Market Intelligence · WA / Seattle

Seattle, WA 98199 Housing Market

In Seattle's 98199, the typical home value is $1,249,432, down 0.4% over the past year. The median list price is $897,000, and homes spend a median of 40 days on market. That points to a high value market with measured, not frantic, movement.

Updated August 2026Median value$1224K

The median home value in Seattle, WA 98199 is $1.22M as of August 2026, up 0.1% 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 98199 range

$1.13M to $1.32M

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

+0.1% over 12 months

Typical home value in 98199 over the last 12 months: $1.22M in Aug 2025 to $1.22M in Aug 2026 (+0.1%).

Aug 2025$1.22M

Aug 2026$1.22M

The numbers

What is the 98199 housing market like?

Typical home value

$1.22M

Up0.1%YoY

Median list price

$897K

Down0.2%MoM

Days on market

40

Up2.6%MoM

Homes for sale

94

Up8.0%MoM

Price cuts

15.8%

Down30.2%MoM

New listings

32

Up33.3%MoM

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

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The comparison

How do 98199 home prices compare?

  • 98199$1,223,551
  • Seattle$757,125
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Seattle: 33 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

There are 94 homes for sale in 98199, with 32 new listings adding fresh competition. The median list price is $897,000 while the typical home value is $1,249,432, down 0.4% over the past year. A median of 40 days on market gives buyers time to compare, and 15.8% of listings have taken a price cut. The gap between asking and typical value means some listings may be aiming above what recent values support. For a seller, the practical edge is realistic pricing and clean presentation rather than testing the market.

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