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Foster Orillia

SEATTLE, WA 98188

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

Neighborhoods in ZIP 98188

Foster · Orillia

Market Analysis

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

The SEATTLE, WA real estate market (98188) currently shows 36 active listings, with 11 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 42 days on market compared to 20 days last year.

The median listing price has risen 34.2% year-over-year, from $339,700 to $455,999.

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: 27,523  ·  Density: 1,317.4/mi²  ·  Median household income: $77,722

Typical home value: $425,608  ·  Homeownership: 43.9%

Market Overview

Active Listings
36
⇩ 16.3% vs 43 last year
Pending
11
31% pending ratio
Median Price
$455,999
⇧ 34.2% vs $339,700 last year
Average Price
$627,256
⇧ 43.3% vs $437,682 last year
Days on Market
42
⇧ 110% vs 20 days last year

Price Per Square Foot

Median $/sqft
$332
⇧ 0.9% vs $329/sqft last year
Median Home Size
1,173 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 43 last year
  • Days on market: 42 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $455,999 (+34.2% YoY)
  • Average: $627,256 (+43.3% 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
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 9.6 miles — 722 listings ($730,624,492 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98188Seattle, WA 981880.0 mi29$21,427,810$617,488$738,890
98057Renton, WA 980573.0 mi27$13,408,173$393,697$496,599
98055Renton, WA 980553.4 mi32$20,268,704$605,000$633,397
98178Seattle, WA 981783.8 mi75$66,495,750$744,475$886,610
98198Seattle, WA 981984.0 mi67$44,034,812$548,500$657,236
98146Seattle, WA 981465.3 mi55$48,186,545$726,125$876,119
98030Kent, WA 980306.5 mi69$42,235,107$649,938$612,103
98108Seattle, WA 981086.7 mi68$47,384,712$636,488$696,834
98106Seattle, WA 981067.6 mi71$56,760,595$741,212$799,445
98136Seattle, WA 981368.2 mi39$37,073,790$794,500$950,610
98040Mercer Island, WA 980408.4 mi43$219,186,824$3,441,250$5,097,368
98001Auburn, WA 980019.6 mi49$37,331,042$755,988$761,858
98144Seattle, WA 981449.6 mi98$76,830,628$744,250$783,986

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98188?

As of April 2026, there are 36 active listings in SEATTLE, WA (zip code 98188), compared to 43 the prior year.

What is the median home price in SEATTLE, WA 98188?

The median listing price in SEATTLE, WA 98188 is $455,999 as of April 2026, a 34.2% increase from $339,700 the prior year.

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

Homes in SEATTLE, WA 98188 spend an average of 42 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98188?

Based on current inventory and days-on-market data as of April 2026, SEATTLE, WA 98188 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 42 days on market compared to 20 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 98188 save an estimated $9,120 compared to a typical 5% commission on the median listing price of $455,999. 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.