Home ValuePros

Market Intelligence · WA / Seattle

Seattle, WA 98188 Housing Market

The typical home value in Seattle's 98188 ZIP is $592,101, holding flat over the past year. The median list price stands at $581,000, with homes taking a median of 49 days to sell.

Updated August 2026Median value$592K

The median home value in Seattle, WA 98188 is $592K as of August 2026, little changed 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 98188 range

$545K to $639K

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

+0.0% over 12 months

Typical home value in 98188 over the last 12 months: $592K in Jul 2025 to $592K in Jul 2026 (+0.0%).

Jul 2025$592K

Jul 2026$592K

The numbers

What is the 98188 housing market like?

Typical home value

$592K

Flat0.0%YoY

Median list price

$572K

Down1.5%MoM

Days on market

45

Down8.2%MoM

Homes for sale

40

Flat0.0%MoM

Price cuts

23.9%

Up52.8%MoM

New listings

16

Flat0.0%MoM

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

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The comparison

How do 98188 home prices compare?

  • 98188$592,101
  • 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

There are 40 homes currently for sale in this area, with 16 new listings as of early July 2026. The median time on market of 49 days suggests a balanced pace, neither rushed nor stalled. A notable 15.6% of listings have seen price cuts, which often signals that some sellers are adjusting expectations to market conditions. With values unchanged year-over-year despite these adjustments, the market appears to be stabilizing rather than accelerating. If you're considering selling, expect that pricing strategy and condition will matter more than market tailwinds.

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20% · $118,420

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