98198 Home Values & Market Trends

There are 679 homes currently listed for 98198. 98198 real estate market trends show that home prices range from $149,900 to $3,900,000, and the median sales price in the 98198 zip code is $585,950. The total number of properties sold within the past twelve months is 348. In 98198, 18 properties are in foreclosure, 2 are bank owned properties,and 9 are headed for auction.

Housing Market Summary for 98198

Sep 2025September 2026Change
Median Listing Price$600K$575K-4.16%
Median Sold Price$601K$566.8K-5.69%
Homes For Sale50467233.33%
Homes Sold1131140.88%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 98198

The median list price of a home in Seattle, is $585,950. A total of 679 properties are for sale, and the percentage of properties for sale in the zip code is 679.00%. The total count of 98198 properties is 828.

Foreclosure
There is 1 cities within 98198; within this cities, the median estimated home value for homes in foreclosure ranges from $2,900,000 in seattle to the lowest value of $132,636 in seattle. Foreclosure homes account for 2.00% of properties in 98198 with seattle containing 166 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.85% of all residential properties in 98198 with seattle containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 98198; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,033,782 in seattle to the lowest home value of $202,101 in seattle.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 98198 ranges from the highest value of $1,925,000 in seattle to the lowest value of $132,636 in seattle. Bank owned homes and properties account for 0.24% of properties in 98198. There is 1 cities within 98198; seattle containing 29 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    seattle has 100 auction properties, the highest number of properties going to auction in a single city in the state of 98198. Auction homes and other auction properties account for 1.09% of all properties in 98198. There is 1 cities within 98198; of that cities, the median estimated home value for homes going to auction ranges from $2,900,000 in seattle to the lowest value of $167,145 in seattle.
Homes for Sale
Homes and properties that are actively listed for sale account for 82.00% of residential properties in 98198 with seattle containing 18273 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 98198; homes for sale in that cities, have a range of median values from $28,400,588 in seattle to the lowest value of $110,000 in seattle.
    Sold Homes
    The median value for recently sold homes ranges from $31,566,351 in seattle to the lowest price of $78,832 in seattle. There is 1 cities within 98198. seattle has 2766 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 13.65% of properties in 98198.

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      Guide for 98198

      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.