Market Intelligence · WA / Seattle

Seattle, WA 98199 Housing Market

The typical home in Seattle ZIP 98199 is valued at $1,249,432, down 0.4% over the past year. The median list price stands at $899,000, with homes spending a median of 39 days on market.

Updated August 2026Median value$1249K

The median home value in Seattle, WA 98199 is $1.25M as of August 2026, down 0.4% 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

$1.15M to $1.35M

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

-0.4% over 12 months

Typical home value in 98199 over the last 12 months: $1.25M in Jul 2025 to $1.25M in Jul 2026 (-0.4%).

Jul 2025$1.25M

Jul 2026$1.25M

The numbers

What is the 98199 housing market like?

Typical home value

$1.25M

Down0.4%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 (July 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98199 home prices compare?

  • 98199$1,249,432
  • 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

As of early July 2026, there are 87 homes for sale in 98199, with 24 new listings added recently. The median list price of $899,000 reflects a gap between asking and typical value. Homes are taking 39 days on the market on average, suggesting a measured pace of sales. About 22.6% of listings have seen a price cut, which is a signal that sellers are adjusting to current buyer interest. If you are considering selling, expect a market where pricing strategy and condition matter more than in years past.

Monthly payment

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20% · $249,886

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