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SEATTLE, WA 98117

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

Market Overview

Active Listings
97
⇧ 16.9% vs 83 last year
Pending
34
35% pending ratio
Median Price
$779,000
⇩ 7.3% vs $839,950 last year
Average Price
$888,408
⇩ 7.9% vs $964,286 last year
Days on Market
66
⇧ 4.8% vs 63 days last year

Market Context

Population: 36,115  ·  Density: 3,600.4/mi²  ·  Median household income: $166,029

Typical home value: $957,839  ·  Homeownership: 69.8%

Market Analysis

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

The SEATTLE, WA real estate market (98117) currently shows 97 active listings, with 34 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 66 days on market compared to 63 days last year.

The median listing price has fallen 7.3% year-over-year, from $839,950 to $779,000.

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
  • Listings: 97 this year vs 83 last year
  • Days on market: 66 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $779,000 (-7.3% YoY)
  • Average: $888,408 (-7.9% 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 8.0 miles — 906 listings ($1,058,727,157 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98117Seattle, WA 981170.0 mi97$86,175,576$779,000$888,408
98103Seattle, WA 981032.1 mi121$107,838,588$877,500$891,228
98119Seattle, WA 981193.4 mi79$79,467,285$688,500$1,005,915
98133Seattle, WA 981334.0 mi107$77,327,509$695,000$722,687
98125Seattle, WA 981254.3 mi85$69,760,265$704,139$820,709
98115Seattle, WA 981154.6 mi90$97,122,960$893,500$1,079,144
98121Seattle, WA 981215.3 mi109$86,444,630$593,500$793,070
98112Seattle, WA 981125.8 mi59$208,753,977$1,198,000$3,538,203
98164Seattle, WA 981646.1 mi7$4,796,155$704,950$685,165
98122Seattle, WA 981226.7 mi111$93,734,949$824,000$844,459
98039Medina, WA 980397.6 mi11$130,808,227$8,812,500$11,891,657
98342Indianola, WA 983427.9 mi2$1,250,000$625,000$625,000
98043Mountlake Terrace, WA 980438.0 mi28$15,247,036$449,950$544,537

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98117?

As of January 2026, there are 97 active listings in SEATTLE, WA (zip code 98117), compared to 83 the prior year.

What is the median home price in SEATTLE, WA 98117?

The median listing price in SEATTLE, WA 98117 is $779,000 as of January 2026, a 7.3% decrease from $839,950 the prior year.

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

Homes in SEATTLE, WA 98117 spend an average of 66 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98117?

Based on current inventory and days-on-market data as of January 2026, SEATTLE, WA 98117 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 63 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 98117 save an estimated $15,580 compared to a typical 5% commission on the median listing price of $779,000. 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.