Population: 38,942 · Density: 1,946.4/mi² · Median household income: $76,062
Typical home value: $475,401 · Homeownership: 53.7%
Data as of January 2026. Source: Realtor.com.
The SEATTLE, WA real estate market (98198) currently shows 59 active listings, with 21 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 83 days on market compared to 65 days last year.
The median listing price has fallen 8.6% year-over-year, from $538,498 to $492,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98198 | Seattle, WA 98198 | 0.0 mi | 59 | $30,889,214 | $492,000 | $523,546 |
| 98148 | Seattle, WA 98148 | 3.5 mi | 15 | $9,379,755 | $629,000 | $625,317 |
| 98166 | Seattle, WA 98166 | 4.4 mi | 24 | $31,697,328 | $855,000 | $1,320,722 |
| 98030 | Kent, WA 98030 | 5.6 mi | 58 | $35,416,424 | $660,000 | $610,628 |
| 98055 | Renton, WA 98055 | 6.3 mi | 29 | $17,106,230 | $500,000 | $589,870 |
| 98023 | Federal Way, WA 98023 | 6.4 mi | 74 | $60,746,378 | $715,000 | $820,897 |
| 98057 | Renton, WA 98057 | 6.8 mi | 19 | $9,818,383 | $455,000 | $516,757 |
| 98146 | Seattle, WA 98146 | 7.6 mi | 49 | $40,123,307 | $695,000 | $818,843 |
| 98178 | Seattle, WA 98178 | 7.8 mi | 71 | $59,644,402 | $707,450 | $840,062 |
| 98058 | Renton, WA 98058 | 9.3 mi | 71 | $48,120,250 | $696,940 | $677,750 |
| 98047 | Pacific, WA 98047 | 9.7 mi | 5 | $2,597,500 | $519,500 | $519,500 |
| 98056 | Renton, WA 98056 | 9.9 mi | 79 | $87,993,360 | $839,475 | $1,113,840 |
| 98118 | Seattle, WA 98118 | 10.4 mi | 97 | $81,722,791 | $693,000 | $842,503 |
As of January 2026, there are 59 active listings in SEATTLE, WA (zip code 98198), compared to 72 the prior year.
The median listing price in SEATTLE, WA 98198 is $492,000 as of January 2026, a 8.6% decrease from $538,498 the prior year.
Homes in SEATTLE, WA 98198 spend an average of 83 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SEATTLE, WA 98198 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 83 days on market compared to 65 days last year.
With SELL123.com's maximum 3% commission, sellers in SEATTLE, WA 98198 save an estimated $9,840 compared to a typical 5% commission on the median listing price of $492,000. 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.