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SEATTLE, WA 98104

Real Estate Market Report  ·  King County
Seller's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98104

CBD · Chinatown · Chinatown-International District · Downtown · First Hill · International District · SoDo · Yesler Terrace

Market Analysis

Data as of September 2026. Source: Realtor.com.

The SEATTLE, WA real estate market (98104) currently shows 67 active listings, with 8 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 50 days on market compared to 70 days last year.

The median listing price has fallen 0.6% year-over-year, from $499,950 to $497,000.

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Market Context

Market Context

Population: 15,052  ·  Density: 6,147.8/mi²  ·  Median household income: $63,621

Typical home value: $707,369  ·  Homeownership: 10.1%

Market Overview

Active Listings
67
⇩ 1.5% vs 68 last year
Pending
8
12% pending ratio
Median Price
$497,000
⇩ 0.6% vs $499,950 last year
Average Price
$834,112
⇧ 14% vs $731,694 last year
Days on Market
50
⇩ 28.6% vs 70 days last year

Price Per Square Foot

Median $/sqft
$598
⇩ 9.4% vs $660/sqft last year
Median Home Size
945 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 67 this year vs 68 last year
  • Days on market: 50 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $497,000 (-0.6% YoY)
  • Average: $834,112 (+14% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 1,247 listings ($2,139,905,970 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98104Seattle, WA 981040.0 mi70$59,865,750$502,450$855,225
98101Seattle, WA 981010.8 mi105$134,432,235$688,500$1,280,307
98122Seattle, WA 981221.7 mi129$108,375,480$803,438$840,120
98109Seattle, WA 981092.2 mi95$75,018,650$648,000$789,670
98112Seattle, WA 981123.0 mi77$260,784,986$1,185,750$3,386,818
98116Seattle, WA 981163.5 mi72$87,159,384$845,963$1,210,547
98108Seattle, WA 981084.2 mi68$47,384,712$636,488$696,834
98105Seattle, WA 981054.7 mi91$158,393,144$967,450$1,740,584
98199Seattle, WA 981994.9 mi78$109,439,304$1,031,238$1,403,068
98103Seattle, WA 981035.1 mi152$144,977,752$932,500$953,801
98040Mercer Island, WA 980405.2 mi43$219,186,824$3,441,250$5,097,368
98004Bellevue, WA 980045.9 mi146$623,951,440$1,998,750$4,273,640
98117Seattle, WA 981176.5 mi121$110,936,309$831,975$916,829

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98104?

As of September 2026, there are 67 active listings in SEATTLE, WA (zip code 98104), compared to 68 the prior year.

What is the median home price in SEATTLE, WA 98104?

The median listing price in SEATTLE, WA 98104 is $497,000 as of September 2026, a 0.6% decrease from $499,950 the prior year.

How long do homes stay on the market in SEATTLE, WA?

Homes in SEATTLE, WA 98104 spend an average of 50 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98104?

Based on current inventory and days-on-market data as of September 2026, SEATTLE, WA 98104 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 50 days on market compared to 70 days last year.

How much can I save on real estate commission in SEATTLE, WA?

With SELL123.com's maximum 3% commission, sellers in SEATTLE, WA 98104 save an estimated $9,940 compared to a typical 5% commission on the median listing price of $497,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.