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Lakeridge

SEATTLE, WA 98178

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

Market Overview

Active Listings
71
⇧ 31.5% vs 54 last year
Pending
21
30% pending ratio
Median Price
$707,450
⇩ 8.3% vs $771,250 last year
Average Price
$840,062
⇩ 11.3% vs $947,294 last year
Days on Market
85
⇧ 10.4% vs 77 days last year

Market Context

Population: 26,760  ·  Density: 2,108.1/mi²  ·  Median household income: $96,875

Typical home value: $588,617  ·  Homeownership: 67.3%

Market Analysis

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

The SEATTLE, WA real estate market (98178) currently shows 71 active listings, with 21 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 77 days last year.

The median listing price has fallen 8.3% year-over-year, from $771,250 to $707,450.

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: 71 this year vs 54 last year
  • Days on market: 85 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $707,450 (-8.3% YoY)
  • Average: $840,062 (-11.3% 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 — 572 listings ($657,275,866 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98178Seattle, WA 981780.0 mi71$59,644,402$707,450$840,062
98168Seattle, WA 981682.6 mi55$34,182,665$599,000$621,503
98118Seattle, WA 981183.1 mi97$81,722,791$693,000$842,503
98055Renton, WA 980554.1 mi29$17,106,230$500,000$589,870
98040Mercer Island, WA 980404.7 mi35$179,184,565$3,395,000$5,119,559
98148Seattle, WA 981485.2 mi15$9,379,755$629,000$625,317
98166Seattle, WA 981665.8 mi24$31,697,328$855,000$1,320,722
98006Bellevue, WA 980066.1 mi49$103,341,392$1,792,500$2,109,008
98134Seattle, WA 981346.8 mi2$750,000$375,000$375,000
98031Kent, WA 980316.9 mi44$31,428,848$698,975$714,292
98136Seattle, WA 981367.1 mi32$27,332,736$774,950$854,148
98198Seattle, WA 981987.8 mi59$30,889,214$492,000$523,546
98104Seattle, WA 981048.0 mi60$50,615,940$499,950$843,599

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98178?

As of January 2026, there are 71 active listings in SEATTLE, WA (zip code 98178), compared to 54 the prior year.

What is the median home price in SEATTLE, WA 98178?

The median listing price in SEATTLE, WA 98178 is $707,450 as of January 2026, a 8.3% decrease from $771,250 the prior year.

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

Homes in SEATTLE, WA 98178 spend an average of 85 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98178?

Based on current inventory and days-on-market data as of January 2026, SEATTLE, WA 98178 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 77 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 98178 save an estimated $14,149 compared to a typical 5% commission on the median listing price of $707,450. 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.