotiate.

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Down payment20% · $146,492

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Common questions

What people ask us.

How much is a home in 98126 worth?

The typical home value in 98126 is $732,462 as of September 2026, down 2.0% over the past year.

How long does it take to sell a home in 98126?

The median days on market in 98126 is 40 as of September 2026.

What are homes listed for in 98126?

The median list price in 98126 is $695,750 as of September 2026, and 21.9% of listings have had a price cut.

Discover

Nearby ZIP markets.

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