Market Intelligence · WA / Seattle

Seattle, WA 98198 Housing Market

The typical home in Seattle's 98198 ZIP code is worth about $600,313, down 1.2% over the past year. The median list price sits at $572,250, and homes are taking a median of 34 days on market as of June 1, 2026.

Updated June 2026Median value$600K

The median home value in Seattle, WA 98198 is $600K as of June 2026, down 1.2% 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 98198 range

$552K to $648K

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

-1.2% over 12 months

Typical home value in 98198 over the last 12 months: $607K in Jun 2025 to $600K in Jun 2026 (-1.2%).

Jun 2025$607K

Jun 2026$600K

The numbers

What is the 98198 housing market like?

Typical home value

$600K

Down1.2%YoY

Median list price

$572K

Days on market

34

Up325.0%MoM

Homes for sale

86

Price cuts

17.3%

New listings

50

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

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The comparison

How do 98198 home prices compare?

  • 98198$600,313
  • 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 86 homes for sale in 98198, with 50 new listings added recently. The median list price is $572,250, and the typical home value stands at $600,313, down 1.2% over the past year. Homes are spending a median of 34 days on market, and 17.3% of listings have had a price cut. For sellers, the softer value trend means pricing carefully from the start matters more than testing a high number and adjusting later.

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