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SEATTLE, WA 98199

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

Neighborhoods in ZIP 98199

Briarcliff · Interbay · Lawton · Lawton Park · Lawtonwood · Magnolia · Southeast Magnolia

Market Analysis

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

The SEATTLE, WA real estate market (98199) currently shows 100 active listings, with 35 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are selling faster, averaging 24 days on market compared to 33 days last year.

The median listing price has risen 25.1% year-over-year, from $979,500 to $1,225,000.

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.

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Market Context

Market Context

Population: 22,359  ·  Density: 2,038.4/mi²  ·  Median household income: $168,132

Typical home value: $1,125,650  ·  Homeownership: 61.1%

Market Overview

Active Listings
100
⇧ 37% vs 73 last year
Pending
35
35% pending ratio
Median Price
$1,225,000
⇧ 25.1% vs $979,500 last year
Average Price
$1,578,819
⇧ 5.3% vs $1,499,221 last year
Days on Market
24
⇩ 27.3% vs 33 days last year

Price Per Square Foot

Median $/sqft
$592
vs $592/sqft last year
Median Home Size
2,104 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 100 this year vs 73 last year
  • Days on market: 24 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $1,225,000 (+25.1% YoY)
  • Average: $1,578,819 (+5.3% 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 7.9 miles — 1,005 listings ($1,372,849,580 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98199Seattle, WA 981990.0 mi78$109,439,304$1,031,238$1,403,068
98119Seattle, WA 981191.7 mi91$83,152,797$607,250$913,767
98109Seattle, WA 981093.0 mi95$75,018,650$648,000$789,670
98121Seattle, WA 981213.6 mi117$93,275,910$596,000$797,230
98101Seattle, WA 981014.2 mi105$134,432,235$688,500$1,280,307
98104Seattle, WA 981044.9 mi70$59,865,750$502,450$855,225
98112Seattle, WA 981125.5 mi77$260,784,986$1,185,750$3,386,818
98122Seattle, WA 981225.7 mi129$108,375,480$803,438$840,120
98177Seattle, WA 981776.5 mi37$54,447,609$949,240$1,471,557
98110Bainbridge Island, WA 981106.6 mi48$55,512,816$1,049,000$1,156,517
98144Seattle, WA 981446.8 mi98$76,830,628$744,250$783,986
98039Medina, WA 980397.7 mi21$224,639,625$6,847,500$10,697,125
98136Seattle, WA 981367.9 mi39$37,073,790$794,500$950,610

Frequently Asked Questions

How many homes are for sale in SEATTLE, WA 98199?

As of March 2026, there are 100 active listings in SEATTLE, WA (zip code 98199), compared to 73 the prior year.

What is the median home price in SEATTLE, WA 98199?

The median listing price in SEATTLE, WA 98199 is $1,225,000 as of March 2026, a 25.1% increase from $979,500 the prior year.

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

Homes in SEATTLE, WA 98199 spend an average of 24 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in SEATTLE, WA 98199?

Based on current inventory and days-on-market data as of March 2026, SEATTLE, WA 98199 is currently a Balanced Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are selling faster, averaging 24 days on market compared to 33 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 98199 save an estimated $24,500 compared to a typical 5% commission on the median listing price of $1,225,000. 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.