Market Intelligence · WA / Seattle

Seattle, WA 98133 Housing Market

The typical home value in Seattle's 98133 ZIP code is $721,343, down 2.6% over the past year as of September 2026. Homes are listed at a median price of $699,200 and spend a median of 37 days on the market.

Updated September 2026Median value$721K

The median home value in Seattle, WA 98133 is $721K as of September 2026, down 2.6% 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 98133 range

$664K to $779K

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

-2.6% over 12 months

Typical home value in 98133 over the last 12 months: $741K in Sep 2025 to $721K in Sep 2026 (-2.6%).

Sep 2025$741K

Sep 2026$721K

The numbers

What is the 98133 housing market like?

Typical home value

$721K

Down2.6%YoY

Median list price

$699K

Up1.9%MoM

Days on market

37

Down17.8%MoM

Homes for sale

172

Up4.2%MoM

Price cuts

21.0%

Up14.0%MoM

New listings

60

Down11.8%MoM

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

The outlook

98133 housing market forecast 2027

-0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98133 to fall 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 98133 fell 2.6%, per the Zillow Home Value Index.

Will home prices drop in 98133?

Zillow's forecast says they may: it expects typical home values in 98133 to fall 0.8% by September 2027, after a 2.6% 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 98133 home prices compare?

  • 98133$721,343
  • 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, 98133 had 172 homes for sale, with 60 new listings added during the period. The median list price sits at $699,200, below the typical home value of $721,343. Homes are moving in a median of 37 days, so properties are not sitting for months, but they are not flying off the shelf either. About 21.0% of listings have taken a price cut, and values are down 2.6% over the past year. For a seller, the honest read is that pricing realistically from day one matters more than it did a year ago.

Monthly payment

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20% · $144,269

Common questions

What people ask us.

How much is a home in 98133 worth?

The typical home value in 98133 is $721,343 as of September 2026, down 2.6% over the past year.

How long does it take to sell a home in 98133?

Homes in 98133 spend a median of 37 days on the market as of September 2026.

Are sellers cutting prices in 98133?

Yes. As of September 2026, 21.0% of listings in 98133 had a price cut.

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