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Columbia City Duwamish Georgetown Highland Park Holly Park Holly Park (Beacon Hill) Industrial District Mid Beacon Hill Mid-Beacon Hill North Beacon Hill South Beacon Hill South Park Van Asselt White Center

SEATTLE, WA 98108

Real Estate Market Report  ·  King County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 98108

Columbia City · Duwamish · Georgetown · Highland Park · Holly Park · Holly Park (Beacon Hill) · Industrial District · Mid Beacon Hill · Mid-Beacon Hill · North Beacon Hill · South Beacon Hill · South Park · Van Asselt · White Center

Market Analysis

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

The SEATTLE, WA real estate market (98108) currently shows 79 active listings, with 17 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 30 days last year.

The median listing price has fallen 10.4% year-over-year, from $682,475 to $611,238.

Whether you are buying or selling in SEATTLE, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,762  ·  Density: 1,243.6/mi²  ·  Median household income: $90,179

Typical home value: $676,667  ·  Homeownership: 56.7%

Market Overview

Active Listings
79
⇧ 58% vs 50 last year
Pending
17
22% pending ratio
Median Price
$611,238
⇩ 10.4% vs $682,475 last year
Average Price
$686,837
⇩ 7.5% vs $742,864 last year
Days on Market
36
⇧ 20% vs 30 days last year

Price Per Square Foot

Median $/sqft
$474
⇧ 3% vs $460/sqft last year
Median Home Size
1,451 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 50 last year
  • Days on market: 36 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $611,238 (-10.4% YoY)
  • Average: $686,837 (-7.5% 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 7.2 miles — 799 listings ($1,118,547,550 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98108Seattle, WA 981080.0 mi68$47,384,712$636,488$696,834
98118Seattle, WA 981182.0 mi115$93,812,400$685,250$815,760
98144Seattle, WA 981443.2 mi98$76,830,628$744,250$783,986
98136Seattle, WA 981363.6 mi39$37,073,790$794,500$950,610
98040Mercer Island, WA 980404.1 mi43$219,186,824$3,441,250$5,097,368
98178Seattle, WA 981784.2 mi75$66,495,750$744,475$886,610
98164Seattle, WA 981644.6 mi8$5,525,368$673,225$690,671
98101Seattle, WA 981014.9 mi105$134,432,235$688,500$1,280,307
98056Renton, WA 980566.1 mi94$118,999,958$1,067,970$1,265,957
98109Seattle, WA 981096.4 mi95$75,018,650$648,000$789,670
98057Renton, WA 980576.5 mi27$13,408,173$393,697$496,599
98148Seattle, WA 981486.7 mi11$5,739,437$587,488$521,767
98039Medina, WA 980397.2 mi21$224,639,625$6,847,500$10,697,125

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98108?

As of March 2026, there are 79 active listings in SEATTLE, WA (zip code 98108), compared to 50 the prior year.

What is the median home price in SEATTLE, WA 98108?

The median listing price in SEATTLE, WA 98108 is $611,238 as of March 2026, a 10.4% decrease from $682,475 the prior year.

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

Homes in SEATTLE, WA 98108 spend an average of 36 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98108?

Based on current inventory and days-on-market data as of March 2026, SEATTLE, WA 98108 is currently a Buyer's Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 30 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 98108 save an estimated $12,225 compared to a typical 5% commission on the median listing price of $611,238. 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.