Market Intelligence · WA / Seattle

Seattle, WA 98199 Housing Market

The typical home value in Seattle's 98199 ZIP code is $1,205,254 as of September 2026, up 0.1% over the past year. The median list price stands at $968,250, and homes spend a median of 42 days on the market.

Updated September 2026Median value$1205K

The median home value in Seattle, WA 98199 is $1.21M as of September 2026, up 0.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Seattle home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 98199 range

$1.11M to $1.3M

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 98199 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Seattle, WA.

12-month value trend

+0.1% over 12 months

Sep 2025$1.2M

Low $1.2MHigh $1.23M

Sep 2026$1.21M

The numbers

What is the 98199 housing market like?

As of September 2026

Typical home value

$1.21M

0.1%YoY

Median list price

$968K

7.9%MoM

Days on market

5.0%MoM

Homes for sale

102

8.5%MoM

Price cuts

17.0%

7.4%MoM

New listings

43.8%MoM

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

The outlook

98199 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 98199 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 98199 rose 0.1%, per the Zillow Home Value Index.

Will home prices drop in 98199?

Zillow's forecast says they may: it expects typical home values in 98199 to fall 0.6% by September 2027, after a 0.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 98199 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 98199 home prices compare?

98199$1,205,254
Seattle$747,178
Washington$496,668
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Seattle: 33 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

Sellers in 98199 face a market with 102 homes for sale and 46 new listings arriving as of September 2026. The typical home value of $1,205,254 has held nearly flat, rising 0.1% over the past year. Meanwhile, 17.0% of listings have taken a price cut, and homes sit for a median of 42 days before selling. Buyers have room to negotiate, and sellers should price carefully from the start. The data points to a market where realistic pricing matters more than testing the ceiling.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $241,051

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 98199 worth?

The typical home value in 98199 is $1,205,254 as of September 2026, up 0.1% over the past year.

How long do homes take to sell in 98199?

Homes in 98199 spend a median of 42 days on the market as of September 2026.

Are sellers cutting prices in 98199?

Yes, 17.0% of listings in 98199 had a price cut as of September 2026.

Discover

Nearby ZIP markets.

Keep reading