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SEATTLE, WA 98117

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

Neighborhoods in ZIP 98117

Ballard · Blue Ridge · Crown Hill · Greenwood · Loyal Heights · North Beach · North Beach (Blue Ridge) · North Beach/Blue Ridge · Phinney Ridge · Sunset Hill · Whittier Heights

Market Analysis

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

The SEATTLE, WA real estate market (98117) currently shows 124 active listings, with 56 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 24 days on market compared to 31 days last year.

The median listing price has fallen 4.9% year-over-year, from $838,745 to $797,475.

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

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

Market Overview

Active Listings
124
⇧ 4.2% vs 119 last year
Pending
56
45% pending ratio
Median Price
$797,475
⇩ 4.9% vs $838,745 last year
Average Price
$958,577
⇩ 1% vs $968,669 last year
Days on Market
24
⇩ 22.6% vs 31 days last year

Price Per Square Foot

Median $/sqft
$593
⇧ 1.7% vs $583/sqft last year
Median Home Size
1,448 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 124 this year vs 119 last year
  • Days on market: 24 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $797,475 (-4.9% YoY)
  • Average: $958,577 (-1% 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 8.0 miles — 1,107 listings ($1,378,575,465 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98117Seattle, WA 981170.0 mi121$110,936,309$831,975$916,829
98103Seattle, WA 981032.1 mi152$144,977,752$932,500$953,801
98119Seattle, WA 981193.4 mi91$83,152,797$607,250$913,767
98133Seattle, WA 981334.0 mi126$87,278,688$692,475$692,688
98125Seattle, WA 981254.3 mi110$92,331,250$748,963$839,375
98115Seattle, WA 981154.6 mi114$144,776,580$965,225$1,269,970
98121Seattle, WA 981215.3 mi117$93,275,910$596,000$797,230
98112Seattle, WA 981125.8 mi77$260,784,986$1,185,750$3,386,818
98164Seattle, WA 981646.1 mi8$5,525,368$673,225$690,671
98122Seattle, WA 981226.7 mi129$108,375,480$803,438$840,120
98039Medina, WA 980397.6 mi21$224,639,625$6,847,500$10,697,125
98342Indianola, WA 983427.9 mi1$625,000$625,000$625,000
98043Mountlake Terrace, WA 980438.0 mi40$21,895,720$462,488$547,393

Frequently Asked Questions

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

As of March 2026, there are 124 active listings in SEATTLE, WA (zip code 98117), compared to 119 the prior year.

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

The median listing price in SEATTLE, WA 98117 is $797,475 as of March 2026, a 4.9% decrease from $838,745 the prior year.

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

Homes in SEATTLE, WA 98117 spend an average of 24 days on the market before going under contract, compared to 31 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 March 2026, SEATTLE, WA 98117 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 24 days on market compared to 31 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 $15,950 compared to a typical 5% commission on the median listing price of $797,475. 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.