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Madison Park

SEATTLE, WA 98112

Real Estate Market Report  ·  King County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
59
vs 59 last year
Pending
11
19% pending ratio
Median Price
$1,198,000
⇩ 9.6% vs $1,325,000 last year
Average Price
$3,538,203
⇧ 21.5% vs $2,911,178 last year
Days on Market
92
⇧ 10.8% vs 83 days last year

Market Context

Population: 23,456  ·  Density: 2,826.6/mi²  ·  Median household income: $153,204

Typical home value: $1,272,050  ·  Homeownership: 63.1%

Market Analysis

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

The SEATTLE, WA real estate market (98112) currently shows 59 active listings, with 11 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 92 days on market compared to 83 days last year.

The median listing price has fallen 9.6% year-over-year, from $1,325,000 to $1,198,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 92 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $1,198,000 (-9.6% YoY)
  • Average: $3,538,203 (+21.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.4 miles — 1,072 listings ($1,877,893,427 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98112Seattle, WA 981120.0 mi59$208,753,977$1,198,000$3,538,203
98102Seattle, WA 981021.7 mi78$84,678,594$835,950$1,085,623
98039Medina, WA 980392.2 mi11$130,808,227$8,812,500$11,891,657
98109Seattle, WA 981092.7 mi83$66,077,047$662,000$796,109
98104Seattle, WA 981043.0 mi60$50,615,940$499,950$843,599
98144Seattle, WA 981443.2 mi83$62,686,580$699,000$755,260
98103Seattle, WA 981033.8 mi121$107,838,588$877,500$891,228
98004Bellevue, WA 980043.9 mi127$537,749,623$1,799,450$4,234,249
98107Seattle, WA 981074.9 mi73$63,613,660$797,950$871,420
98033Kirkland, WA 980335.3 mi183$363,098,901$1,609,950$1,984,147
98005Bellevue, WA 980055.7 mi48$90,889,344$1,546,500$1,893,528
98125Seattle, WA 981255.9 mi85$69,760,265$704,139$820,709
98108Seattle, WA 981086.4 mi61$41,322,681$640,000$677,421

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98112?

As of January 2026, there are 59 active listings in SEATTLE, WA (zip code 98112), compared to 59 the prior year.

What is the median home price in SEATTLE, WA 98112?

The median listing price in SEATTLE, WA 98112 is $1,198,000 as of January 2026, a 9.6% decrease from $1,325,000 the prior year.

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

Homes in SEATTLE, WA 98112 spend an average of 92 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98112?

Based on current inventory and days-on-market data as of January 2026, SEATTLE, WA 98112 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 92 days on market compared to 83 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 98112 save an estimated $23,960 compared to a typical 5% commission on the median listing price of $1,198,000. 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.