Market Intelligence · WA / Seattle

Seattle, WA 98148 Housing Market

The typical home value in Seattle's 98148 ZIP code is $611,038, down 1.0% over the past year. The median list price sits at $609,988, and homes are taking a median of 33 days on market as of June 2026.

Updated June 2026Median value$611K

The median home value in Seattle, WA 98148 is $611K as of June 2026, down 1.0% 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 98148 range

$562K to $660K

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

-1.0% over 12 months

Typical home value in 98148 over the last 12 months: $617K in Jun 2025 to $611K in Jun 2026 (-1.0%).

Jun 2025$617K

Jun 2026$611K

The numbers

What is the 98148 housing market like?

Typical home value

$611K

Down1.0%YoY

Median list price

$610K

Days on market

33

Up266.7%MoM

Homes for sale

8

Price cuts

23.5%

New listings

4

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

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The comparison

How do 98148 home prices compare?

  • 98148$611,038
  • 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 8 homes for sale in 98148, with 4 new listings added recently. The median list price is $609,988, and the typical home value is $611,038, down 1.0% over the past year. Homes are spending a median of 33 days on market, and 23.5% of listings have had a price cut. For sellers, this points to a softer market where pricing carefully and preparing for some negotiation matters.

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