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Cascade East Queen Anne Lower Queen Anne North Queen Anne Queen Anne South Lake Union Westlake

SEATTLE, WA 98109

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

Neighborhoods in ZIP 98109

Cascade · East Queen Anne · Lower Queen Anne · North Queen Anne · Queen Anne · South Lake Union · Westlake

Market Analysis

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

The SEATTLE, WA real estate market (98109) currently shows 113 active listings, with 20 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 32 days last year.

The median listing price has risen 17.6% year-over-year, from $550,000 to $647,000.

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: 32,251  ·  Density: 6,436.5/mi²  ·  Median household income: $124,408

Typical home value: $894,162  ·  Homeownership: 21.9%

Market Overview

Active Listings
113
⇧ 7.6% vs 105 last year
Pending
20
18% pending ratio
Median Price
$647,000
⇧ 17.6% vs $550,000 last year
Average Price
$843,151
⇧ 8% vs $780,425 last year
Days on Market
38
⇧ 18.8% vs 32 days last year

Price Per Square Foot

Median $/sqft
$600
⇩ 7.7% vs $650/sqft last year
Median Home Size
1,037 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 113 this year vs 105 last year
  • Days on market: 38 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $647,000 (+17.6% YoY)
  • Average: $843,151 (+8% 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 6.9 miles — 1,289 listings ($1,936,043,702 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98109Seattle, WA 981090.0 mi95$75,018,650$648,000$789,670
98121Seattle, WA 981211.1 mi117$93,275,910$596,000$797,230
98101Seattle, WA 981011.5 mi105$134,432,235$688,500$1,280,307
98104Seattle, WA 981042.2 mi70$59,865,750$502,450$855,225
98122Seattle, WA 981222.7 mi129$108,375,480$803,438$840,120
98107Seattle, WA 981072.9 mi94$79,050,616$779,238$840,964
98105Seattle, WA 981053.5 mi91$158,393,144$967,450$1,740,584
98117Seattle, WA 981174.3 mi121$110,936,309$831,975$916,829
98115Seattle, WA 981154.7 mi114$144,776,580$965,225$1,269,970
98126Seattle, WA 981266.0 mi54$36,449,514$645,000$674,991
98125Seattle, WA 981256.3 mi110$92,331,250$748,963$839,375
98004Bellevue, WA 980046.6 mi146$623,951,440$1,998,750$4,273,640
98040Mercer Island, WA 980406.9 mi43$219,186,824$3,441,250$5,097,368

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98109?

As of March 2026, there are 113 active listings in SEATTLE, WA (zip code 98109), compared to 105 the prior year.

What is the median home price in SEATTLE, WA 98109?

The median listing price in SEATTLE, WA 98109 is $647,000 as of March 2026, a 17.6% increase from $550,000 the prior year.

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

Homes in SEATTLE, WA 98109 spend an average of 38 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98109?

Based on current inventory and days-on-market data as of March 2026, SEATTLE, WA 98109 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 32 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 98109 save an estimated $12,940 compared to a typical 5% commission on the median listing price of $647,000. 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.