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Allentown Bryn Mawr Duwamish Lakeridge Rainier Beach Rainier Valley Rainier View Ranier Beach Ranier View Skyway (Ranier Beach)

SEATTLE, WA 98178

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

Neighborhoods in ZIP 98178

Allentown · Bryn Mawr · Duwamish · Lakeridge · Rainier Beach · Rainier Valley · Rainier View · Ranier Beach · Ranier View · Skyway (Ranier Beach)

Market Analysis

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

The SEATTLE, WA real estate market (98178) currently shows 76 active listings, with 25 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 38 days last year.

The median listing price has fallen 2.3% year-over-year, from $757,000 to $739,713.

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

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

Market Overview

Active Listings
76
⇧ 10.1% vs 69 last year
Pending
25
33% pending ratio
Median Price
$739,713
⇩ 2.3% vs $757,000 last year
Average Price
$899,390
⇧ 0.5% vs $894,903 last year
Days on Market
48
⇧ 26.3% vs 38 days last year

Price Per Square Foot

Median $/sqft
$397
⇩ 5.7% vs $421/sqft last year
Median Home Size
1,933 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 76 this year vs 69 last year
  • Days on market: 48 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $739,713 (-2.3% YoY)
  • Average: $899,390 (+0.5% 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
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 8.4 miles — 805 listings ($940,110,352 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98178Seattle, WA 981780.0 mi75$66,495,750$744,475$886,610
98168Seattle, WA 981682.6 mi68$43,674,156$608,500$642,267
98118Seattle, WA 981183.1 mi115$93,812,400$685,250$815,760
98055Renton, WA 980554.1 mi32$20,268,704$605,000$633,397
98040Mercer Island, WA 980404.7 mi43$219,186,824$3,441,250$5,097,368
98148Seattle, WA 981485.2 mi11$5,739,437$587,488$521,767
98166Seattle, WA 981665.8 mi35$44,093,665$871,750$1,259,819
98006Bellevue, WA 980066.1 mi90$200,159,550$1,924,500$2,223,995
98126Seattle, WA 981266.8 mi54$36,449,514$645,000$674,991
98058Renton, WA 980587.0 mi84$59,922,996$765,988$713,369
98032Kent, WA 980327.4 mi61$36,406,508$556,225$596,828
98122Seattle, WA 981228.0 mi129$108,375,480$803,438$840,120
98164Seattle, WA 981648.4 mi8$5,525,368$673,225$690,671

Frequently Asked Questions

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

As of March 2026, there are 76 active listings in SEATTLE, WA (zip code 98178), compared to 69 the prior year.

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

The median listing price in SEATTLE, WA 98178 is $739,713 as of March 2026, a 2.3% decrease from $757,000 the prior year.

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

Homes in SEATTLE, WA 98178 spend an average of 48 days on the market before going under contract, compared to 38 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 March 2026, SEATTLE, WA 98178 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 38 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 $14,794 compared to a typical 5% commission on the median listing price of $739,713. 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.